Tech news Japan’s SoftBank plans to sell $7.9 billion in Alibaba stock Ghada Ismail Jun 1, 2016 0 SoftBank Group Corp said it will sell at least $7.9 billion of shares in Alibaba Group Holding Ltd - a move that…
Tech news Cairo plans 4G licence sale as monopoly targets mobile Ghada Ismail May 9, 2016 0 Egypt plans to sell fourth-generation mobile licences within two months in a spectrum allotment that would allow…
Industry & Trade Aramco value to top $2 trillion, less than 5% to be sold, says prince Noha Gad Apr 26, 2016 0 Saudi Arabia expects state oil company Saudi Aramco to be valued at more than $2 trillion and plans to sell less…
Industry & Trade Toyota to release plug-in, hybrid cars in China in 2018 Ghada Ismail Apr 24, 2016 0 Toyota Motor Corp plans to sell heavily electrified, so-called plug-in hybrid cars in China starting in 2018, its…
Banks Citigroup, U.S. Bancorp exit money-losing Brazil card venture Noha Gad Apr 23, 2016 0 Citigroup Inc and U.S. Bancorp have agreed to sell Brazilian card payment processing joint venture Elavon do Brasil…
Industry & Trade Mitsubishi Motors shares set to slump to record low on mileage cheating scandal Noha Gad Apr 21, 2016 0 Mitsubishi Motors Corp's (7211.T) shares were untraded on Thursday as they were swamped with sell orders, and were…
Tech news Yahoo changes employee-severance language prior to possible sale Ghada Ismail Apr 16, 2016 0 Yahoo Inc., which has been in talks to sell its core Web business and Asian assets, has modified the definition of…
Industry & Trade GE to sell $1.4 billion U.S. hotel franchise loan portfolio Noha Gad Mar 30, 2016 0 General Electric Co (GE.N) said it had agreed to sell GE Capital's U.S. hotel franchise loan portfolio to a unit of…
Tech news Dell to sell IT services unit to Japan’s NTT Data: sources Ghada Ismail Mar 28, 2016 0 Dell Inc is set to announce an agreement on Monday to sell its non-core information technology consulting division…
Industry & Trade Toshiba to sell part of its chip operations Noha Gad Jan 24, 2016 0 Japan's Toshiba Corp plans to sell part of its chip business as it aims to recover from a $1.3 billion accounting…