Chevron sells Bangladesh gas fields to China’s Himalaya Energy


U.S. oil and gas company Chevron Corp said on Monday it has agreed to sell its three gas producing fields in Bangladesh to Chinese firm Himalaya Energy, as part of a plan to raise billions of dollars by shedding non-core properties this year. “The agreement is for the sale of… Read more »

HSBC wins mandate for Saudi Aramco’s $100b IPO

It is expected to be the world’s largest ever IPO

British luxury retailer Jimmy Choo puts itself up for sale

JAB Luxury holds 67.7 percent of Jimmy Choo, which trades from over 150 stores globally.

Japanese agri IoT provider Farmnote Holdings raises $4.54m

Sumitomo Holdings joined the round.

Softbank unit Sprint exploring deal options beyond T-Mobile to unleash value

Wall Street is betting Sprint Corp. and T-Mobile US Inc. will soon revive talks on a blockbuster merger, but a recent surge in demand for wireless assets has Sprint exploring other ways to unleash value. Sprint’s parent SoftBank Group Corp. believes the company’s vast trove of wireless spectrum, which can… Read more »

US buyout firm Varde to double APAC staff in distressed debt push

Japan, Singapore, Australia and NZ are top distressed debt markets.

KKR & INCJ submit joint offer for Toshiba chip unit

KKR and INCJ may be joined by Western Digital & Development Bank of Japan.

True to its style, Walmart scoops up e-commerce deals at a discount

The problem is, in true Walmart fashion, the retailer is trying to buy revenue growth on the cheap.

Facebook raises curtain on unit researching brain-to-text technology

Facebook Inc on Wednesday pulled aside the curtain on a secretive unit headed by a former chief of the Pentagon’s research arm, disclosing that the social media company is studying ways for people to communicate by thought and touch. Facebook launched the research shop, called Building 8, last year to… Read more »

Amazon’s Australia entry to heat up competition for domestic retailers

Shares of electronics and appliances retailer Harvey Norman Holdings Ltd and department store chain Myer Holdings Ltd slumped 3%.