Wednesday 2 September 2015
 
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France to sell 5pc Renault stake

France is preparing to sell the five per cent Renault stake it had acquired earlier this year to secure a doubling of voting rights for longer-term investors, Economy Minister Emmanuel Macron said in an interview published on Thursday.

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PAI to sell air cargo handler Swissport to HNA

European private equity firm PAI Partners said on Thursday it had agreed to sell Swissport International to China's HNA Group, a deal that will help the Swiss air cargo handler broaden its reach in Asia. HNA Group, the owner o

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Etisalat launches machine to sell SIM cards in UAE 


Leading telecommunications operator Etisalat has launched its first interactive touch screen ‘Smart Service’ machine to sell new activated prepaid SIM cards in the UAE. The automated innovative machine will enable cust

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Pearson in talks to sell its 50pc stake in The Economist

Britain's Pearson said on Saturday it was in talks to sell its 50 percent stake in The Economist Group, publisher of The Economist newspaper. The move comes on the heels of Pearson's sale of the Financial Times newspaper t

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Infrastructure terms for developers in Bahrain

Private developers will be banned from selling properties in northern Bahrain unless proper infrastructure is in place. The Northern Municipal Council has taken the decision based on complaints from homeowners, some of whom have a

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Apple Watch to hit retail stores on June 26

Apple said it would start selling some models of its watch at its retail stores this month, and also roll out the gadget in seven more countries. The watch has been on display in Apple stores around the world since April 10, when

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Britain to sell 30pc Royal Mail stake

Britain will sell its 30 per cent stake in postal operator Royal Mail, currently worth about 1.5 billion pounds ($2.3 billion), as it renews its drive to wipe out the budget deficit, finance minister George Osborne said. The sale

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Sotheby’s to sell contemporary art at Doha auction

Sotheby’s, an international auction house, is set to conduct a sale of contemporary art in Doha on April 21. The sale will comprise a selection of top-caliber works by leading Arab, Iranian and international contemporary art

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Bahraini private hospital selling land to pay staff

A private hospital in Bahrain is reportedly planning to sell off land to raise the money it needs to pay staff. International Hospital of Bahrain (IHB) medical director Dr Abdul Shaheed Naseeb blamed an 80 per cent drop in busines

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Lloyds, Natixis and RBS sell Dubai World debt

Lloyds Banking Group and Natixis have sold their holdings in debt of Dubai World, the state-owned conglomerate nearing a $14.6 billion debt restructuring, according to sources familiar with the matter. Royal Bank of Scotland (RBS)

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