Articles

  • 1 month ago | marketscreener.com | Gursimran Kaur Mehar |Yousef Saba |Federico Maccioni

    (Reuters) -Abu Dhabi National Oil Company and Austria's OMV will merge their polyolefin businesses to create a chemicals powerhouse with a $60 billion enterprise value, as the Gulf state oil company advances an aggressive growth strategy. The merged entity, Borouge Group International, is set to be the fourth largest polyolefins firm by production capacity, behind China's Sinopec and CNPC and U.S.-based ExxonMobil, ADNOC Downstream CEO Khaled Salmeen told Reuters.

  • 1 month ago | businesslive.co.za | Gursimran Kaur Mehar |Yousef Saba |Federico Maccioni

    Bengaluru/Dubai — Abu Dhabi National Oil Company (Adnoc) and Austria’s OMV will merge their polyolefin businesses to create a chemicals powerhouse with a $60bn enterprise value, the companies said, as the Gulf state oil firm advances its aggressive growth strategy. The merged entity, Borouge Group International, was set to be the fourth-largest polyolefins firm by production capacity, behind China’s Sinopec and CNPC, and US-based ExxonMobil, Adnoc Downstream CEO Khaled Salmeen told Reuters.

  • 2 months ago | ca.finance.yahoo.com | Andrea Mandala |Gursimran Kaur Mehar

    MILAN (Reuters) -Italy's fourth-largest bank BPER on Thursday joined in a raft of takeover bids rocking the country's financial sector, with a 4.3 billion euro ($4.46 billion) all-share bid for Banca Popolare di Sondrio. BPER and Popolare di Sondrio (BPSO) have in common their main shareholder, insurer Unipol, which distributes its products through both banks.

  • Jan 17, 2025 | usatoday.com | Gursimran Kaur Mehar |Disha Mishra

    Facebook parent Meta's META.O "Community Notes", similar to that used on Elon Musk-owned social media platform X, will not apply to paid ads when they arrive later this year, a person familiar with the matter told Reuters on Thursday. Community Notes on Meta Platforms will be enabled for organic content, a source said. Organic content are posts that Meta hasn't been paid to promote.

  • Jan 17, 2025 | brandequity.economictimes.indiatimes.com | Gursimran Kaur Mehar |Disha Mishra

    By Gursimran Mehar and Disha MishraFacebook parent Meta's "Community Notes", similar to that used on Elon Musk-owned social media platform X, will not apply to paid ads when they arrive later this year, a person familiar with the matter told Reuters on Thursday. Community Notes on Meta Platforms will be enabled for organic content, a source said. Organic content are posts that Meta hasn't been paid to promote.

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