FRANKFURT German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday.
MOSCOW Leonid Fedun, a major shareholder and vice president at Russia's No.2 oil producer Lukoil , has not ruled out selling his stake to Kremlin-controlled Rosneft , RBC newspaper reported on Saturday.
FRANKFURT/WASHINGTON President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron because the deal posed a risk to American national security, the Treasury Department said on Friday.
MONACO Japanese sportswear giant Asics Corp will take over from Adidas as the official sponsor of the International Association of Athletics Federations (IAAF), a source with knowledge of the deal told Reuters on Friday.The IAAF is expected to announce the deal on Saturday. Adidas, who had signed an 11-year sponsorship deal with the IAAF that was set to run until 2019, said on Friday it was ending the deal three years early.
FRANKFURT Aixtron will have to take action to balance income and costs, including potential job cuts, if U.S. President Barack Obama blocks its takeover by China's Fujian Grand Chip Investment Fund (FGC).
FRANKFURT Wacher Chemie is in early talks with Chinese suitors interested in taking a stake in the German chemical group's silicon wafers unit Siltronic , three people familiar with the matter said.
BHUBANESWAR, India India's power and coal minister Piyush Goyal said on Friday there was no value in splitting up India's biggest coal producer Coal India Ltd and denied any plans to break it up.
BERLIN Germany's Economy Ministry declined to comment on Friday on a report that U.S. President Barack Obama was poised to block the sale of chip maker Aixtron to a Chinese firm and said its own independent review is ongoing.
NEW DELHI Japanese telecom and media group SoftBank's investments in India will top $10 billion in 10 years, the company's chairman Masayoshi Son said on Friday.
SEOUL SK Holdings Co said it submitted a non-binding bid to buy South Korea's second-biggest producer of industrial gases that has been put up for sale by Goldman Sachs and others, in a deal a source said could be valued at around $2 billion.
HARRISBURG, Pa. Green Party candidate Jill Stein late Saturday vowed to bring her fight for a recount of votes cast in Pennsylvania in the U.S. presidential election to federal court, after a state judge ordered her campaign to post a $1 million bond.