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Monday, February 2, 2015



  • Kaisa CEO leaves, hopes of near-term rescue deal dashed Reuters
China's Kaisa Group said on Monday that its chief executive officer has resigned - a further blow to the embattled property developer despite having sold some assets at the weekend to ease its … More »
Sovereign wealth funds in talks to back $15 billion O2 deal - report Reuters
Some of the world's biggest sovereign wealth funds are in talks to provide financial backing for Hutchison Whampoa's acquisition of Telefonica's British mobile business, the Telegraph newspaper … More »
  • EnQuest exits Tunisia after disappointing oil production outlook Reuters
North-Sea focused oil producer EnQuest has cancelled operations in Tunisia after determining that it expected no material oil production from the Didon field in which it agreed to acquire a stake in … More »
  • Fresh reports circulate on China's second aircraft carrier Reuters
Fresh reports that China is building a second aircraft carrier circulated over the weekend on a city government microblog and a state-owned newspaper, as the country scrambles to modernize its … More »
  • Sovereign wealth funds in talks to back $15 bln O2 deal - report Reuters
Some of the world's biggest sovereign wealth funds are in talks to provide financial backing for Hutchison Whampoa's acquisition of Telefonica's British mobile business, the Telegraph newspaper … More »
  • Delhi HC issues notice to Kejriwal, EC ANI
New Delhi, Feb. 2 (ANI): The Delhi High Court on Monday issued a notice to Aam Aadmi Party chief Arvind Kejriwal and the Election Commission, acting on the plea of Congress leader Kiran Walia. Walia … More »
  • Ten Bengaluru students allegedly tonsured ANI
Bengaluru, Feb. 2 (ANI): Around ten students of a private school in Bengaluru were allegedly tonsured by the hostel warden as punishment. "Yesterday, we have received a complaint at the Cubbon Park … More »
  • Swiss prosecutor opens Holcim insider trading probe Reuters
The Swiss Attorney General's office has opened an investigation into possible insider trading in the securities of cement producer Holcim Ltd, the office said in a statement on Sunday. The … More »
  • Ireland's CRH to buy Lafarge, Holcim assets for $7.4 billion
Ireland's CRH to buy Lafarge, Holcim assets for $7.4 billion Reuters
By Padraic Halpin DUBLIN (Reuters) - Irish building supplies groups CRH has agreed to pay 6.5 billion euros ($7.4 billion/£4.9 billion) for assets that rivals Lafarge and Holcim needed to sell to … More »