June 25, 2019
Latest News

Knorr-Bremse sets final IPO price at 80 euros per share

Madrid, Oct 11 (efe-epa).- Knorr-Bremse AG said that it has set the final price for its initial public offering at 80 euros ($92.10) a share, valuing the company at up to 12.9 billion euros, according a report from the Dow Jones Newswires made available to EFE Thursday.

The automotive supplier, which plans to start trading in Frankfurt on Oct. 12, said late Wednesday it will place a maximum of around 48.4 million shares – equivalent to a free float of 30 percent – for a total offer volume of 3.9 billion euros.

Munich-based Knorr-Bremse manufactures braking systems for rail and commercial vehicles and reported sales of 6.15 billion euros in 2017.

By Nathan Allen

News history
Nissan shareholders approve corporate governance reform

Tokyo, Jun 25 (efe-epa).- The shareholders of Nissan Motor on Tuesday approved the reform of its management to prevent a concentration of power such as that...

Future of LatAm development depends on sustainability

By Alfonso Fernandez

Iran: A nation under pressure

Iran is in the midst of an economic crisis as a result of continued economic sanctions imposed by the United States.

Death toll rises to 28 in Cambodia building collapse

Bangkok Desk, Jun. 24 (efe-epa).- The death toll from the weekend collapse of a seven-story building in Cambodia’s seaside resort city of Sihanoukville has...

China urges mutual respect, working under WTO rules to reach an agreement

Beijing, Jun 24 (efe-epa).- The president of China is set to urge his United States counterpart for mutual respect and working under the rules of the World...

IOC signs sponsorship deals with Coca-Cola, Mengniu until 2032

Madrid, Jun 24 (efe-epa).- The International Olympic Committee (IOC) on Monday said it had signed sponsorship agreements with the Coca-Cola company and...

Pensions reform: A reviled subject for Japan's Abe government

By Antonio Hermosin Gandul.

First Chinese national elected head of UN food agency

By Belén Delgado

Southeast Asian countries find common ground on world's largest trade deal

By Noel Caballero

Southeast Asian leaders meet in Bangkok to talk free trade, sustainability

Bangkok, Jun 22 (efe-epa).- The leaders of the Association of Southeast Asian Nations on Saturday gathered in Bangkok for a summit to discuss economic...

Latin America needs innovation, planning for sustainability

Washington, Jun 21 (efe-epa).- Latin America faces big challenges in social and environmental sustainability, especially with regard to climate change,...

Coke and Pepsi want to sell you bottled water without the bottle

By Jennifer Maloney

As Chennai city dries up, India stares down growing water crisis

By David Asta Alares.

Vietnam finds itself at a crossroads in the US-China trade war

By Eric San Juan

Apple explores shift away from China

By Yoko Kubota and Tripp Mickle

US bars civilian flights over Iran-controlled airspace amid military tension

Washington, Jun 21 (efe-epa).- The United States aviation regulator on Thursday prohibited commercial airlines of the country from flying in an overwater...

Nissan announces new members of board

Tokyo, Jun 21 (efe-epa).- Japanese automaker Nissan Motor Company on Friday announced the nominees for the board of directors and its new corporate...

Trump: I expect congressional Democrats will do right thing, approve USMCA

Washington, Jun 20 (efe-epa).- President Donald Trump said Thursday that the ratification of the newly renegotiated trade treaty with Mexico and Canada...

Slack shares jump 49.54 pct. on going public without IPO

New York, Jun 20 (efe-epa).- Slack Technologies Inc. on Thursday tried a different approach from other firms wanting to go public by listing its shares...

US-China tension affects Latin America technology, UN official warns

By Luís Lima

Gaudi, flamenco and sun: Spain is sold in China as the ideal film set

By Paula Escalada Medrano.

34th ASEAN summit kicks off in Bangkok with economy, security topping agenda

By David Latona

Mexico's Senate ratifies USMCA in extraordinary session

Mexico City, Jun 19 (efe-epa).- Mexico's Senate on Wednesday ratified a trilateral trade deal meant to supersede the North American Free Trade Agreement...

Fed keeps US interest rates unchanged

Washington, Jun 19 (efe-epa).- The United States Federal Reserve on Wednesday left its benchmark interest rate unchanged despite President Donald Trump's...

I agree Welcome to news4europe.eu. We use cookies to improve your online experience. Find out more.