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Temasek-backed Chinese travel site aims to raise up to $300 mln - sources

HONG KONG, Aug 17 A Chinese travel website backed by Singaporean state investor Temasek Holdings hopes to raise up to $300 million in a new funding round that it hopes to value the firm at $2 billion to $2.5 billion, two people with knowledge of the matter said.

Brazil' electricity distributor Light plans share offering - filing

SAO PAULO, Aug 16 Brazilian electricity distributor Light SA said in a securities filing on Thursday that the company is considering a share offering to raise new funds.

Regulatory News, 7:00am IST

UPDATE 3-Canada's Pieridae Energy in talks to sell LNG to Swiss utility

LONDON/WINNIPEG, Manitoba, Aug 16 Pieridae Energy, considering whether to build Canada's first major liquefied natural gas (LNG) export terminal, is in talks with Axpo, a Swiss utility and energy trader, for a 10-year supply deal, the companies said on Thursday.

Regulatory News, 3:10am IST

UPDATE 5-Walmart posts biggest U.S. sales rise in a decade, shares soar

NEW YORK, Aug 16 Walmart Inc posted its best quarterly U.S. sales growth in a decade and upped full-year sales and profit outlooks on Thursday, sending shares surging as a jump in online and grocery purchases showed it can hold its own against Amazon.com Inc.

Regulatory News, 16 Aug 2018

EU mergers and takeovers (Aug 16)

BRUSSELS, Aug 16 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Regulatory News, 16 Aug 2018

Multiple bids lined up for Paris airport operator -sources

LONDON, Aug 16 At least three consortiums have been formed to launch multibillion-euro bids for a stake in the operator of Paris Charles de Gaulle and Orly airports, among the first of France's planned privatisations for 2019, three financial sources said.

Regulatory News, 16 Aug 2018

RPT-Dubai regulator probes Abraaj Capital, stops it from taking on new work

DUBAI, Aug 16 Dubai's financial services regulator has stopped Abraaj Capital from taking on new business or moving money to Abraaj Investment Management (AIML), its related entity, as part of an investigation into the group.

Bankruptcy 16 Aug 2018

Provisional liquidators appointed to oversee Dubai-based Abraaj Capital-DIFC courts

DUBAI, Aug 16 Two individuals from Deloitte were appointed as joint provisional liquidators by the Dubai International Financial Centre (DIFC) Courts to oversee the winding up of Dubai-based private equity firm Abraaj Capital, DIFC Courts said on Thursday.

16 Aug 2018

Dubai regulator probes Abraaj Capital, stops it from taking on new work

DUBAI, Aug 16 Dubai's financial services regulator has stopped Abraaj Capital from taking on new business or moving money to Abraaj Investment Management (AIML), its related entity, as part of an investigation into the group.

Bankruptcy 16 Aug 2018

UPDATE 1-Uber narrows loss but is a long way from finding profit

SAN FRANCISCO, Aug 15 Uber Technologies Inc said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable as it gears up to go public in 2019.

Regulatory News, IPOs, 16 Aug 2018

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