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August 2020

Unassigned

Seven & i takes over Marathon Petroleum’s Speedway gas stations for $21 bn

GBO CorrespondentAugust 4, 2020
GBO CorrespondentAugust 4, 2020
The acquisition will help Seven & i to increase its store count...
Japanthe US
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Asian petroleum refiners worry over imbalance in demand and supply

GBO CorrespondentAugust 4, 2020
GBO CorrespondentAugust 4, 2020
Petrol refining margins slumped to 4 cents per barrel in the last...
AsiaDemandRefineriesSupply
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Siemens Healthineers acquires Varian Medical Systems for $16.4 billion

GBO CorrespondentAugust 3, 2020
GBO CorrespondentAugust 3, 2020
Healthineers will gain a sizable market share in the rapidly growing field...
AcquisitionDAX indexGermanyHealthcare
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Nigeria topped Africa’s crude oil production in 2018: IEA

GBO CorrespondentAugust 3, 2020
GBO CorrespondentAugust 3, 2020
South Africa produced majority of the coal in Africa in 2018...
Africacrude oil productionRenewable energy
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Samsung plans to capture Indian smartphone market

GBO CorrespondentAugust 3, 2020
GBO CorrespondentAugust 3, 2020
The company holds second position in the smartphone market with 26 percent...
IndiaIndian marketSamsung smartphones
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HSBC reports unexpected first quarter profit amid Covid-19 pandemic

GBO CorrespondentAugust 3, 2020
GBO CorrespondentAugust 3, 2020
On a net basis, the bank reported a second-quarter profit of $192...
AsiaBankingHSBCThe UK
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Trump’s $2 trillion deals recast US-Gulf relationsBeyond the dollar signs, Donald Trump’s Middle East agreements are poised to reshape the region’s development trajectory…

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