Asset sales

Two sets of bedroom furniture, including cardboard beds, for the Tokyo 2020 Olympic and Paralympic Villages are shown in a display room Thursday, Jan. 9, 2020, in Tokyo. Tokyo Olympic athletes beware - particularly larger ones. The single bed frames in the Athletes Village at this year's Olympics will be made of cardboard. The single bed frames will be recycled into paper products after the games. The mattress components - the mattress are not made of cardboard - will be recycled into plastic products.. (AP Photo/Jae C. Hong)
January 09, 2020 - 1:12 am
TOKYO (AP) — Tokyo Olympic athletes beware — particularly larger ones. The bed frames in the Athletes Village at this year's Olympics will be made of cardboard. Sturdy cardboard. “Those beds can stand up to 200 kilograms,” explained Takashi Kitajima, the general manager of the Athletes Village,...
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January 02, 2020 - 4:31 pm
RICHMOND, Va. (AP) — A hotel operator has purchased The Times-Dispatch building in Virginia’s capital city, but the Richmond newspaper will remain in the downtown building under a long-term lease, the companies announced Thursday. The Times-Dispatch reports that its newsroom, advertising and...
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FILE - In this Feb. 28, 2009, file photo, a State Grid Corp. sign is seen above its training center in Beijing. The Chinese state-owned utility said Tuesday, Dec. 17, 2019, it has bought 49% of the power distribution grid in the Gulf nation of Oman. State Grid Corp. described the purchase as part of China's multibillion-dollar Belt and Road initiative to build trade-related infrastructure across Asia to Europe. (AP Photo/Greg Baker, File)
December 17, 2019 - 5:17 am
BEIJING (AP) — A Chinese state-owned utility says it has bought 49% of the power distribution grid in the Gulf nation of Oman. State Grid Corp. described the purchase as part of China's multibillion-dollar Belt and Road initiative to build trade-related infrastructure across Asia to Europe. State...
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Saudi Arabia's state-owned oil company Saudi Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia, Wednesday, Dec. 11, 2019. (AP Photo/Amr Nabil)
December 11, 2019 - 5:01 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares'...
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FILE - This Sept. 15, 2019 file photo, shows storage tanks at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, 2019, set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 09, 2019 - 12:02 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabia is expected to set a new record for the largest stock flotation in history on Wednesday with the sale of part of Aramco, the state-owned oil company valued at $1.7 trillion. The offering's success is crucial to the ambitious plan by Crown Prince Mohammed bin...
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December 09, 2019 - 2:40 am
BERLIN (AP) — Lufthansa is selling the European business of its catering and services subsidiary LSG Group to Switzerland-based gategroup for an undisclosed amount, the German airline said Monday. The deal covers LSG's European catering operations as well as its lounge and equipment businesses,...
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FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 05, 2019 - 3:07 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. The company said it will sell its shares at 32 riyals ($8...
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FILE -In this Jan. 9, 2018, file photo, people walk by the Panasonic booth during CES International in Las Vegas. Japanese electronics manufacturer Panasonic Corp. is abandoning the semiconductor business with the sale of its last business in that sector to a Taiwanese company. Panasonic said Thursday it was transferring the semiconductor business operated by Panasonic Semiconductor Solutions Co. to Nuvoton Technology Corp. (AP Photo/John Locher)
November 28, 2019 - 4:07 am
TOKYO (AP) — Japanese electronics manufacturer Panasonic Corp. is abandoning the semiconductor business with the sale of its last business in that sector to a Taiwanese company. Panasonic said Thursday it was transferring the semiconductor business operated by Panasonic Semiconductor Solutions Co...
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In this picture taken Friday, Aug. 17, 2012, Italy's largest steel plant is seen in Taranto, Italy. Italian Premier Giuseppe Conte says steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern Italian steel plant. Conte and his economy and economic development ministers held four-hour talks ending Friday before midnight with ArcelorMittal’s top executives. Union leaders on Saturday insisted that any deal must exclude layoffs. (AP Photo/Paola Barisani)
November 23, 2019 - 9:43 am
ROME (AP) — Italy’s leader said that steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern plant that is one of Europe’s largest steel producers, while union leaders on Saturday clamored for authorities to protect the thousands of jobs at stake. Premier...
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FILE - In this April 11, 2018, file photo, Facebook CEO Mark Zuckerberg testifies before a House Energy and Commerce hearing on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election and data privacy. Zuckerberg will be in Washington Thursday, Sept. 19, 2019, to meet with lawmakers and talk about internet regulation. The company said the meetings are not public and it did not give details on whom Zuckerberg is meeting with and what, exactly, he'll discuss. (AP Photo/Andrew Harnik, File)
September 19, 2019 - 5:58 pm
WASHINGTON (AP) — The Senate's most vocal critic of the tech industry offered a challenge Thursday to Facebook CEO Mark Zuckerberg: Sell your WhatsApp and Instagram properties to prove you're serious about protecting data privacy. It may have been more than Zuckerberg expected from his private...
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