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Press Releases

Thai Berli on course to raise $6.2 bln for Casino supermarket firm -sources

BANGKOK/ HONG KONG, March 4- Thailand's Berli Jucker Pcl has tapped foreign banks including BNP Paribas as well as domestic lenders to raise $6.2 billion for its acquisition of Big C Supercenter, putting it on track to successfully meet a March 31 financing deadline. Berli, the core retail business of Thai tycoon Charoen Sirivadhanabhakdi, won a hotly contested...

Source: Reuters

China's Xiaomi debuts ceramic-body Mi 5 flagship smartphone

BARCELONA, Feb 24- China's Xiaomi unveiled its flagship Mi 5 smartphone on Wednesday, combining the latest components and an innovative ceramic design with a price at just over $400 that significantly undercuts rivals. Vice President Hugo Barra said the Mi 5 had been built around Qualcomm's Snapdragon 820, the same processor that powers Samsung's Galaxy S7...

Source: Reuters