Battles Rage in South Sudan

Fighting in South Sudan appeared to intensify following rebel advances into oil-producing towns that led to widespread civilian deaths.



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Edoardo Cignoli : WH Group IPO to Seek $1.34 Billion to $1.88 Billion

Chinese pork producer WH Group, which has delayed its Hong Kong IPO and slashed its size, will seek to list May 8 and raise $1.34 billion to $1.88 billion.



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Edoardo Cignoli : Scania Shareholder Alecta Rejects VW Bid

Swedish pension fund Alecta said it would reject Volkswagen's offer to buy out minority shareholders in truck maker Scania.



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Edoardo Cignoli : France's Treasury Chief in Line to Become Orange CFO

France's Treasury chief, Ramon Fernandez, is in line to become Telecom Orange's new chief financial officer, as Chief Executive Stéphane Richard moves to put a new team in place to lead the telecom company during his second term.



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Edoardo Cignoli : Ericsson Reports Sharp Revenue Decline

Sweden's Ericsson reported an unexpectedly sharp decline in revenue for the first quarter, blaming lower revenue in North America and Japan which was only partly offset by growth in China, the Middle East and Latin America.



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Edoardo Cignoli : ARM Holdings Posts Higher Profit

Computer chip designer ARM Holdings reported a rise in first-quarter profit boosted by demand for its technology for a growing range of products including so-called supercomputers and sensors.



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Edoardo Cignoli : Australia to Buy 58 F-35 Jet Fighters

Australia said it would buy 58 Lockheed Martin Corp. F-35 Joint Strike Fighters in a deal worth about US$12 billion.



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