- Location
BNP Paribas
"-
EU Approves PSA's Proposed Acquisition of Opel Vauxhall Automotive Business
Jul 7, 2017French-automaker PSA Group has received approval from the European Union antitrust authorities for the acquisition of Opel and Vauxhall brands from General Motors. Through the acquisition, PSA plans to make profitable growth not only in ...
-
GM to Sell Vauxhall, Opel Brands to PSA Group in Eur2.2bn Deal
Mar 14, 2017US auto giant General Motors has agreed to sell its European operations to French automaker PSA Group for €2.2bn. PSA will buy Opel/Vauxhall automotive operations for €1.3bn, while GM Financial’s European operations will ...
Tags: General Motors, PSA Group, automotive
-
China's Real Estate Investors Invest More Abroad
Feb 1, 2017The exponentially expanding appetite of Chinese mainland capital for international real estate assets reached a record high in 2016-and is likely to continue to play a significant role in the global property market in the next few ...
Tags: real estate assets
-
Weak Crude Adds to Ara Propane Woes as Spot Demand Slumps
Dec 16, 2015A weak crude complex which has seen futures values drop to multi-year lows is only adding to an already depressed Amsterdam-Rotterdam-Antwerp spot propane market, where demand has failed to benefit from any increase in end-user heating ...
Tags: Weak Crude, temperatures, propane
-
GE Has Inked a Pact for Selling Its Fleet Operations in The US
Jul 2, 2015GE has inked a pact for selling its fleet operations in the US, Mexico, Australia and New Zealand to Element Financial Corporation for $6.9bn, as well as divested its European fleet businesses to BNP Paribas arm Arval. While the ...
-
TRW Automotive Plans to Sell Linkage and Suspension Business for $400m
Apr 24, 2015TRW Automotive has agreed to sell its linkage and suspension business to THK for $400m in an all-cash deal. The linkage and suspension business generates revenues of $550m. Subject to customary conditions including regulatory approvals, ...
Tags: TRW Automotive, Linkage
-
ThyssenKrupp Plans to Sell Automotive Contract Assembly Business
Apr 16, 2015ThyssenKrupp has reportedly approached BNP Paribas to find a suitable buyer for its automotive contract assembly business. The automotive systems unit produces axle systems for car makers, It generates revenues of around €1bn. ...
Tags: ThyssenKrupp, Automotive
-
China Launches Bank Deposit Insurance in May
Apr 1, 2015Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance
-
Higher Aluminum Prices Prompted Chinese Smelters
Sep 30, 2014Higher aluminum prices have prompted some Chinese smelters to abandon production cutbacks and are seen leading to restarts of other plants, chipping away at what was expected to be the first global deficit after years of oversupply. A ...
Tags: Aluminum, physical material, Metal
-
Would You Believe a 60% Tariff?
Aug 18, 2014Would you believe a 60% tariff? That is a possibility, according to a report by Exane BNP Paribas. On July 22, 2014, the United States International Trade Commission determined consumer tire imports from China may or may soon be ...
Tags: Chinese, Tire Tariffs, Accessories
-
The NYMEX July Natural Gas Futures Contract Closed 25.4 Cents
Jun 16, 2014The NYMEX July natural gas futures contract closed 25.4 cents higher to a $4.762/MMBtu settlement on Thursday after the US Energy Information Administration reported a lower injection to storage inventories than most expected, prompting ...
Tags: Natural Gas, EIA
-
US Natural Gas Demand Could Increase by 3 Bcf/D to 10 Bcf/D by 2020
Jun 4, 2014US natural gas demand could increase by 3 Bcf/d to 10 Bcf/d by 2020 under an expected Environmental Protection Agency plan to reduce carbon dioxide emissions from power plants, analysts said Friday. Using its authority under the Clean Air ...
Tags: Gas Demand, natural gas
-
The NYMEX June Natural Gas Futures Contract Settled 4.6 Cents Higher at $4.405/MMBtu
May 27, 2014The NYMEX June natural gas futures contract settled 4.6 cents higher at $4.405/MMBtu on Friday as the market consolidated ahead of the holiday weekend and eyed forecasts for hotter than normal weather into June. "Despite the short-term ...
Tags: Natural Gas, oil prices
-
Going Long on Lead and Short on Copper Continues to Be a Solid Investment Strategy in 2014
May 19, 2014Going long on lead and short on copper continues to be a solid investment strategy in 2014, particularly as lead tilts toward a supply deficit and copper toward surplus, investment bank BNP Paribas said Thursday. Despite lead's ...
-
The Volume of US Natural Gas Traded During Bidweek Is Poised for Its Fourth Decline
May 6, 2014The volume of US natural gas traded during bidweek is poised for its fourth straight year-on-year decline as banks and other large players pull back from the monthly baseload market, according to a Platts examination of ...
Tags: Natural Gas, physical deals