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T-Systems, IBM to tie up over mainframe services

Note: This section contains information in English only.
Source: Dukascopy Bank SA
IBM and Deutsche Telekom's unit T-Systems are set to team up to provide mainframe services, IBM's spokesman announced on Monday, adding the existing user contracts will not get affected by the tie-up.
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15 Jan 2019

Australia's IOOF delays buyout of ANZ pension buyout

IOOF Holdings, Australia's wealth manager, stated it had delayed the Australia and New Zealand Banking Group's pension assets buyout by no less than three months, after finance sector inquiry hit dealmaking.

15 Jan 2019

Former Stobart CEO takes 12% in Flybe

The ex-Stobart Group's Chief Executive Officer Andrew Tinkler acquired a little over 12% stake in the British carrier Flybe Group, a filing showed Monday with no financial details being disclosed.

15 Jan 2019

Etihad to lift stake in debt-laden Jet Airways

Etihad Airways is planning to raise its stake in the cash-strapped Jet Airways, further sending up the Indian airline's shares, after they surged on the news about its founder and CEO Naresh Goyal resignation.