Egypt approves BP purchase of 25 percent of Nour gas concession

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Source: Dukascopy Bank SA
BP and UAE-based Mubadala Investment are set to purchase stakes in the Nour deepwater gas concession of the northern coast of Sinai after approval by the Egyptian Petroleum Ministry.
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Mon, 10 Dec 2018 05:33:23 GMT

Roche executive O'Day to become new Gilead Sciences CEO

The drugmaker Gilead Sciences is set to appoint Daniel O'Day, the executive of Roche Holding AG, as the company's new CEO with the official announcement expected to be made on Monday.

Mon, 10 Dec 2018 04:23:50 GMT

Interserve negotiates debt conversion to new equity

The UK outsourcing firm Interserve stated that it was in talks with lenders over a plan of debt reduction, which is likely to include converting a significant part of its debt into equity.

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