News

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Sat, 06 Oct 2018 06:39:56 GMT

Civitas Solutions considers potential sale

The home healthcare provider Civitas Solutions is thinking over a potential sale, according to sources.

Sat, 06 Oct 2018 06:38:23 GMT

Mediaset, F2i finalise EI Towers acquisition

The infrastructure fund F2i and Italy's broadcaster Mediaset have successfully completed their buyout of EI Towers, the Italian masts group.

Sat, 06 Oct 2018 05:39:47 GMT

Saudi Crown Prince: NEOM zone to be completed by 2025

On Friday, the Crown Prince of Saudi Arabia Mohammed bin Salman claimed that $500B special business zone NEOM will be fully completed by 2025.

Sat, 06 Oct 2018 05:36:49 GMT

US Pompeo arrives in Tokyo for negotiations

On Saturday, the US Secretary of State Mike Pompeo arrived in Tokyo for negotiations with the Prime Minister of Japan Shinzo Abe and other Asian leaders regarding the denuclearisation of North Korea.

Sat, 06 Oct 2018 02:55:37 GMT

Saudi's Crown Prince: country's wealth fund to surpass $600B by 2020

On Friday, the Crown Prince of Saudi Arabia Mohammed bin Salman claimed that the sovereign wealth fund of Saudi Arabia will surpass the $600B target by 2020.

Sat, 06 Oct 2018 02:50:13 GMT

Danske shares slide to 4-year low due to US criminal inquiry

On Friday, the market shares of Danish Danske Bank falled to the 4-year low after an inquiry of the US criminal authorities regarding money laundering in the Estonian branch of the bank.

Sat, 06 Oct 2018 02:38:40 GMT

US Pompeo: China is part of solution to North Korean crisis

On Friday, the US Secretary of State Mike Pompeo claimed that China is the part of the solution which would help to resolve North Korean crisis, underlining that trade tensions between the US and China would not harm talks with North Korea.

Sat, 06 Oct 2018 02:33:37 GMT

Danske Bank CFO: US authorities inquiry is different from ABLV case

On Friday, the Chief Financial Officer of Danske Bank Morten Mosegaard claimed that inquiry from the US authorities regarding money laundering in the bank differs from the Latvian ABLV bank case.

Fri, 05 Oct 2018 20:30:04 GMT

RBI keeps repo rate at 6.5%

The Reserve Bank of India, India's central banking institution, kept the repo rate unchanged at 6.5% on Friday.

Fri, 05 Oct 2018 20:27:30 GMT

Juncker wants to reach Brexit deal in November

The European Commission President Jean-Claude Juncker expects the European Council to make a significant progress on the Brexit deal in November.

Fri, 05 Oct 2018 19:57:19 GMT

Ethiopia to begin construction of industrial parks

Ethiopia plans to begin construction of three industrial parks located in the eastern part of the country in 2018, an Ethiopian official says.

Fri, 05 Oct 2018 19:56:22 GMT

France's trade gap widens to $6.44B

The French trade gap widened to $6.44B in August compared to $3.91B a month earlier as energy imports increased and exports of aerospace products declined, customs figures show.

Fri, 05 Oct 2018 19:33:31 GMT

German industrial orders increase in August

New orders in Germany's manufacturing sector increased by 2% in August compared to the previous month, the Federal Statistical Office Destatis reports.

Fri, 05 Oct 2018 19:32:41 GMT

ExxonMobil-Qatar Petroleum consortium to drill for natural gas in Cyprus

The ExxonMobil and Qatar Petroleum consortium to start drilling for natural gas in Cyprus' exclusive economic zone, the Energy Minister Yiorgos Lakkotrypis says.

Fri, 05 Oct 2018 18:26:04 GMT

Bulgarian PM, Ukrainian president discuss cooperation

The Bulgarian Prime Minister Boyko Borissov and the Ukrainian President Petro Poroshenko discussed cooperation between the countries on Friday.

Fri, 05 Oct 2018 18:24:09 GMT

Canada reports trade surplus, first since December 2016

Canada had a trade surplus of $406.5M in August, the first surplus since December 2016, the Statistics Canada reports.

Fri, 05 Oct 2018 17:26:47 GMT

German engineering orders increase

Germany's engineering companies experience an increase in new orders in August, a report by the German Mechanical and Plant Engineering Federation shows.

Fri, 05 Oct 2018 17:26:03 GMT

Merkel: Iran should not get nuclear weapons

Germany and Israel agree that Iran should not get nuclear weapons, the German Chancellor Angela Merkel says during a visit to Jerusalem.

Fri, 05 Oct 2018 16:22:11 GMT

Nigeria, Pakistan agree to enhance military cooperation

Nigeria and Pakistan agreed to enhance military cooperation in the areas of training, intelligence, communication and logistics, the Nigerian army chief Tukur Buratai says.

Fri, 05 Oct 2018 16:21:37 GMT

Italy: delays in sustainable development

Italy may not be heading towards the sustainable development agreed in the 2030 Agenda for Sustainable Development, the Alliance for Sustainable Development reports.

Fri, 05 Oct 2018 14:39:12 GMT

Italy's Salini considers potential Astaldi deal

The Italian construction group Salini Impregilo is in task with Vitale & Co advisers and BoA Merrill Lynch over a potential partial or full takeover of the struggling builder Astaldi.

Fri, 05 Oct 2018 13:51:14 GMT

Mattress Firm officially announces Chapter 11 bankruptcy

On Friday, Steinhoff's US arm Mattress Firm has officially filed for the Chapter 11 bankruptcy protection, seeking to strengthen the company's balance sheet.

Fri, 05 Oct 2018 13:39:41 GMT

Germany's Exyte postpones IPO plans

Exyte, Germany's chip plant builder, has postponed its initial public offering plans later this month, as investors gave a muted feedback.

Fri, 05 Oct 2018 11:58:21 GMT

Precision Drilling to acquire Trinidad Drilling for C$1.03B

On Friday, Canada's Precision Drilling announced it would acquire its smaller competitor Trinidad Drilling in a deal worth C$1.03, beating the Ensign Energy Services' hostile bid for the firm.

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