| 14/05/2018
Oil Review Africa As part of the comprehensive partnership announced in 2017, Total has signed an agreement with Sonatrach to launch the engineering studies for a petrochemical project in Arzew, western Algeria. The project includes a propane dehydrogenation (PDH) unit and a polypropylene production unit with an output capacity of 550,000 tonnes per year.According to […]
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| 11/04/2018
Financial Times Orange has reached a deal with Eutelsat to deliver satellite broadband across Europe, in the latest sign that traditional telecoms carriers are looking to the space sector to expand their reach. The French telecoms group will be a partner on the Paris-based satellite operator’s new Konnect VHTS satellite, which will offer “fibre-like” speeds […]
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Forbes | 04/01/2018
Forbes Uber secured another round of investment to shore up its dwindling balance sheet. Softbank’s tender offer injected $1.25 billion of fresh capital into the company, while giving seed investors who chose to cash out a whopping 360,000% return on their investment. Softbank’s CEO, Masayoshi Son has made a fortune from his prior big bets on Yahoo, […]
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Times of Malta | 04/01/2018
Times of Malta The German government will probably lose a €150 million government-backed loan to insolvent Air Berlin because the European Union opposed Lufthansa’s purchase of Air Berlin’s Austrian unit, Niki, a senior member of Chancellor Angela Merkel’s conservatives said on Sunday. The British Airways owner said on Friday that it would buy Niki for […]
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Reuters | 04/01/2018
REUTERS Marks & Spencer has sold its retail business in Hong Kong and Macau to its franchise partner Al-Futtaim as it retreats from international markets to focus on its core business in Britain, the company said on Tuesday. Al-Futtaim, which already operates 72 M&S stores across 11 markets in Asia and the Middle East, purchased […]
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http://markets.businessinsider.com/news/stocks/Securitas-Strengthens-the-Position-Within-Electronic-Security-in-France-1012405097 | 04/01/2018
Business Insider Securitas has acquired all shares in the electronic security company Automatic Alarm in France. Automatic Alarm is a nation-wide system integrator and installer of electronic security solutions, including intruder systems, video surveillance and access control, with multiyear maintenance contracts. “The acquisition is in line with our Group strategy to integrate electronic security into our […]
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| 05/10/2017
CNBC German industrial group Siemens and French rival Alstom agreed to merge their rail operations, creating a European champion to better withstand the international advance of China’s state-owned CRRC. Siemens will own 50 percent plus a few shares of the joint venture, to be called Siemens Alstom, while Alstom will supply Henri Poupart-Lafarge as chief […]
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| 05/10/2017
BUSINESS INSIDER Google has signed a $1.1 billion cooperation agreement with HTC, the technology company said in a statement on Thursday, after trading of HTC shares were halted on Taiwan’s stock exchange before the announcement. The move, first rumored earlier this month, is the search giant’s latest attempt to juice up its growing hardware division. Click here to […]
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| 05/10/2017
Bloomberg Toshiba Corp.’s board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen ($18 billion), taking an important step toward ending a contentious bidding process that has stretched over eight months. Click here to read full article
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Fashion Network | 19/09/2017
Fashion Network In just a few seasons, Xavier Marie has built up a portfolio of French fashion labels. The founder and former CEO of Maisons du Monde has recently finalised another fashion investment, after acquiring majority stakes in Bonton and in the Rautureau group. According to a press release, Xavier Marie has now bought an […]
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