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EC approves acquisition of Europac by DS Smith
DS SmithThursday November 15, 2018 6:38AM ET
The European Commission (EC) has approved under the EU Merger Regulation the acquisition of Europac by DS Smith, both manufacturers of paper and packaging products.
UK regional airline Flybe up for sale
FlybeThursday November 15, 2018 6:21AM ET
The board of the UK regional airline FlyBe has confirmed that it is: “in discussions with a number of strategic operators about a potential sale of the company.”
Qatar to build solar power plant in Jordan
Qatar ElectricityThursday November 15, 2018 4:22AM ET
Urdu Point reported that construction work for a new solar power plant in Jordan will be launched before the end of this year, said Fahad bin Hamad al-Muhannadi, General Manager and Managing Director of Qatar Electricity and Water Company.
China's UnionPay to enter Ukrainian market
UnionPayThursday November 15, 2018 3:57AM ET
UnionPay International (UPI), a subsidiary of China UnionPay, will enter the Ukrainian market, Ukrainian central bank said in a statement on Tuesday.
Volkswagen to convert three plants to build electric cars
VolkswagenThursday November 15, 2018 3:53AM ET
Volkswagen will convert three German factories to build electric cars, as Europe\'s largest automaker by sales starts mass producing zero-emission vehicles in a major strategy shift following its emissions cheating scandal.
Indian airline Indigo to launch Delhi-Tbilisi flights
IndigoWednesday November 14, 2018 7:57AM ET
The largest Indian low cost airline Indigo will launch flights between India and Georgia starting from February 2019, TAV Georgia, the sole operator of Tbilisi and Batumi International Airports, reported.
Pearson sells Financial Times's headquarters
One SouthwarkWednesday November 14, 2018 7:23AM ET
Pearson said it agreed to sell its property at One Southwark Bridge, currently home to the Financial Times newspaper, to investor M&G Real Estate for GBP115 million.
Smiths Group to spin off healthcare unit after failed merger talks
Smiths GroupWednesday November 14, 2018 6:57AM ET
The board of Smiths Group announced that it intends to separate Smiths Medical from Smiths Group plc.
DP World sets Kigali’s logistics platform in Rwanda
DP WorldWednesday November 14, 2018 6:43AM ET
DP World and the government of Rwanda have setup a state-of-the-art logistics hub, located 20 kilometers from the capital city Kigali, close to the international airport.
Cathay Pacific executives grilled over data breach
Cathay PacificWednesday November 14, 2018 5:56AM ET
Cathay Pacific Airways said on Wednesday it is working with 27 regulators in 15 jurisdictions to investigate a data breach that affected millions of passengers, as Hong Kong lawmakers grilled executives over how it handled the incident.
Pan American Silver to buy Tahoe Resources for $1.07 billion
Pan American SilverWednesday November 14, 2018 5:00AM ET
Pan American Silver Corp. and Tahoe Resources announced that they have entered into a definitive agreement for Pan American to acquire all of the outstanding shares of Tahoe pursuant to a plan of arrangement.
Russian court orders Sheremetyevo customs to return over $2 million to Apple
Sheremetyevo customs serviceWednesday November 14, 2018 3:50AM ET
The Moscow Regional Commercial Court ruled in favor of Apple Rus, the Russian subsidiary of the U.S. corporation, in a dispute over the recovery of more than 147 million rubles ($2.1 million) from the Sheremetyevo customs service, RAPSI learnt in the courtroom on Tuesday.
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