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Fiserv to buy First Data Corporation in $22 billion stock deal
First Data CorporationWednesday January 16, 2019 8:31AM ET
Fiserv and First Data Corporation announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will acquire First Data in an all-stock transaction.
Equinor, Shell and Total get permit for Norwegian CO2 storage
EquinorWednesday January 16, 2019 6:44AM ET
The authorities have granted Equinor a permit to exploit an area for CO2 storage on the Norwegian Shelf.
Ineos to build €3 billion plant in Belgium
IneosWednesday January 16, 2019 6:35AM ET
Ineos has announced that Antwerp, Belgium will be the location for its multi-billion Euro project for an ethane gas cracker and world-scale PDH unit in Europe.
Volkswagen and Ford launch global alliance
Herbert Diess and Jim HackettWednesday January 16, 2019 6:07AM ET
Volkswagen AG and Ford Motor Company announced the first formal agreements in a broad alliance that positions the companies to boost competitiveness and better serve customers in an era of rapid change in the industry.
Wabtec and GE Transportation expect to merge in first quarter
GE TransportationWednesday January 16, 2019 5:42AM ET
Wabtec Corporation and General Electric Company announced that the U.S. Department of Justice (DOJ) has closed its review of the pending merger of Wabtec and GE Transportation, a business unit of GE.
Alstom train makes first run in Dakar
Alstom trainWednesday January 16, 2019 5:30AM ET
Alstom and APIX, the agency responsible for the promotion of investment and major works celebrated in Dakar the first voyage of the Coradia Polyvalent train for Senegal.
Finland's Kemira forms joint venture in South Korea
KemiraWednesday January 16, 2019 5:03AM ET
Kemira has signed an agreement to establish a joint venture , Kemira Yongsan Chemicals Co., Republic of Korea, with Yongsan Chemicals, a privately-owned chemicals company in South Korea.
Apricus Biosciences stockholders approve proposed merger with Seelos Therapeutics
Apricus BiosciencesWednesday January 16, 2019 2:54AM ET
Apricus Biosciences has reported that it obtained stockholder approval as required pursuant to the terms of the merger agreement with Seelos Therapeutics, Inc. and the related securities purchase agreement with selected investors or necessary under Nevada law, in order to complete the merger, the financing and related matters.
Marks & Spencer to cut 1,000 jobs as it closes more stores
Marks & SpencerTuesday January 15, 2019 8:47AM ET
Marks & Spencer Group announced the latest round of store closures as part of its transformation program and said that over 1,000 positions will be cut.
Nokia to shed 350 jobs in Finland
NokiaTuesday January 15, 2019 7:51AM ET
Nokia is cutting 350 jobs in Finland as part of its plans to find savings worth 700 million euros ($800 million) by next year.
Surprising announcement: Lindt says demand for chocolate fades
Lindt & SpruengliTuesday January 15, 2019 7:03AM ET
Lindt & Spruengli trimmed its mid- to long-term sales guidance in a highly unusual move for the company, saying the environment remained tough.
Sibanye-Stillwater has contingency plans for 12,500 workers strike
Sibanye-StillwaterTuesday January 15, 2019 6:50AM ET
Sibanye-Stillwater has contingency plans in place to minimize the possible impact of a strike at its South African operations.
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