RSS   Newsletter   Contact   Advertise with us

Highlights: August 24, 2020 - August 27, 2020

Christian Fernsby ▼ | August 31, 2020
Stories that marked last week.
Business people
Takeda to sell $2.29 billion Japan consumer health unit valued to Blackstone

Takeda PharmaceuticalTakeda Pharmaceutical said on Monday it has agreed to sell its Japanese consumer healthcare business to U.S. investment fund Blackstone Group....

Commission proposes 81.4 billion euros in support for 15 Member States under SURE

European CommissionThe European Commission has presented proposals to the Council for decisions to grant financial support of 81.4 billion euros to 15 Member States under the SURE instrument....

Aveva Group to buy OSIsoft for $5 billion, including debt

Aveva GroupAveva Group said on Tuesday that it reached a deal to buy OSIsoft, a privately held maker of industrial software used to manage plants and factories, for an enterprise value of $5 billion....

Qantas to axe 2,500 more jobs

QantasQantas announced plans Tuesday to cut almost 2,500 more jobs, just days after posting a huge annual loss as it reels from a collapse in demand caused by the coronavirus....

Finnair looks to cut 1,000 jobs

FinnairFinnair revealed that it is beginning negotiations on plans to reduce its employee count by 1,000....

Virginia: Torc Robotics to expand in Montgomery County, creating 350 new jobs

Torc RoboticsGovernor Ralph Northam announced that Torc Robotics will invest $8.5 million to expand its software development operations in Montgomery County. ...

DURA Automotive Systems to produce EV battery trays in Alabama facility, creating 279 jobs

DURA Automotive SystemsGovernor Kay Ivey announced that Michigan-based DURA Automotive Systems plans to invest $59 million to open a manufacturing facility in Muscle Shoals that will produce battery trays for electric vehicles....

Carrefour to buy 172 stores in Spain

CarrefourCarrefour has reached an agreement to acquire 172 stores under the Supersol banner in Spain, thereby strengthening its number two position in the country....


 

MORE INSIDE POST