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Highlights: December 30, 2019 - January 4, 2020

Christian Fernsby ▼ | January 6, 2020
The most interesting business stories that marked last week.
Business trade show
What happened last week  
Millions of desperately hungry Zimbabweans need help

Zimbabwe childrenMillions of Zimbabweans pushed into hunger by prolonged drought and economic crisis face an increasingly desperate situation unless adequate funding for a major relief operation materialises quickly, the United Nations World Food Programme (WFP) has warned....

Topics: Highlights

UK giving 3 billion pounds for farms

UK farmersThe UK Chancellor has confirmed nearly 3 billion pounds of funding for 2020 to support farmers once the UK leaves the EU....

UK clean electricity outstrips fossil fuels in 2019

Clean energy in the UK2019 was the cleanest year on record for Britain as, for the first time, the amount of zero carbon power outstripped that from fossil fuels for a full twelve months....

Iberdrola finalizes largest photovoltaic plant in Europe in record time

Nez de BalboaEurope's biggest photovoltaic plant has been finalized....

Turkey, Indonesia, Hungary want to send their astronauts up with Russia's Roscosmos

Roscosmos Director General Dmitry RogozinIndonesia is in talks with Russia's State Space Corporation Roscosmos on sending its first domestic astronaut to space, Roscosmos Director General Dmitry Rogozin said, Sputnik reports....

Iran only country without foreign debt

Iran peopleMinister of Roads and Urban Development Mohammad Eslami said toda that the Islamic Republic of Iran is the only country in the world without foreign debt as the country's trade balance is now positive and exports have surpassed imports....

Huawei to focus on survival in 2020

Eric XuIn a New Year's message to employees, Huawei's Chairman, Eric Xu said that the company's top priority for 2020 would be survival....

Campbell completes sale of operations to KKR for approximately $2.2 billion

Campbell SoupCampbell Soup Company announced that it has completed the sale of Arnott's and certain of Campbell's International operations to KKR for approximately $2.2 billion in cash, subject to customary adjustments....

Cellnex acquires OMTEL in Portugal for 800 million euros

CellnexCellnex has reached an agreement with Altice Europe and Belmont Infra Holding's, to acquire the 100% of Portuguese telecommunications towers and sites operator OMTEL for an equivalent enterprise value of 800 million euros....

Maxar Technologies to sell MDA to Northern Private Capital for $765 million

Maxar TechnologiesMaxar Technologie announced it has entered into a definitive agreement to sell MDA to a consortium of financial sponsors led by Northern Private Capital (NPC), for CAD$1 billion ($765 million), subject to customary adjustments....


 

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