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Highlights: February 3, 2019 - February 7, 2020

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Christian Fernsby ▼ | February 10, 2020
the most interesting business stories that marked last week.
highlights
What happened last week  
Pakistan's inflation rate jumps to record 14.6 percent

Pakistan streetPakistani consumer price inflation rose to 14.56% in January, news agency Reuters report said quoting the statistics bureau on Saturday....

Topics: Highlights

Julius Baer net profit fell 37%, will cut 300 jobs

Julius BaerJulius Baer will cut 300 jobs this year as the Swiss wealth manager looks to boost profitability after a double-digit percentage earnings fall during 2019....

Pacific Premier Bancorp to acquire Opus Bank, create $20 billion franchise

Pacific Premier BancorpPacific Premier Bancorp, the holding company of Pacific Premier Bank, and Opus Bank today announced they have entered into a definitive agreement....

Uganda: Government declares outbreak of sweet potato butterfly

Sweet potato butterflyThe Ugandan Ministry of Agriculture has declared an outbreak of sweet potato butterfly in the Busoga, Bugisu and Bukedi sub regions in Eastern Uganda....

Telefonica Deutschland secures 450 million loan for 5G network

TelefonicaTelefonica Deutschland announced today that it has secured a loan from the European Investment Bank or EIB of 450 million euros....

Ford Q4 net loss $1.7 billion

FordFord Motor Company announced its fourth quarter 2019 financial results....

General Motors Q4 revenue down 19.7%

General MotorsGeneral Motors reported fourth quarter revenue was $30.8 billion, down 19.7% from previous year....

Nokia Q4 operating profit surged 45 percent

NokiaNokia today reported a profit for the fourth quarter that more than doubled to 563 million euros from 203 million euros in the previous year quarter....

Unisys to sell U.S. Federal Business to SAIC for $1.2 billion

UnisysUnisys Corporation today entered into a definitive agreement to sell the company's U.S. Federal business to Science Applications International Corp. (SAIC) for $1.2 billion....

Advent International to buy Forescout in $1.9 billion transaction

ForescoutForescout Technologies yesterday announced that it has entered into a definitive agreement under which Advent International will acquire all outstanding shares of Forescout common stock for $33.00 per share in an all cash transaction valued at $1.9 billion....

UK tuition cost highest among world's most influential countries

UK schoolData calculated by Learnbonds.com shows that the United Kingdom has the highest tuition fees among the top ten world's most influential countries at $13,900 per year....

U.S. housing supply reaches new low

U.S. homeNational housing inventory declined 13.6 percent in January, the steepest year-over-year decrease in more than 4 years....

Well, that's generous: $113.1bn worth General Electric to support 10 African students. Ten

General ElectricGeneral Electric and the Africa Leadership University (ALU) have announced the kick-off of the 3rd cohort of the Africa Industrial Internet Programme (AIIP)....


 

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