Author Archives
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COVID-19 vaccination could start from year end: Macron
In a significant development, French President Emmanuel Macron stated, France could potentially commence administration a COVID-19 vaccine as early as the end of this year, as soon as it is approved by regulators. “We are going to organise a swift… Read More ›
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Swiss specialty chemicals giant Clariant AG cuts 1,000 jobs midst divestments
On Wednesday, Swiss speciality chemicals giant Clariant AG stated, it plans on cutting nearly 1,000 jobs as it tappers down midst a series of divestments. “The rightsizing program foresees a reduction of approximately 1,000 positions in service and regional structures…. Read More ›
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German exchange operator Deutsche Boerse toughen membership criteria, expand index to 40 companies
On Tuesday, in a statement German exchange operator Deutsche Boerse said, its blue-chip DAX index will expand from the current 30 companies to 40 and will include tougher membership criteria. The development comes in the wake of the Wirecard accounting… Read More ›
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NATO, EU invites U.S. President-elect Joe Biden to rebuild transatlantic ties
In a significant development, top officials from the European Union as well as the head of NATO invited U.S. President-elect Joe Biden to rebuild transatlantic ties. Washington is set to meet its European allies in 2021. NATO Secretary General Jens… Read More ›
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BlackRock Inc to acquire Aperio Group LLC for $1.05 billion
In a statement, BlackRock Inc, the world’s biggest asset manager said, it will acquire investment management services provider Aperio Group LLC from private equity firm Golden Gate Capital and Aperio employees for $1.05 billion. It expects the cash deal to… Read More ›
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Willie Walsh to head global airline body IATA
With IAG CEO Alexandre de Juniac set to step down in March 2020, , IATA has picked Willie Walsh to become its Director General, said the global airline body in a statement. De Juniac, a former Air France-KLM CEO who… Read More ›
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BlackStone aiming to raise $5 billion for second Asia-focused private equity fund
Bloomberg News has reported citing sources familiar with the matter at hand as saying, Blackstone Group Inc is aiming to raise $5 billion for its second Asia-focused private equity fund. Blackstone aims to use this second Asia-focused private equity fund… Read More ›
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Germany could start administration COVID-19 vaccines in December: Health Minister Jens Spahn
In a statement, German Health Minister Jens Spahn said, Germany could start administering COVID-19 vaccines as early as December 2020. “There is reason to be optimistic that there will be approval for a vaccine in Europe this year,” said Spahn… Read More ›
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COVID-19 casting a shadow on Britain’s urgent need for FTA with EU: Rishi Sunak
During an interview to the BBC’s Andrew Marr, British Finance Minister Rishi Sunak said, the UK wants to strike a free-trade agreement with the European Union; but in near-term perspective, the concern is overshadowed by the COVID-19 pandemic. When asked… Read More ›
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Brazilian Health Ministry signs non-binding letter-of-intent to buy COVID-19 vaccines from 5 companies
In a statement, Brazil’s health ministry said, it will be signing a non-binding letters of intent to buy coronavirus vaccines from four companies as well as from Russia’s sovereign wealth fund; these purchases will be subject to the approval of… Read More ›
