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• Domino’s Pizza to exit from 4 international markets citing mounting losses

  By admin1 on October 17, 2019 • ( 0 )

  

  Sales in international markets have been down despite a turnaround plan. The decision to quit from these markets comes in the wake of the company announcing the retirement of its CEO Wild. On Thursday, Britain’s biggest pizza delivery company Domino’s… Read More ›

• Weak consumption in China and India take a toll on Unilever’s sales during third quarter

  By admin1 on October 17, 2019 • ( 0 )

  

  60% of Unilever’s turnover come from emerging markets. Citing soft demand in two of its growth markets, China and India, consumer goods giant Unilever said its third quarter sales were weaker than expected, Emerging markets account for 60% of its… Read More ›

• Qatar Airways ready to convert 10 orders from Boeing 777-8 to 777-9 based on its performance

  By admin1 on October 17, 2019 • ( 0 )

  

  Qatar Airways and Emirates are the only customers with firm orders for Boeing’s 777-8 model; its date of entry into service will partly depend on customer demand. On Thursday, according to a statement from the chief executive of Qatar Airways,… Read More ›

• Bulgaria readu to double subsidies for Volkswagen’s new auto plant : Bulgarian Automotive Cluster

  By admin1 on October 17, 2019 • ( 0 )

  

  Romania has also initiated talks to lobby for the investment. Turkey’s military offensive in Syria is taking a toll on its economy: Bulgaria said, it is ready to offer more incentives to Volkswagen for it to build a new plant… Read More ›

• Airbus sells 10 A321 neo jets to Chilean budget carrier Sky Airline

  By admin1 on October 17, 2019 • ( 0 )

  The deal is worth nearly $1.3 billion at list prices. According to two industry sources, Airbus has sold ten A321neo aircraft to Sky Airline, a Chilean budget carrier. The scope of the deal was included in a monthly Airbus order… Read More ›

• Citigroup names Peter Babej as its Asia Pacific CEO

  By admin1 on October 17, 2019 • ( 0 )

  

  Babej joined Citi in 2010 as its co-head having previously worked at investment bank Lazard and Deutsche Bank. On Thursday, in an internal memo Citigroup Inc stated, it has named Peter Babej, who currently is its current global head, as… Read More ›

• Barneys New York Inc to sell assets to investment bank B. Riley Financial Inc and Authentic Brands Group for $271 million

  By admin1 on October 17, 2019 • ( 0 )

  

  The deal comes midst a stalking horse purchase agreement. In securities filing, Barneys New York Inc, a U.S. luxury department-store chain, stated it has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank… Read More ›

• Brazillian power firm Centrais Eletricas Brasileiras SA to issue new follow-on share offering worth $2.42 billion

  By admin1 on October 15, 2019 • ( 0 )

  

  The proceeds will be used to reduce the company’s debt load and help execute its five-year strategic plan. In a securities filing, Brazil’s state-run power firm stated, its board of directors has approved an extraordinary shareholders meeting to decide upon… Read More ›

• EU eyeing emergency summit for Brexit deal: BBC

  By admin1 on October 15, 2019 • ( 0 )

  

  It is to be seen whether this new emergency summit can lead to a breakthrough. British Prime Minister Boris Johnson’s complicated plan of placing Northern Ireland in a dual customs zone with the UK and EU will require major updates… Read More ›

• WeWorks prefers JPMorgan’s financing package over SoftBank Group Corp’s controlling stake

  By admin1 on October 15, 2019 • ( 0 )

  

  Office sharing startup may opt for JPMorgan’s financing package over Japan’s SoftBank Group Corp’s offer which comes with more strings attached. According to a report from Bloomberg, WeWork prefers the option of a near $5 billion financing package led by… Read More ›