Recent Posts - page 423

• Avangrid acquires U.S. utility PNM Resources for $4.3 billion

  By admin1 on October 21, 2020 • ( 0 )

  

  On Wednesday, the U.S. unit of Iberdrola, a Spanish renewable energy group said, it has agreed to acquire U.S. utility PNM Resources for nearly $4.3 billion, In a regulatory filing Avangrid said, PNM’s board has unanimously approved the cash offer to its… Read More ›

• Berkshire Hathaway Inc pays $4.14M to settle non-compliance to U.S. sanctions against Iran

  By admin1 on October 21, 2020 • ( 0 )

  

  In a statement the U.S. Treasury Department said, Berkshire Hathaway Inc had agreed to pay a sum of $4.14 million to settle civil allegations that its Turkish subsidiary had made “egregious” violations and was non-compliant with U.S. sanctions against Iran…. Read More ›

• Britain-U.S. trade negotiations intensify ahead of critical U.S. Presidential elections

  By admin1 on October 21, 2020 • ( 0 )

  

  In a significant development, British trade minister Liz Truss said, Britain and the United States are intensifying trade negotiation. The announcement comes ahead of the start of the fifth round of negotiations focused on goods tariffs. Britain has placed a… Read More ›

• Washington starts anti-dumping probe on aluminium foil from Armenia, Oman, Brazil, Turkey and Russia

  By admin1 on October 21, 2020 • ( 0 )

  

  In a statement, the U.S. Department of Commerce stated, it will commence investigation into the import of  aluminum foil from countries incluing Armenia, Oman, Brazil, Turkey and Russia, for potential dumping or unfair subsidies. It went on to add, the… Read More ›

• U.S. automakers preparing for potential Biden win

  By admin1 on October 21, 2020 • ( 0 )

  

  Automakers are gearing up for tough new vehicle emissions rules and policies favoring electric vehicles if Democratic presidential candidate Joe Biden wins the White House. Both, U.S. President Donald Trump and Biden need the votes of auto workers in Midwestern… Read More ›

• Hong Kong’s Cathay Pacific cuts 18% of workforce midst coronavirus pandemic

  By admin1 on October 20, 2020 • ( 0 )

  

  According to a report from the South China Morning Post on Tuesday, Hong Kong’s Cathay Pacific Airways Ltd stated it will cut 18% of its worforce, which amounts to 6,000 jobs, to help it weather the coronavirus-induced COVID-19 pandemic. Earlier this… Read More ›

• First ever visit by UAE delegation led by economy minister to normalise relations with Israell

  By admin1 on October 20, 2020 • ( 0 )

  

  On Tuesday, following a U.S. brokered agreement, the first ever official delegation from the United Arab Emirates left for Israel with the two countries looking to broaden ties and normalise relations. According to Israeli officials, the visit will be largely… Read More ›

• China’s Didi Chuxing considering Hong Kong IPO in 2021, targets valuation above $60 billion

  By admin1 on October 20, 2020 • ( 0 )

  

  Chinese ride-hailing giant Didi Chuxing is weighing an option for a multibillion-dollar initial public offering in Hong Kong in 2021, said sources with knowledge of the matter at hand. Earlier Didi Chuxing had aimed for a listing in New York…. Read More ›

• ConocoPhillips To Acquire US’s Shale Producer Concho Resources For $9.7 Billion

  By admin2 on October 19, 2020 • ( 0 )

  

  Even as the global price for fuel continues to be very low, the process of consolidation in the energy sector continued with ConocoPhillips agreeing on Monday to acquire the United States based shale oil producer Concho Resources in a deal… Read More ›

• UK Firms Told To Prepare For No-Deal Brexit As ‘Time Is Running Out’

  By admin2 on October 19, 2020 • ( 0 )

  

  Business in the United Kingdom are being asked to put in pace preparations for a no deal Brexit after the transition period ends at the end of the current year as a campaign to this effect says that “time is… Read More ›

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