In a statement on Thursday, Indonesia’s finance minister Sri Mulyani Indrawat said, Jakarta has signed a $1.09 billion (A$1.5 billion) loan agreement with the Australian government. The money will be used to help fight the coronavirus-induced COVID-19 pandemic which emerged… Read More ›
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Swiss freight forwarder DSV A/S to acquire Panalpina for $4.62 billion
The development marks the end of a more than two month takeover battle designed to build scale in the consolidating transport sector. On Monday, Swiss freight forwarder DSV A/S disclosed, it will be acquiring Panalpina in a $4.62 billion (4.6… Read More ›
Swiss financial watchdog raps Credit Suisse for non-compliance to Swiss anti-money laundering processes
FINMA’s investigation has focused on Credit Suisse failing to combat corruption in cases linked to soccer body FIFA and Venezuelan and Brazilian state oil companies. On Monday, Swiss finance industry watchdog FINMA stated, the operations of Swiss multinational investment bank… Read More ›
Elliott can boost Telecom Italia’s shares
Defending its management of Telecom Italia (TIM), Elliott stated TIM’s board has only partially adopted its recommendations. Vivendi, TIM’s top shareholder, and Elliott have fought to control Tim’s board. In the article below, Elliott defends its stands and points out… Read More ›