Russia's state-owned Rosneft has signed two loan agreements with a group of international banks for a total of $16.8 billion to finance acquisition of BP's 50% stake in Anglo-Russian TNK-BP, the company said Monday. "Pursuant to these ...
Metinvest BV the parent company of the international vertically integrated steel and mining group of companies announced that its subsidiary, Metinvest Trametal SpA had repaid ahead of schedule the remaining EUR 107.5 million of a 7 year ...
Tags: Metinvest BV, steel, mining, purchase, fixed assets, shares
Business consultancy Deloitte is using cloud-based IT service management (ITSM) from ServiceNow to support 13,000 employees in the UK and Switzerland. ServiceNow is a cloud-based service that automates IT support. Customers pay an annual ...
Tags: Deloitte, IT service management, IT support, IT industry
MENA reported that the Egyptian Stock Exchange rose on December 20th Thursday after the announcement of positive news related to the economy. This, combined with a brief period of political calm in between the two rounds of voting in the ...
Tags: Egypt, Stock Exchange, optimism, investor
The extension of the Solvency II compliance deadline from November of this year to January 2014 can be seen as both reassuring and concerning from a data management perspective. The European Union directive, aimed at regulating insurance ...
Tags: Solvency II, data management, European Union directive, insurance firms
In recent weeks Pfleiderer has managed to substantiate the selling process, already prepared for a period of several months, for the European and North American laminate flooring activities which are consolidated in Pergo. At the end of ...
Tags: laminate flooring, Pfleiderer, the French commercial bank BNP Paribas
Taipei,Oct.17,2012(CENS)--After the absence of new issuance for two years,a new product will hit the global-board bond market,as BNP Paribas will float 200 million Australian dollars of corporate bond,with interest rate topping 4%.Since the ...
The facility, initially planned for an amount of Euro 1 billion, was significantly oversubscribed with bank commitments reaching in excess of Euro 2.2 billion. This enabled Saint-Gobain to increase the size of the facility to Euro 1.5 ...
Tags: credit facility, construction markets, building materials
Former Lactalis boss Michel Léonard has been appointed CEO of Groupe Doux, the French poultry processor that went into receivership earlier this month. Léonard, who was Lactalis president for nine years until 2009, takes the ...
Tags: Doux, CEO, receivership
Reuters reported that Abu Dhabi National Energy Company has hired 5 banks to arrange investor meetings ahead of a potential benchmark size bond sale. TAQA, in which the Abu Dhabi government owns a majority stake, picked BNP Paribas, ...
Tags: TAQA, Abu Dhabi National Energy, BNP
French poultry firm Doux,which entered into administration earlier this month,is looking for buyers who would be able to acquire the entire business. Judicial administrator Regis Vaillot said that the administrators wanted to avoid a ...
Market Watch reported that BNP Paribas cut it outlook on base metal prices for next year but reiterated its view that demand for the metals should grow in 2013 as the global economic outlook brightens. The bank cut its 2013 copper ...
Tags: BNP Paribas, base metal price, metal price, metal demand
Taipei, Oct. 25, 2012 (CENS)--In order to revitalize the international-board bond market, the GreTai Securities Market (the over-the-counter market) has proposed to the Financial Supervisory Commission (FSC) allowing simultaneous listing of ...
Tags: bond market, GreTai Securities Market, FSC, ECB
In 2011 Swedish export to Indonesia rose with 30 percent to more than SEK 5 billion. It is mainly telecommunication equipment, paper and pulp, machinery for pulp, machinery for metal industry, agricultural machinery and trucks that drives ...
Tags: market view, agricultural machinery, trucks
British banking and financial services company Barclays may acquire 70%stake in the French poultry firm Doux,a move that could keep the debt-ridden company afloat and protect nearly 3,400 jobs. Doux,which entered into administration in ...