Stockmann plc has agreed on the refinancing of its long-term loans. Bilateral agreements with six banks have been signed for credit facilities of EUR 700 million. The facilities replace the existing loans of EUR 650 million. The new ...
The early morning highlights from the major news organizations examine today's deadline for enrolling for health insurance that would begin Jan. 1, as well as a variety of other health law stories and several articles on mental health ...
Marani Brands executes global branding agreement with Zodiac Brands of New York. Zodiac Brands founder Santiago Ramos will personally head up the branding of Marani Vodka Spirit globally. Zodiac will expose Marani in events with other ...
Tags: Marani Brands, Zodiac Brands
China's Bohai Commodity Exchange, a local government-backed online trading platform for spot commodities, plans to launch cross-border trading in yuan for natural rubber and iron ore. It announced the plans in Hong Kong Tuesday during a ...
Tags: Bohai Exchange, Tianjin, iron ore
A resilient system for data centre power protection and security is critical to business continuity and resilience. That's a given. Although there are various elements to a full turnkey standby power solution including; UPS systems, battery ...
Tags: Data Centres, Standby Power
House of Fraser has declined to comment on reports it is in advanced discussions with French department store group Galeries Lafayette over an acquisition of the UK department store retailer. Two industry sources told Reuters there are ...
Tags: Galeries Lafayette, retailer
Trelleborg AB and Trelleborg Treasury AB have jointly concluded an agreement regarding an extension of their existing syndicated credit facilities established in 20 The extended credit facilities totaling EUR 750 M and USD 625 M, ...
Yesterday, the central bank asked pay agency and other banks can not provide the currency payment and settlement services for bitcoin. This news was confirmed. Market analysts believe that the bitcoin will be out of China market in the ...
On December 7, Baosteel Co., Ltd made an announcement, announcing it successfully issued $500 million foreign bonds. The issuance of dollar bonds was the first time for Baosteel Co., Ltd to use a wholly owned overseas subsidiary Bao-Trans ...
Tags: Metallurgy, Mineral, Steel
Henkel successfully completed the refinancing and amendment of two credit facilities with a total amount of 1,500 million euros. The transaction includes the replacement of the company's 700 million euros revolving credit facility with a ...
Tags: Henkel, refinancing, credit facilities
The North American Crop Protection Division of BASF announced today that the company will make an end-of-year donation of $50,000 to hunger relief programs. The donation is split between a $25,000 gift to the Food Bank of Central & Eastern ...
Tags: hunger relief, food
China's yuan has overtaken the euro to become the second most-used currency in international trade finance. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) said the market share of the yuan, also known as the ...
Taiwan's first yuan debt offerings by four big mainland banks have been snapped up, opening the floodgates for up to 60 billion yuan (HK$76.5 billion) of fundraising as Beijing looks to strengthen the island's role in the drive to ...
Tags: Taiwan, RMB, Offshore Yuan Market
IDC has released its predictions for the IT industry in 2014, and said it believes that Middle East spending will exceed $32 billion in the coming year. It predicts that the region will make a 7.3 percent year-on-year growth, one of the ...
Tags: It Predictions, Computer
Bangladeshi apparel firm Standard Group has secured US$ 50 million low-coast loan from the Bangladesh Bank (BB) and other commercial banks in order to resume production at its fire-ravaged factory. The decision was announced by BB ...
Tags: Fire-Stricken, Apparel