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UK antitrust body approves Arçelik’s European deal with Whirlpool

An Arçelik home appliances showroom in Istanbul, Türkiye, June 6, 2020. (Shutterstock Photo)

UK antitrust body approves Arçelik’s European deal with Whirlpool

By admin on February 14, 2024

Britain’s antitrust regulator tentatively approved the proposed acquisition by Arçelik, a Turkish company specializing in domestic appliances, of Whirlpool’s appliances division in Europe on Thursday.…

UBS to absorb Credit Suisse’s domestic unit, aims for $10B in cost cuts

A sign of Swiss giant banking UBS is seen above a sign of Credit Suisse in Zurich, Switzerland, Aug. 30, 2023. (AFP Photo)

UBS to absorb Credit Suisse’s domestic unit, aims for $10B in cost cuts

By admin on August 31, 2023

Banking giant UBS Group announced Thursday it would fully absorb the domestic unit of its longtime rival Credit Suisse into its operations, without spelling out…

French giant TotalEnergies buys 50% stake in Türkiye’s Rönesans Enerji

Rönesans Holding Chair Erman Ilıcak (L) and Stephane Michel, president of Natural Gas, Energy and Renewable Energy at TotalEnergies, shake hands after signing a partnership agreement, in Istanbul, Türkiye, July 21, 2023. (Courtesy of Rönesans Holding)

French giant TotalEnergies buys 50% stake in Türkiye’s Rönesans Enerji

By admin on July 22, 2023

French oil and gas company TotalEnergies and one of Türkiye’s top conglomerates Rönesans Holding on Friday announced a major partnership aimed at expanding renewable power…

Biotech giant Illumina fined $475M over Grail deal without EU approval

The offices of gene sequencing company Illumina Inc in San Diego, California January 11, 2016. (Reuters Photo)

Biotech giant Illumina fined $475M over Grail deal without EU approval

By admin on July 18, 2023

The U.S. biotech giant Illumina has been slapped with a $475 million fine for buying cancer-screening company Grail without regulators’ approval, the European Union said…

Posts tagged as “acquisition”

UK antitrust body approves Arçelik’s European deal with Whirlpool

UBS to absorb Credit Suisse’s domestic unit, aims for $10B in cost cuts

French giant TotalEnergies buys 50% stake in Türkiye’s Rönesans Enerji

Biotech giant Illumina fined $475M over Grail deal without EU approval

The woman had applied to be kindergarten teacher and was rejected because of her headscarf.

The president admitted that during the demonstrations, protesters not only objected to the reform plan but also to their living standards and soaring prices.

Controversial bill that would eliminate "special protection" residency permits for migrants who don't qualify for asylum, but who face humanitarian risks back home, passes government.

5 cubic kilometres (1.2 cubic miles) of ice melted in the Alps, Copernicus says in its European State of the Climate Report 2022.

The Russia-Ukraine conflict is now on its 421st day.

Rail workers' union says it needs to step up pressure on employers as it seeks inflation-busting pay raise.

Resignation follows findings into eight formal complaints that the deputy leader and justice secretary had been abusive toward staff members during a previous stint in that office and while serving as Britain's foreign secretary and Brexit secretary.

Accidentally released from a Su-34 bomber of the Russian air force, the bomb left a 20-metre-wide crater in the middle of a boulevard flanked by apartments, injuring two.

In March, Pristina and Belgrade verbally agreed to implement a Western-backed plan to improve ties and defuse tensions in northern Kosovo by offering more autonomy to local Serbs.

International students from Syria and Ukraine also came under a barrage of insults by the German language teacher at a school in the Austrian capital.

The Russia-Ukraine conflict is now on its 422nd day.

Drop in precipitation has led to the steady retreat of the lake's water, which in some places has receded by up to three kilometers putting the species that depend on it and another nearby body of water at risk.

The Russia-Ukraine conflict is now on its 423rd day.

The report suggests the overall death tolls for the continent could be higher as it did not cover major industrial nations of Russia, Ukraine and the United Kingdom.

"Some want my legitimacy to be tested ... . Let's have a referendum," says Aleksandar Vucic.

Europe's biggest economy has seen some of the most disruptive strikes in decades this year as unions press for higher wages to offset the surging cost of living.

Tomorrows session in Moscow aims to help bring peace in region, says Turkish national defence minister

The Russia-Ukraine conflict is now on its 426th day.

British Foreign Secretary James Cleverly announces travel ban and assets freeze on four individuals and Iran's Islamic Revolutionary Guard Corps "in its entirety".

The Russia-Ukraine conflict is now in its 420th day.

With the adoption of new legislation, cocoa, coffee, palm oil and soya exporters must prove their products do not contribute to deforestation.

Church bells and sirens will sound in honour of those killed during the month-long revolt in 1943, which was the largest single act of Jewish resistance against the Germans during World War II.

The Russia-Ukraine conflict is now in its 419th day.

The Russia-Ukraine conflict is now on its 417th day.

The unions are demanding an increase in real wages this year after two years of consumer prices rising faster than nominal wages, citing healthy profits in Norwegian industries.