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Booz Allen Hamilton gets $178m for GPS from U.S. Navy

January 24, 2020
The U.S. Navy's Naval Information Warfare Center (NIWC Pacific), in partnership with the U.S. Air Force Space and Missile Systems Center (SMC), has awarded Booz Allen Hamilton a $178 million contract to provide technical engineering services toward the modernization of advanced Global Positioning System (GPS) systems.

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ZF and WABCO to divest WABCO's steering components business to proceed with merger

Huawei CFO Meng Wanzhou fights extradition to U.S.


Helen of Troy completes $255 million acquisition of Drybar

January 24, 2020
Helen of Troy announced the successful completion of its previously-announced acquisition of Drybar Products, for approximately $255 million in cash, subject to certain customary closing adjustments.

Italy watchdog launches proceedings against Facebook

January 24, 2020
Italy’s competition watchdog has launched proceedings against Facebook for non-compliance with a previous request it had made regarding improper commercial practices in the group’s treatment of user data, the agency said today.

Huawei CFO Meng Wanzhou fights extradition to U.S.

January 24, 2020
Four days of hearings have ended in Canada on the U.S. request to extradite Huawei CFO Meng Wanzhou for alleged fraud and sanctions violations. Lawyers involved expect a ruling in the case by 27 April, Reuters reports.

Polish Aviation Group acquires Thomas Cook subsidiary Condor

January 24, 2020
The owner of LOT Polish Airlines has agreed to purchase former Thomas Cook Group subsidiary Condor.

Suzuki Motor must respond to Dutch emissions probe by mid-February

January 24, 2020
Suzuki Motor is co operating with the Dutch authorities over their findings its diesel vehicles had broken the country's emissions rules, and it is required to respond to the investigation by mid-February, it said today.

Barrick back in business in Tanzania

January 24, 2020
Barrick Gold Corporation says it has made significant progress in reshaping the Tanzanian operations it consolidated through the takeover of Acacia Mining in September last year in order to create a sustainable business capable of long-term value creation for its stakeholders.

British Steel Jingye deal could mean 500 job cuts, say union

January 24, 2020
Up to 500 jobs could be lost at British Steel if the sale of the business goes ahead, unions have said.

Semco to prepare West Bollsta rig for Norway

January 24, 2020
Semco Maritime has been awarded a contract by Seadrill Limited for preparation and modification of the West Bollsta prior to commencing her 10 well contract with Lundin Norway on Norwegian Continental Shelf in Q2 2020.

ZF and WABCO to divest WABCO's steering components business to proceed with merger

January 24, 2020
The Department of Justice announced that it is requiring ZF Friedrichshafen and WABCO Holdings to divest WABCO’s North American steering components business, R.H. Sheppard, as well as other related WABCO assets, in order for ZF to proceed with its proposed acquisition of WABCO.
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