Highlights: January 7 - January 12, 2019
Staff Writer | January 14, 2019
The most interesting business stories that marked the last week.
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Eli Lilly and Co said it would buy Loxo Oncology for about $8 billion in cash....
DXC Technology said it would buy Luxoft Holding for about $2 billion....
Imports of U.S. soya beans by the European Union increased by 112% over the current market year (July-December 2018), compared to the same period in the previous year....
Sika has made a binding offer to acquire Parex from its current owner CVC Fund V. Parex is a leading manufacturer of mortar solutions including facade mortars, tile adhesives, waterproofing, and technical mortars....
Foreign investors boosted their holdings of Chinese onshore bonds to a record high in December....
Idaho farm income fell for a second straight year in 2018 largely due to overproduction by dairy farmers....
Anglo African Oil & Gas plummeted on Monday despite a "fantastic" series of discoveries at its Tilapia licence in the Republic of the Congo....
HNA Group said it had sold a majority stake in a Manhattan building in a $422 million deal....
Eurozone unemployment rate unexpectedly eased in November to its lowest level in more than a decade, figures from Eurostat showed....
J.B. Hunt Transport Services announced its subsidiary, J.B. Hunt Transport, has entered into a definitive agreement to purchase Cory 1st Choice Home Delivery for $100 million, to be funded using J.B. Huntís existing revolving credit facility....
SŁdzucker reported that in the first three quarters (1 March 2018 to 30 November 2018) of the current fiscal year 2018/19, group revenues were 5.19 billion euros compared to 5.30 billion euros, prior year....
The export of finished wood products increased by 107 percent in 2018 after the government banned the export of unfinished timber and promoted value-added goods, local daily Vientiane Times reported on Friday....
Pub operator Ei Group said on Friday that it has agreed to dispose of 370 properties to Tavern Propco Limited for £348m in cash....
Virgin Atlantic has teamed up with Stobart Group and Cyrus Capital to buy Flybe for $2.8 million....
Hitachi is considering booking a special loss of up to 300 billion yen ($2.8 billion) in the year ending in March, as it plans to suspend a nuclear project in Britain due to swelling costs, sources close to the matter said, Kyodo reported....
The Japanese government has failed to pay out tens of billions of yen (several hundred million dollars) in unemployment insurance and similar benefits due to years of inaccurate labor surveys, according to an internal investigation....
Up to one million educated Afghans, or 45 percent of over 2.5 million jobless Afghans, have been suffering from unemployment.... ‚Ė† What to read next
At 400 PM CDT (2100 UTC), the center of Tropical Depression Two was located near latitude 28.0 North, longitude 86.6 West.
Latest Nordstrom Q1 loss $205 million
Over one million UK medical staff to receive NHS backlog bonus and pay rises from today
French firm invents kit to convert petrol cars into plug-in hybrids
Volkswagen Golf R 333, limited to 333 vehicles and with 333 PS
Italy faces flight disruption on 4 June due to airport strikes
Governor Lombardo declares state of emergency due to snowmelt flooding in Northern Nevada
Bird strike forces emergency landing in Stockholm
Brazil's top court sentences ex-President Collor to prison for corruption
U.S. bulk carrier cargo on fire in Korea
New equipment to improve navigation on Danube
World Bank approves $1 billion for Kenya's budget support
Brazilian banks will deny credit to meatpackers that buy cattle from deforested areas
Track laying starts on Chinese-built Hungarian section of Budapest-Belgrade railway
UK‚Äôs first post-Brexit trade deals to go live at midnight on Wednesday
Ukraine wants to deepen Danube to expand grain export
US House passes debt ceiling bill, averting crisis
Italy to set up 1 billion euros sovereign fund for strategic companies
Governor Kelly, federal leaders cut ribbon on state of the art National Bio and Agro Defense Facility
Massive boost to childcare payments marks first step in largest ever expansion of childcare in UK
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E.ON and alpitronic collaborate to deploy 4,500 fast-charging stations across Europe
China's first offshore million-tonne carbon storage project put into use
Nexamp secures more than $400 million to expand across six states
Honeywell to help support sustainable aviation fuel in bp
Admares to create over 1,400 jobs in Ware County, Georgia
Earthfirst Films appoints Tim Harper chief science officer
Sports.com announces Majed Al Sorour as president
Fredrik G√∂ransson appointed new CEO of Transtronic
Newmont appoints Karyn Ovelman as EVP, CFO
Intracom Middle East appoints general manager for MEA & APAC
Canada's real GDP grows 0.2 pct in April
Italy's inflation down, Q1 GDP up 0.6 pct
Finland's economy contracts by 0.4 pct YoY in Q1
Slovenia's annual inflation slows to 8.4 pct in May
Scotland's economy grows by 0.4% in Q1 of 2023
PVH Q1 revenue increased 2 percent
Hewlett Packard Enterprise Q2 profit increases
HP Inc. Q2 profit increases
Fortaco sales up 31.1%
AllianceBernstein Q4 net assets $910,948,934
Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
EU tightening requirements, horses risk getting stuck at border
New cases of bird flu in Latvia, disease also detected in dead fox
Hong Kong suspends import of poultry meat and products from areas in Argentina and UK
After 20 years, EU reopened its market to Argentine organic citrus
Oregon: Central coast opens for razor clam harvesting
Consumers pay strategically to forget guilty purchases
'Employee of the Month' is not a good thing, especially in Asia
Conservative CEOs acquire international firms, liberal counterparts make alliances
Employees should not be allowed to choose their teammates
Online retailers, charge upfront membership fee in exchange for free shipping
After exposure, Ukrtatnafta transfers to state budget over USD 32 mln of taxes unpaid by former owners
Settlement reached with Walmart over brass knuckles illegally sold to Californians
New York State AG secures $300,000 from online sporting goods retailers for not protecting consumers‚Äô personal info
Citizens Bank to pay $9 million penalty over credit card practices
EU hits Meta with record ‚ā¨1.2b privacy fine
Sotheby‚Äôs to unveil largest ruby, most vivid red diamond
Beer, bourbon, and barbecue returns to Virgina in style
Piazza di Siena horse show returns to Rome
Prague Fringe will welcome more than 200 performances of around 40 different shows
Renaissance Faire, festival of old English habits
Lamborghini unveils Urus Performante Essenza SCV12 limited edition
2024 Ford Ranger, strength and improved ground clearance
750S, lightest and most powerful McLaren
Bavaria Cruiser 46 Style, for people who love best yacht design
Airbus ACJ TwoTwenty, new standard in corporate jets
Hallway lights for every style
TerraFlame, clean burning flame outdoor and indoor
Waterford Crystal, Irish pride since 1783
Great ways to make your bathroom looks luxurious on a budget
Italian coffee makers to feel like a pro
Audioresearch Reference 750 SEL monoblock amplifier, 77.2 kg and 750 watts
Gigabyte AERO 14 OLED laptop, created to protect your eyes
Technics stereo power amplifier SE-R1, perfect in every detail
Ballfinger open reel tape machine M 063 H6, device you should have
Acer announced laptop and projector in its eco range
People coinfected with COVID and most prevalent herpesviruses at increased risk of cardiovascular disease
FDA proposes new medication guide for patients
No more free vapes for kids in UK
Probe into source of cholera outbreak underway in South Africa
How Botox enters brain cells, discovery that could save lives
Peru passes important ocean protection law to protect first 5 nautical miles at sea
One-third of galaxy's most common planets could be in habitable zone
Shanghai records hottest May day in 100 years
First ‚Äėplastic rain‚Äô weather forecast predicts 50kg of microplastics over Paris
California snowlines on track to be 1,600 feet higher by century‚Äôs end