Highlights: July 8 - July 14, 2019
Christian Fernsby ▼ | July 15, 2019
The most interesting business stories that marked last business week.Article continues below
The government of the Austria’s federal Upper Austria state has included an €800 million Linz bypass in its infrastructure programme up to 2030....
Further progress is being made with the project to build the 17.2km sea crossing in Mumbai....
A new budget for road development works has been set for Colombia’s Arauca, Boyaca, Casanare, Cundinamarca, and Santander departments....
Tourism revenues in Tunisia rose by 42.5 percent in the first half of 2019, making up to 684.6 million dollars against 480.5 million dollars in 2018, the Tunisian government announced....
Bristol’s popular fried chicken chain Miss Millie’s has been sold off after 50 years....
Piper Jaffray Companies and Sandler O’Neill + Partners announced they have entered into a definitive merger agreement....
IBM said it has closed its $34 billion acquisition of software company Red Hat....
Network gear maker Cisco Systems said it would buy optical component maker Acacia Communications for $2.84 billion in cash....
Lidl is to invest €1 million to install 4364 solar panels on the roof of its distribution facility currently under construction in Newbridge, Co. Kildare in Ireland....
An International Monetary Fund (IMF) report states that Malaysia can become a high-income nation within two years, says Prime Minister Tun Dr Mahathir Mohamad....
GlobalData said the industry is expected to nearly double its capacity over that period, filling a gap left by the retirement of coal power plants by 2025 and closure of all but one nuclear plant in the next decade....
Western appetites for foods like avocados, coffee and citrus fruit are threatening global food security, according to a study that looked at 40 years of data. ...
The Australian government has come under pressure from dairy farmers to preclude products that do not contain dairy from being labelled as "milk."...
Campbell Soup Company announced that it has signed a definitive agreement for the sale of Kelsen Group to a Ferrero affiliated company for $300 million, subject to customary purchase price adjustments....
The U.S. Federal Trade Commission (FTC) approved a settlement involving about 5 billion U.S. dollars with Facebook over its probe into the tech giant's privacy violations....
The number of corporate bankruptcies has increased, according to Statistics Netherlands (CBS)....
Effective 1 August, Belarus will sharply increase the tariff on the transit of Russian oil to Europe....
The EPA announced it is again allowing the widespread use of sulfoxaflor insecticide....
Gilead Sciences and Galapagos announced that they have entered into a 10-year global research and development collaboration.... â– What to read next
The main thing making weather headlines Friday and into the weekend will be the widespread coverage of showers and thunderstorms across much of the central and eastern U.S., with a particular focus across southeast Texas, the Mid-South, and portions of Virginia.
Latest Active drilling rigs fell yet again this week
New York Governor announces Sullivan County broadband project
Amazon to invest $20B in Pennsylvania for AI Infrastructure
China allows imports of rapeseed meal, soybean meal from Uruguay
Indian premier inaugurates world's tallest railroad in Kashmir
Air India plane with 242 people onboard crashes near airport in India's Gujarat
U.S.: Severe thunderstorms and heavy rain in the Central U.S.
U.S.: Severe thunderstorms and possible flooding in the East; extreme heat in the West
EPPO investigates major agricultural subsidy fraud in Greece
Indonesia to launch salt farm project to end salt imports
Hyper Transfer project in Veneto, Italy hits new milestone
Indonesia ships 128 tons of L-Tryptophan to China
Green hydrogen from Africa more expensive than expected, study finds
Britain unveils 15.6 billion pounds investment in city transport
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Bulgaria to build 7,000 km fiber optic networks in poorly connected areas
Queensland: Crisafulli government gives green light for Paradise Dam early works
EU Commission selects 13 strategic projects in third countries to secure access to raw materials
Bulgaria meets criteria to join euro area on 1 January 2026
Premier leading Asia trade mission to promote British Columbia investment
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Google partners with Chile to deploy trans-Pacific submarine cable
Eurostar to launch direct trains from UK to Germany and Switzerland
Commission approves unconditionally acquisition of Intelsat by SES
Trigo Retail launches computer vision-AI powered loss prevention solution
Global consortium inks deal to build AAE-2 subsea cable line
David Andreadakis joins Loyalty Juggernaut as chief commercial officer
Tom Montali joins CSL as business development director
Concirrus appoints Steve O'Reilly as product manager
Jetcraft appoints Philip Baer as sales director in U.S.
Pere Mañé appointed as new CEO of Suanfarma
U.S. economy in Q1 revised up to 0.2-pct contraction
Japan loses top creditor position for first time in 34 years
NZ exports to EU jump 28% in first year of trade deal
EU generated €39.2 billion surplus in trade in agricultural products
California is now world’s 4th-largest economy
Lockton revenue $3.55 billion
Motorcar Parts of America Q4 sales $189.5 million
Limoneira Q2 revenue $44.6 million
Lululemon athletica Q1 revenue increased 10% to $2.2 billion
PVH Q1 GAAP EBIT $205 million
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?
Global output of key food commodity crops on course for new records
EU approves 15 million euros to help farmers in Czechia, Slovenia, Germany
Bluetongue virus restricted zone to be extended to all of England
South Africa suspends poultry imports from Brazil due to bird flu outbreak
Egg exports grow in April and Brazil expands its presence in new markets
Employers prefer younger job candidates for AI roles although experienced workers perform same or better
Study finds workers misjudge wage markets
Some organizations may need to expand their hierarchical structures earlier than others
Study finds there's right way and wrong way to deliver negative feedback in workplace
Allyship is critical and its needs appreciation
EU fines carmakers €458 million for anti-recycling cartel
Commission fines Pierre Cardin and its licensee Ahlers €5.7 million for restricting cross-border sales of clothing
BHP, Vale agree to pay $30B damages for Brazil dam disaster
Commission fines České dráhy and Österreichische Bundesbahnen €48.7 million over collusion to exclude common compe
SEC charges Keurig with making inaccurate statements regarding recyclability of K-Cup beverage pod
Magazine
Morocco’s first Radisson branded hotel opens in Casablanca
Buna channels, an unreal and beautiful part of Bosnia and Herzegovina
JW Marriott unveils Mindful Haven with opening of JW Marriott Hotel Nairobi
Sotheby's Sports Week returns with fantastic artifacts
Red Roof properties open in Michigan
2025 Chevrolet Equinox stands apart with fresh looks and capability
Hill Helicopters HX50, luxury in the sky
Opel Movano becomes fully equipped camper van
Porsche Panamera, new hybrid variants
Dodge Charger, 670 horsepower of electric
Embellish your home with PVC panels
You'll have to hurry if you want one of 20 new Louis Vuitton watches
Luxury duvet looks good, fells good and keeps you healthy
Vacheron Constantin, watches for life and more
SchĂĽller kitchens, where functionality marries design
reMarkable 2, monochrome tablet for your thoughts and your eyes
OnePlus Ace 3V, first with Snapdragon 7 Plus Gen 3
ASUS Zenfone 11 Ultra, flagship with a reason
Samsung Galaxy S24 is photography powerhouse
Casette tapes are making a big comeback, and so are portable players
World's first vaccines that don't need refrigeration entered trials
First patient enrolled in Phase 1 clinical trial of Akiram’s cancer drug candidate
FDA grants marketing authorization of first home test for chlamydia, gonorrhea and trichomoniasis
Human cases of anthrax reported in western Mongolia
One more barrier to developing vaccine for HIV removed
Mission to "weigh" all of Earth's forests from space launched
NASA's SPHEREx space telescope begins mapping entire sky
Russian academics, gas industry experts see undersea LNG transportation as feasible
India launches space docking experiment mission
World-first carbon-14 diamond battery made