Al Meera, the Qatari retailer, formalizes agreement for construction of malls in Qatar
Al Meera would be working with Al Muftah and Al Aliaa to construct malls in Qatar.
Industrials
Amazon Is Ending Drone Deliveries in California, Eyes Arizona Expansion
Amazon has ceased drone delivery operations in Lockeford, California, as it prepares to expand its Prime Air program in Arizona.
Norway Labor Unions Successfully Negotiated a 5.2% Wage Increase, Avoiding Major Strike
Labor unions and employers in Norway have successfully negotiated a 5.2% wage increase...
House Purchase Applications Continue To Dip As Mortgage Rates Remain High
Despite a slight dip in average interest rates for 30-year fixed-rate mortgages, weekly mortgage demand remains stagnant, with fewer applicants seeking loans for refinancing or home purchases...
UPS Lands Primary Air Cargo Deal with USPS as FedEx Ends 20-Year Partnership
UPS will manage the majority of air cargo transportation for USPS. The contract between the two entities is set for a minimum of five and a half years...
Latest News
Wilbur Ross hedges bet on emerging market growth
Ross' investments in shipping is based on faith that emerging markets would boost trade in the long haul.
Delaware court issues ruling on Cooper-Apollo case
According to Judge Sam Glasscock, it found Cooper's allegations to be without merit as against the actions of Apollo in its buyout negotiations.
Feronia announces private placement equity investors
Feronia identified the private placement equity investors and the breakdowns as to their purchases.
Bumi moves closer to Bakrie split deal
London-listed coalminer Bumi Plc announced its plan to proceed with a planned split from the Bakrie family despite lack of proof that the family can finance the deal.
L.B. Foster acquires Ball Winch Pipeline Services
Industrial manufacturer L.B. Foster announced the acquisition of custom pipe coatings company Ball Winch Pipeline Services LLC.
Rizzo Environmental Services acquires Royal Oak Recycling
Royal Oak Recycling is the business name of V&M Corporation and the firm was recently acquired by Rizzo Environmental Services Inc.
Siemens chief feels pressure to spin off healthcare unit - report
Investment banks reportedly been courting Siemens AG to spin off its healthcare business.
DuPont Pioneer and Deere & Co join forces to provide precision agriculture to farmers
Field specific information would be received by farmers from DuPont Pioneer
G. Cooper Equipment Rentals inks deal to buy City Rentals Inc
G. Cooper Equipment Rentals said it would be acquiring all the shares of City Rentals Inc for an undisclosed amount.
