Infrastructure

Midway Airport lease bidding cancelled by Mayor of Chicago

Chicago Mayor Rahm Emanuel had cancelled the bidding for the lease of the Midway Airport.

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Tele2 aims for 20% share in Dutch mobile phone market after rollout of own network

Tele2 said it would want to increase its market share in the mobile telephone market in the Netherlands to 20% after the roll out of its own network.

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Chinese insurance firms may seek real estate investments overseas- CBRE Group

The CBRE Group Inc said Chinese insurance companies could spend USD 14.4 billion in commercial real estate investments overseas.

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Chevron wins Lithuanian shale gas tender - Lithuanian gov't

Sole bidder Chevron won the Lithuanian tender for shale gas exploration, the government said in a Twitter announcement.

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Central Pattana allocates THB 15 billion for Southeast Asian expansion

Thailand's largest shopping mall developer, Central Pattana, said it would be spending THB 15 billion to expand in Southeast Asia.

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Analysts say CBS is clear winner in creative content deal with Time Warner Cable

Although both companies declined to comment, analysts said Time Warner might have caved in to CBS's demands for higher transmission fee and additional fees for digital content.

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China COSCO Holdings expansion paves path for Piraeus privatization

A deal between China COSCO Holdings and Piraeus would pave the way for privatization of the largest port in Greece.

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Japan to use public funds to help Tepco with contaminated water from Fukushima nuclear plant

The Japanese government said it would use public funds to deal with the radioactive water emanating from the Fukushima nuclear plant as Tepco appeared overwhelmed by the problem.

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Government protests, doping bans may jeopardize Turkey's Olympic bid

Government protests and athletes' drug violations could imperil Turkey's bid for the 2020 Olympic Games.

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Federal Government of Nigeria loses USD 40 billion in 76 oil leases not yet in production

The Federal Government of Nigeria lost USD 40 billion in downstream infrastructure investments for 76 non-producing oil leases.

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Mercedes-Benz plans more outlets in China to capture bigger market share

German car manufacturer Daimler Mercedes-Benz planned to increase the number of its dealer outlets in China to get a bigger share of the world's largest auto market.

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Allianz nears deal to outsource IT services

German insurance firm Allianz announced that it is nearing a deal to outsource its information technology services.

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Holcim and Cemex discussing possible means to address difficulties both face in Europe

Holcim would pay Cemex to absorb some of its businesses in Europe.

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Rexnord acquires Micro Precision Gear Technology assets

Rexnord Aerospace announced acquisition for Micro-Precision Technology assets that would allow the two companies to expand their portfolio..

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Barclays Bank Kenya finances Marriot Drilling's rig

Barclays Bank of Kenya signed a financing deal with the African unit of British oil explorer Marriott Drilling worth USD 13 million.

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