(RTTNews) - Honeywell International, Inc. (HON) said on Wednesday that it will initiate a voluntary tender offer to acquire Civitanavi Systems S.p.A. (CNS), an Italian aerospace and defense firm, for 6.30 euros per share in cash or around 200 million euros.
Aroundtown, one of Germany's largest listed landlords, posted a 2.436 billion euro ($2.64 billion) loss in 2023 amid Germany's worst real-estate crisis in decades, the company reported on Wednesday.
Swiss Steel Group on Wednesday said its French unit Ascometal ended exclusive talks announced in December over the sale of several of its sites in France to Italian steelmaker Acciaiere Venete.
Manager Joerg Engelmann says he has pulled out all the stops to attract skilled foreign workers to his chemical engineering company in Chemnitz, east Germany. But once they arrived, the racial slurs and exclusion they experienced in the town have driven some of them away.
(RTTNews) - Santhera Pharmaceuticals said that the China National Medical Products Administration or NMPA has accepted for priority review the new drug application or NDA for vamorolone in Duchenne muscular dystrophy or DMD which was submitted by Sperogenix Therapeutics, Santhera
Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, Turkey and the United Arab Emirates (UAE) become more wary of U.S. secondary sanctions, eight sources familiar with the matter said.
South Africa's rand was little changed in early trade on Wednesday, ahead of the central bank's decision on its interest rate, which is widely expected to be kept steady.
Australian shares closed higher on Wednesday on the back of healthcare and bank stocks, while investors assessed a key domestic inflation data that further strengthened the case of a sooner-than-expected interest rate cut in the country.
Keeping a clear head and showing plenty of positive intent has helped Chennai Super Kings batsman Rachin Ravindra make a strong start to his Indian Premier League (IPL) career, the team's batting coach Michael Hussey said.
Super Micro Computer (NASDAQ: SMCI) has been one of 2024's hottest artificial intelligence (AI) stocks. The server specialist's share price is up 260% year to date, and some Wall Street analysts anticipate that surging demand for AI solutions will continue to push the stock highe
South African insurer Old Mutual Ltd reported a 28% rise in full-year earnings on Wednesday as it benefited from double-digit sales and new business growth.
Billionaire Bill Ackman manages the hedge fund Pershing Square Capital Management. He achieved a total return of 212% during the five-year period that ended in February 2024, easily outperforming the S&P 500, which increased 99% during the same period. That makes him a good c
Carbon dioxide emissions from Vietnam's coal-fired power plants jumped to a new high for the first month of the year in 2024 as the country's power producers cranked output to avert a repeat of power outages seen last year.
India's aviation watchdog has deferred a June 1 deadline for airlines to adopt new rules on rest and duty times for pilots, a notice on its website showed, but without stating a reason or a new target date.
Indonesian copper miner PT Amman Mineral Internasional is targeting production of 833,000 dry metric tons of copper concentrate in 2024, the company said on Wednesday, an increase about 54% from last year's output.
Search divers were expected to return near dawn on Wednesday to the waters surrounding the twisted ruins of a bridge knocked down in Baltimore Harbor by a faltering cargo ship, leaving six workers missing and presumed dead.
Shares of online education company Duolingo (NASDAQ: DUOL) experienced an outstanding 2023, more than doubling from a 52-week low of $116.82 last May. The stock remains not far from its 52-week high of $245.87 reached in December.
India's aviation watchdog has deferred a June 1 deadline for airlines to adopt new rules on rest and duty times for pilots, a notice on its website showed, without stating a reason or a new target date.