deal
Melbourne restrictions to ease, with 25km travel limit removed, gyms reopen; Victoria records five new local COVID-19 cases; UK trade deal ‘big win for Australia’; Thousands of Melbourne residents told not to drink tap water
Mr Weimar said locking down the Kings Park complex earlier would not have necessarily prevented more csases. “It highlights how important the circuit breaker has been in terms of minimising movement,” he said. “The recently identified people at Southbank and those in the last 10 days have had far fewer movements in the community, and …
UK’s Drax signs deal with Mitsubishi for negative-emissions capture technology
A woman walks a dog past Drax power station during the sunset in Drax, North Yorkshire, Britain, November 27, 2020. REUTERS/Lee Smith Drax Group (DRX.L) has signed a long-term deal for carbon capture technology with Japan’s Mitsubishi Heavy Industries (MHI) (7011.T), paving the way for negative emissions from its UK plant by 2030, the firms …
U.S. tech giant shares unmoved on G7 tax deal
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo Shares in U.S. technology giants were flat to slightly lower in premarket trading, little changed by the landmark global minimum corporate tax dealagreed between the world’s richest nations. The Group of Seven (G7) advanced economies agreed on Saturday to back a …
Private-Equity Group Reaches Deal to Buy Medline for Over $30 Billion
A group of private-equity firms reached a deal to acquire Medline Industries Inc. that would value the medical-supply company at more than $30 billion, in one of the largest leveraged buyouts since the financial crisis. The Wall Street Journal reported earlier Saturday that the group was close to a deal after beating out a rival …
G-7 finance ministers strike landmark deal on taxing multinationals, tech giants
LONDON — A landmark deal agreed upon by the world’s richest nations on Saturday will see a global minimum rate of corporation tax placed on multinational companies including tech giants like Amazon, Apple and Microsoft. After two days of talks in London, finance ministers from the Group of Seven, or G-7 nations, said they had …
Online health startup Babylon to go public via $4.2 bln SPAC deal
British health tech startup Babylon Health said on Thursday it has agreed to go public through a merger with a blank-check firm led by former Groupon chief Rich Williams, valuing the combined company at a pro forma equity value of $4.2 billion. Babylon will merge with Alkuri Global Acquisition Corp (KURI.O) and will trade on …
Israeli opposition parties strike coalition deal, paving the way for Netanyahu’s exit
Yair Lapid, leader of the centrist Yesh Atid party, notified Israeli President Reuven Rivlin that he had managed to cobble together a coalition just 38 minutes before the midnight deadline. Though Lapid holds the mandate to form the government under the agreement, it is Naftali Bennett — leader of the small right-wing party Yamina and …
Iran nuclear deal talks set to break for a week, diplomats say
Talks aimed at reviving Iran’s nuclear pact with global powers were expected on Wednesday to adjourn for a week, diplomats said, with the remaining parties to the deal due to meet in the evening to sign off on the move. The adjournment to June 10 would leave only eight days to reach agreement before Iran’s …
Milan-Tonali alliance could be key in breaking down Brescia’s resistance over €35m deal
AC Milan are looking to try and secure a discount on the Sandro Tonali deal but it will be a difficult negotiations, according to a report. According to this morning’s edition of La Gazzetta dello Sport (via MilanNews), the Milan management are busy planning for next season despite the fact the 2020-21 campaign only ended …
Amazon Nears Deal to Buy Hollywood Studio MGM
Amazon.com Inc. AMZN 1.46% is nearing a deal to buy the Hollywood studio MGM Holdings for almost $9 billion, said people familiar with the matter, a pact that would turn a film operation founded in the silent era into a streaming asset for the e-commerce giant. An agreement could be announced as early as this …
