Until this week, Martin Vizcarra led a quiet life as Peru’s ambassador to Canada, overseeing the two nations’ friendly relations from Ottawa, the Canadian capital.
Barrick Gold Corp cut the 2017 compensation for its top two executives to reflect a challenging “shareholder experience” and operations at some mines.
Boeing Co’s decision to end its trade case over the sale of Bombardier CSeries jets to U.S. carriers is good news for the aerospace industry and the public.
Trump has temporarily excluded six countries, including Canada and Mexico, and EU states from higher US import duties on steel and aluminium meant to come into effect.
Boeing will not appeal against the US trade commission ruling that allows Canada’s Bombardier Inc to sell its newest jets to U.S. airlines without heavy duties.
As Trump’s trade agenda turns from steel imports to Asian tech and intellectual property, a global trade war is now seen as the most serious risk for global investors.
BlackBerry, Jaguar Land Rover said they reached a licensing agreement to use the Canadian company’s software in the luxury car brand’s next-generation electric vehicles.
US govt has dropped a demand that all vehicles made in Canada and Mexico for export to the United States contain at least 50% US content, The Globe and Mail reported.
Nearly 50 countries expressed concern about “serious threat” to WTO posed by unilateral trade actions, a pointed reference to US tariffs that have caused a global outcry.
The United Arab Emirates is asking Washington to exempt it from new US tariffs on aluminum and steel and believes it has a strong case, a senior government official said.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months