Industry

 
  • Jun 22 2018

Satellite operator Echostar unveils stake in bid target Inmarsat

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Shares in British satellite operator Inmarsat leapt on Friday after its U.S. suitor EchoStar disclosed stakes in the London-listed company’s equity and debt.

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  • Jun 22 2018

Greek carrier Aegean signs $5 bn order for Airbus A320 neo planes

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Greece’s largest carrier Aegean Airlines signed a $5 billion deal with Airbus for up to 42 aircraft to renew its fleet of single-aisle planes, stay competitive and add capacity for future expansion.

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  • Jun 22 2018

Unichem to pay 5% royalty to Eli Lilly for generic tadalafil

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Unichem said it will pay Eli Lilly a royalty of 5% on the net sales of the generic tadalafil product till the expiry of global pharma firm's patent on Apr 26, 2020.

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  • Jun 22 2018

Barclays puts two insiders in top roles as seeks to grow profit

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Britain’s Barclays has promoted insiders to two of its most senior banking roles as it looks to boost its profit.

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  • Jun 22 2018

Naspers lines up $8.2 billion war chest to scale up tech ventures

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Naspers plans to deploy its $8.2 billion war chest to step up growth in its e-commerce ventures, its CEO said, part of a push to cut the company’s dependence on its Chinese money spinner Tencent.

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