Recent Posts

Finnish PM faces dwindling options to avoid election

Bloomberg Finland’s Prime Minister Juha Sipila could face a tight squeeze to avoid a snap election after the biggest opposition parties quickly ruled out giving him any help in the current political impasse. Sipila put a new election into play on Monday after he and the National Coalition dumped their junior coalition partner, The Finns, in a bid to find ...

Read More »

GE wins US antitrust approval for tie-up with Baker Hughes

Bloomberg General Electric Co. and Baker Hughes Inc. have cleared a second major antitrust hurdle in their effort to create the world’s second-biggest oilfield services provider. GE won approval from the US Justice Department to combine its oil and gas business with Baker Hughes. The clearance follows by two weeks a similar decision by European regulators, and comes just hours ...

Read More »

Egypt’s GDP growth to hit 5.3% by 2019

CAIRO / Reuters Egypt’s gross domestic product is projected to grow 5.3 percent by 2019, suggesting the economy of the most populous Arab state is recovering after years of turmoil, the World Bank has said. In its monthly Global Economic Prospects report for June, the Bank estimated Egypt’s GDP would grow 3.9 percent in the 2016-17 fiscal year, which ends ...

Read More »
Send this to a friend