ADB sanctions $300m loan to upgrade East-West Highway in Georgia

(adsbygoogle = window.adsbygoogle || []).push({}); Construction industry news : The Asian Development Bank (ADB) has agreed to provide a loan of $300 million towards the construction of a four-lane, 12km road on the East-West Highway between Khevi and Ubisia in Georgia. The cost of the East-West Highway upgrade project is $429.5 million, of More...

by Soujanya Ravi | Published 4 days ago
By Soujanya Ravi On Monday, October 8th, 2018

Ardonagh to buy Swinton Group from Covea for £165m

Ardonagh acquisition of Swinton : The Ardonagh Group, the Jersey-incorporated owner of Autonet and Towergate, has signed a deal of around £165 million to acquire Swinton Group, the UK personal lines insurance broking More...

By businessnewstoday On Tuesday, October 2nd, 2018

Home appliance company GE Appliances to invest $200m in Louisville

Home appliance company GE Appliances (GEA) will make two separate investments totaling over $200 million to expand its dishwasher and laundry manufacturing facilities in Louisville, Kentucky. The investments will More...

By Soujanya Ravi On Sunday, September 30th, 2018

Jardine Lloyd Thompson to be acquired by Marsh & McLennan in $5.6bn deal

MMC acquisition of JLT : British insurance and reinsurance broker Jardine Lloyd Thompson (JLT) Group has agreed to be acquired by insurance broking and risk management major Marsh & McLennan Companies (MMC) More...

By businessnewstoday On Tuesday, September 18th, 2018

Indian government announces merger of Bank of Baroda, Vijaya Bank, Dena Bank

Banking industry news : The Indian government on Monday announced the merger of three state-owned banks – Bank of Baroda, Dena Bank and Vijaya Bank, in a move to create the third largest lender in the country. The More...

By Soujanya Ravi On Saturday, September 8th, 2018

Berkshire Hathaway takes stake in Indian mobile payment app Paytm

Indian mobile payment app cum digital wallet Paytm has secured an undisclosed equity investment from US-based investment firm Berkshire Hathaway. Available in 10 Indian languages, Paytm enables users to make payments More...

By Soujanya Ravi On Tuesday, September 4th, 2018

Visa invests in Japanese fintech company Paidy

Global payment technology company Visa has made an undisclosed investment in Japanese fintech company Paidy, which offers instantly-issued post-pay credit services for eCommerce shoppers in Japan. Paidy said that More...

By Soujanya Ravi On Saturday, August 25th, 2018

Poyry bags contract for German paper mill Kabel’s ATMP plant in Hagen

Finnish engineering company Poyry has bagged a detailed engineering services assignment contract from Kabel Premium Pulp & Paper (KPPP) for the German paper mill’s new advanced thermo mechanical pulp (ATMP) More...

By Soujanya Ravi On Tuesday, August 21st, 2018

Fluence wins order for two Aspiral wastewater treatment systems in Philippines

Fluence, a US-based water treatment solutions provider, has won a contract for delivering a packaged wastewater treatment plant at a residential development located in Manila, Philippines. As part of the contract, More...

By Soujanya Ravi On Saturday, August 18th, 2018

KB Home announces Northpark project in Ontario Ranch, California

Construction industry news : US home building company KB Home is set to launch the Northpark project, a new community of new homes, located in Ontario Ranch, California. Located in a prime Inland Empire location More...