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
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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
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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
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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
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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
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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
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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
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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
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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
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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...