Investment

Wabtec Corporation has acquired majority ownership of Faiveley Transport S.A., after completing the purchase of the Faiveley family’s stake, which represented about 51% of the company’s shares outstanding.

Representatives of the ADB, Government of Australia, National Department of Health participated in an opening ceremony for the Alkena Community Health Post built under the multidevelopment partner-funded, Rural Primary Health Services Delivery Project.

Sberbank today announces the signing of a $100 mln seven-year venture loan agreement for Gett (formerly GetTaxi), a rapidly-growing global on-demand mobility company with a presence in Russia, the US, UK and Israel.

VimpelCom Ltd. announces that its 51.9% owned subsidiary, Global Telecom Holding S.A.E. , has completed the previously announced sale of Telecel International Ltd to ZARNet Limited in Zimbabwe for a consideration of USD 40 million.

GE Healthcare has taken a 20% stake in global venture management company Pilot Lite Ventures (PLV), expanding its consulting business as it seeks to tap into an estimated $28 billion global market in unexploited healthcare and wellness R&D, orphaned IP and early-stage technology.

LUKOIL has successfully completed drilling of the third well at offshore Vladimir Filanovsky field in the Caspian Sea.

President of LUKOIL Vagit Alekperov and Head of the Republic of Komi Sergey Gaplikov signed a 2017 Protocol to the Agreement on Cooperation between the company and the region, in Usinsk today.

The consortium comprising Basic Element, one of Russia’s diversified industrial groups, Russian Direct Investment Fund (RDIF) and Changi Airports International (CAI) announces the acquisition of Vladivostok International Airport in Russia’s Far East.

Superior Essex Inc. and Furukawa Electric Co., Ltd. Announce Intent to Form European Joint Venture

Investment in Norway's upstream oil and gas sector is projected to fall to 146.6bn Norwegian kroner ($17.2bn) next year from Nkr169.1bn this year, according to the latest forecast from state-run data provider Statistics Norway.

The Gazprom Board of Directors took note of the information about the pricing of natural gas exports.

MMKI commenced construction of a two-strand concaster (CCM) with capacity of 2.5 million tonnes of premium segment slab per year.

NAB Financial Planning today announced changes to deliver better customer outcomes, provide greater support to advisers, and position the business.

Over half the businesses in the Asia-Pacific Economic Co-operation’s (APEC) 21 economies (53%) surveyed by PwC this year plan to increase their investments over the next 12 months.

The $185 million investment earmarked for 2016 and 2017 is focused on infrastructure, technology, and people.