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Bombardier Transportation has signed a four-year fleet maintenance contract with Vy Tåg AB to maintain its Night Train fleet in Sweden. The Vy Group is one of the largest transport groups in the Nordic region. Bombardier Transportation said the service contract with Vy Tåg will run from December...

Finland-based Nokia Corp. (NOK) announced Tuesday the availability of Open radio access network or O-RAN technology in its AirScale portfolio to lead the open mobile future. An initial set of O-RAN functionalities will become available this year, while the full suite of O-RAN-defined interfaces is...

Eni (E) said the company remains committed to its decarbonization strategy. The company is also assessing how to speed up its plans. It believes the ongoing evolution will allow the company to achieve a better balanced portfolio. Eni now foresees a long-term price of the marker Brent of $60/barrel...

Deutsche Bank (DB) and Google Cloud have agreed to form a strategic partnership which will enable Deutsche Bank to accelerate its cloud transition. With Google Cloud, Deutsche Bank will transform its IT architecture. Through the partnership, Deutsche Bank will also gain direct access to world-class data...

Micro Focus International plc (MCFUF.PK, MCRO.L) reported a loss before tax of $1.04 billion for the six months ended 30 April 2020 compared to a loss of $99.6 million, prior year. Loss per share from continuing operations in cents was 308.40 compared to a loss of 18.79. The Group recorded a goodwill...

LG Electronics Inc. (LGEPF.OB, LGEJY.OB, LGEIY.OB, LGEAF.OB) reported that its second-quarter operating income was 493.1 billion Korean Won, representing a year-on-year decrease of 24.4%. It represented a quarter-on-quarter decrease of 54.8%. Quarterly sales were 12.83 trillion Won, down 17.9% from...

French telecommunications operator Orange SA (ORAN) on Tuesday announced the appointment of Julien Ducarroz as CEO of Orange Polska, and Xavier Pichon as CEO of Orange Belgium. These changes will all take effect from September 1. Upon recommendation of the Supervisory Board of Orange Polska, Ducarroz...

Novartis (NVS) said that the European Commission has approved Enerzair Breezhaler as a maintenance treatment of asthma in adult patients not adequately controlled with a maintenance combination of a long-acting beta2-agonist or LABA and a high-dose of an inhaled corticosteroid or ICS who experienced...

French geoscience technology company CGG announced Tuesday that Sercel has acquired a 34 percent shareholding in start-up AMBPR. The deal terms also provide for Sercel increasing its stake in AMBPR to 51 percent in 2021. AMBPR, which was created in 2017, designs and markets autonomous robots for...

Sunrun (RUN) agreed to acquire Vivint Solar (VSLR) in an all-stock transaction, by which each share of Vivint Solar common stock will be exchanged for 0.55 shares of Sunrun common stock, representing a combined Enterprise Value of $9.2 billion based on the closing price of Sunrun's shares on July 6,...

Austrian sensor manufacturer ams AG announced Monday that it has received unconditional regulatory approval from the EU commission for the acquisition of German lighting company Osram Licht AG (OSAGF.PK). The EU regulatory approval constituted the last remaining condition precedent for closing the...

ViacomCBS (VIACA, VIAC) and DISH Network Corp. (DISH) said that they have renewed their carriage agreement to continue delivering ViacomCBS's portfolio of broadcast, entertainment, news and sports networks to DISH and SLING TV customers. Terms of the agreement were not disclosed.

SINA Corp. (SINA) said its Board has received a preliminary non-binding proposal letter from New Wave MMXV Limited, proposing to acquire all the outstanding ordinary shares of SINA not already owned by New Wave for $41 per share in cash in a going private transaction. The Board of SINA Corp. has formed...

ANI Pharmaceuticals Inc. (ANIP) said that it has acquired Fluconazole Tablets USP, 50mg, 100mg, 150mg, and 200mg from a private company for $3.0 million. The current annual U.S. market for the product is approximately $40 million, according to IQVIA/IMS Health. Fluconazole Tablets USP is indicated...

Uber Technologies, Inc. (UBER) and Postmates Inc. have reached a definitive deal, under which Uber will acquire Postmates for approximately $2.65 billion in an all-stock transaction. Uber currently estimates that it will issue approximately 84 million shares of common stock for 100% of the fully diluted...

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