Author: Vitaliy Dadalyan

22 Oct by Vitaliy Dadalyan Tags:

Poland's richest man to work with GE Hitachi on mini nuclear plant

Synthos, a chemical group owned by Poland's richest man Michal Solowow, has agreed to work with GE Hitachi Nuclear Energy on developing technology for a small modular reactor (SMR), Hitachi said on Monday. Poland still generates most of its electricity from coal but more and more companies are exploring low-carbon options. "Utilizing small modular reactors to generate clean energy will improve our chances to move away from coal and have a positive impact on our industry and nation," Solowow was quoted as saying....
21 Oct by Vitaliy Dadalyan Tags:

Novartis boosts 2019 targets after third-quarter beat

Swiss drugmaker Novartis on Tuesday boosted its full-year targets, with sales now expected to grow at a high single-digit percentage rate and core operating income now seen growing at a mid- to high-teen rate. The therapy's regulatory review in Europe and Japan was delayed, with an anticipated decision in the first quarter of 2020 in Europe and an expected decision in Japan in the first half of 2020....
21 Oct by Vitaliy Dadalyan Tags:

UPDATE 1-Sunrise scraps meeting to approve rights issue for UPC takeover

Sunrise Communications Group called off a shareholders meeting set for Wednesday to approve a rights issue needed to complete its 6.3 billion Swiss franc ($6.39 billion) acquisition of Liberty Global's UPC business. Freenet, which is Sunrise's biggest shareholder, and other investors had opposed the 2.8 billion franc rights issue, forcing Sunrise into the climbdown. It said it cancelled the extraordinary general meeting (EGM) with Liberty Global's consent....