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EnQuest confirms first oil from Kraken project in North Sea

2017-06-27 01:00:00| Offshore Technology

EnQuest has confirmed that the first oil from the Kraken development in the North Sea has been delivered.

Tags: north project sea oil

 

Accor Confirms EUR 378.4 Million Sale Leaseback of 49 Hotels in France, Belgium and Germany

2017-06-19 12:08:11| Net Lease News

Tags: france sale germany eur

 
 

Former US banker Steve Mnuchin confirms he will be US treasury secretary

2016-11-30 14:06:24| BBC News | Business | UK Edition

Former Goldman Sachs executive Steve Mnuchin confirms he will be the new US treasury secretary.

Tags: us steve secretary treasury

 

Broadcom confirms takeover of Brocade for USD 5.9 bln

2016-11-02 13:06:00| Telecompaper Headlines

(Telecompaper) Broadcom has confirmed an agreement to acquire Brocade for USD 5.9 billion, expanding its position in the Fiber Channel SAN market. The company is offering USD 12.75 per share cash for Brocade and will also assume USD 0.4 billion in debt. The bid is a 47 percent premium on Brocade's share price of 28 October, the day before reports first emerged of a possible deal. The takeover is focused on acquiring Brocade's Fiber Channel business, as Broadcom plans to sell Brocade's IP Networking business.

Tags: usd confirms takeover broadcom

 

Twitter confirms 9% cut in workforce, targets profit in 2017

2016-10-27 16:02:00| Telecompaper Headlines

(Telecompaper) Twitter has confirmed plans to cut 9 percent of its workforce as the company works towards a goal of profitability in 2017. In the third quarter of 2016, Twitter posted a net loss of USD 103 million, on sales up 8 percent year-on-year to USD 616 million. The company said the restructuring, which focuses primarily on reorganizing the company's sales, partnerships, and marketing efforts, is intended "to create greater focus and efficiency to enable Twitter's goal of driving toward GAAP profitability in 2017".

Tags: in cut profit targets

 

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