Elbit Systems wins homeland security contract
TEL AVIV (Reuters) – Israeli defense electronics company Elbit Systems said the U.S. Department of Homeland Security Customs and Border Protection (CBP) awarded its subsidiary a contract to deploy border surveillance technology in southern Arizona.
Abenomics struggles to deliver Japan public works boom
TOKYO (Reuters) – When Tokyo asked for bidders to build what is expected to be the world’s largest fish market on the city’s vacant eastern edge there were no takers.
Exclusive: Fared Adib, senior Sprint executive, departing – memo
(Reuters) – Another senior executive is leaving Sprint Corp, the U.S. wireless company that has seen several key leaders exit since it was acquired last year by Japan’s SoftBank Corp (9984.T).
Exclusive: Ecobank CEO’s contract must be terminated immediately – PIC letter
ACCRA (Reuters) – The main shareholder in Ecobank , one of the biggest banks in sub-Saharan Africa, called on Saturday for its Ivorian chief executive Thierry Tanoh to be dismissed immediately.
Upbeat Buffett eyes big acquisitions after record Berkshire profit
NEW YORK (Reuters) – Warren Buffett on Saturday signaled he plans to make more large acquisitions for Berkshire Hathaway Inc to expand his conglomerate, which posted a record profit in 2013 with the help of a recovering U.S. economy.
Exclusive: Dean Metropoulos’ Pabst Brewing seeks buyer – sources
NEW YORK (Reuters) – Veteran food industry investor C. Dean Metropoulos is seeking a new owner for Pabst Brewing Co, best known for blue collar-turned-hipster favorite Pabst Blue Ribbon label, people familiar with the matter said.
Soros, Paulson in Spanish property REITs investments – FT
MADRID (Reuters) – Hedge fund managers George Soros and John Paulson have both taken a 92 million euro ($127 million) stake in a new Spanish property investment vehicle called Hispania, the Financial Times reported on Saturday citing sources close to t…
Ireland eyes new big player to boost banking sector
DUBLIN (Reuters) – Ireland would like a “significant” new bank with a big balance sheet to enter its lending market this year to drive competition in the diminished sector, finance minister Michael Noonan said on Saturday.
Ireland eyes new big player to boost banking sector
DUBLIN (Reuters) – Ireland would like a “significant” new bank with a big balance sheet to enter its lending market this year to drive competition in the diminished sector, finance minister Michael Noonan said on Saturday.
Gap Inc seeks new berth in China with Old Navy
SHANGHAI (Reuters) – When Gap Inc began an online campaign ahead of the launch its Old Navy label in China, the iconic U.S. clothes retailer posed an important question to its potential Chinese consumers: have you heard of Old Navy? Only a few had.