News Archive - 17 October 2015
Diebold offers to buy Wincor Nixdorf for $1.9 billion
>FRANKFURT U.S. automated teller machine maker Diebold Inc (DBD.N) has offered to buy rival Wincor Nixdorf AG (WING.DE) of Germany for 1.7 billion euros ($1.9 billion), the companies said on Saturday.Diebold is offering 52.50 euros per share in cash and stock, a 35...
Yemen mulls U.N. invitation to attend peace talks
>"The Yemeni government confirms that we're always ready for and committed to peace," spokesman Rajeh Badi told Reuters from the Saudi capital Riyadh."We value the role of the United Nations and thank its special envoy to Yemen, who has exerted great efforts toward achieving a peaceful resolution," he said,...
Syrian army, backed by Iranian fighters, advance south of Aleppo: monitor
>The campaign around Aleppo, which the army launched on Friday, is one of several assaults it has waged against rebel fighters since Russian jets began carrying out air strikes on Sept. 30 in support of President Bashar al-Assad.It has concentrated so far on clearing rebel areas south of Aleppo...
Cerberus buys renewable energy firm Renovalia: Spanish newspapers
>Neither Cerberus nor Renovalia were immediately available for comment.Renovalia pulled a planned stock market flotation in 2010 due to market turmoil and lack of clarity on the government's subsidy plans. It had planned to list up to 25 percent of the company in a deal valuing the family-owned solar...
GFH to acquire $125 million industrial real estate portfolio in United States
>The group's GFH Capital unit said in a statement on Saturday that the portfolio will include 18 income-producing assets across six states, including single-tenant and multi-tenant properties with an overall occupancy rate of 98 percent. Hisham al-Rayes, managing director of GFH Capital, said he hoped the transaction would deliver steady yields, potential...
Obama's foreign policy could burden Biden if he runs in 2016
>WASHINGTON When President Barack Obama announced this week that the United States would leave more troops than planned in Afghanistan, his vice president, Joe Biden, stood right at his side. And for Biden, still mulling a presidential bid, that could pose a problem. As he calculates all the angles that...
Israel says thwarts further knife attacks, three Palestinians dead
>At least 40 Palestinians and seven Israelis have died in the violence, which was in part triggered by Palestinians' anger over what they see as increased Jewish encroachment on Jerusalem's al-Aqsa mosque compound.Israeli border police had stopped to question a 16-year-old Palestinian walking in "a suspicious manner" through a...
Croatia diverts migrants to Slovenia after Hungary closes border
>OPATOVAC, Croatia/LJUBLJANA Migrants streaming across the Balkans reached Slovenia on Saturday, diverted overnight by the closure of Hungary's border with Croatia in the latest demonstration of Europe's disjointed response to the flow of people reaching its borders. Hungary's right-wing government declared its southern frontier with Croatia off limits to migrants,...
China's Premier Li says achieving growth of around 7 percent 'not easy'
>Nonetheless in his comments, made at a recent meeting with senior provincial officials, the premier said that continued strength in the labour market and services were reasons for optimism, despite the headwinds facing the manufacturing sector."As long as employment remains adequate, the people's income grows, and the environment continuously...
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