Mikati’s M1 to Invest $330 Million After Buying Telenor Myanmar

Mikati’s M1 to Invest $330 Million After Buying Telenor Myanmar

Lebanese investment firm M1 Group pledged to spend $330 million over the next three years to expand the Myanmar telecom business it’s buying from Norway’s Telenor ASA, bucking moves by many international investors to exit the Southeast Asian nation after the …

NEC Announces Transfer of Shares in a Consolidated Subsidiary

NEC Announces Transfer of Shares in a Consolidated Subsidiary

TOKYO, Sep 3, 2021 – (JCN Newswire) – NEC Corporation (TSE: 6701) today announced the transfer of all shares in NEC Energy Solutions, Inc. (NEC Energy Solutions), a consolidated subsidiary, to LG Energy Solution, Ltd. (LG Energy Solution). The stock transfer is scheduled to take place following completion of required regulatory clearances. In recent years,…

Yields jump, equities waver after U.S. jobs report

Yields jump, equities waver after U.S. jobs report

Breadcrumb Trail Links PMN Business Author of the article: Reuters Herbert Lash and Huw Jones Article content NEW YORK/LONDON — Benchmark Treasury yields jumped on Friday on fears of rising inflation but some equity markets rose after a weak U.S. jobs report likely pushed back the timetable for when the Federal Reserve starts to reduce…

Texas CEOs stay silent on abortion ban

Texas CEOs stay silent on abortion ban

In defending his state’s new abortion ban, Texas Gov. Greg Abbott yesterday used business migration as his shield: “The people who are not wringing their hands are the people who create jobs that run businesses.” Why it matters: Business leaders have become A…