Advent-led consortium to spend 'billions' on expanding Thyssenkrupp Elevator

The consortium that won the bid to acquire Thyssenkrupp's elevators division wants to spend billions of euros on expanding the business, a manager at one of three partners said in remarks published on Sunday.

from Reuters: Business News https://ift.tt/3ajnoRw

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Citgo, Aruba reach deal to transfer control of refinery to island government

U.S. refiner Citgo has reached an agreement with Aruba to transfer control of the San Nicolas refinery to the island's government, Citgo said late on Saturday, after the two parties last year suspended a contract to overhaul the facility.

from Reuters: Business News https://ift.tt/2PDgu1J

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OPEC may fight coronavirus price slide with deeper oil supply cuts

OPEC may fight coronavirus price slide with deeper oil supply cuts



OPEC could agree on deeper oil supply cuts this week, with or without Russia's support, to halt the slide in crude prices triggered by the global spread of the coronavirus, said two sources familiar with the talks.

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Iran raises coronavirus death toll to 54

Iran raises coronavirus death toll to 54



Iran's Health Ministry raised on Sunday the nationwide death toll from the new coronavirus to 54 as the number of infected cases jumped overnight to 978 people.

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1st coronavirus death in US leads Washington state to declare emergency

1st coronavirus death in US leads Washington state to declare emergency



The governor of Washington declared a state of emergency Saturday after a man died there of COVID-19, the first such reported death in the United States. More than 50 people in a nursing facility are sick and being tested for the virus. 

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California and federal politicians want to destroy millions of freelance jobs – We can't let them win

California and federal politicians want to destroy millions of freelance jobs – We can't let them win



No politician should be able to say, "no, you can't work."

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Saudi Aramco shares hit lowest since IPO, down over 2%

Shares of Saudi Aramco hit 32.50 riyals ($8.66) in intraday trade on Sunday, the lowest since it began trading in December following a record initial public offering, as oil prices plunged amid worries about the global spread of the coronavirus.

from Reuters: Business News https://ift.tt/2vrjSpq

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