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22 Arrested With Villas, Cars, Gold Worth $652 Million In EU Covid Fund Fraud
Italian police said on Thursday they had arrested 22 people and seized assets from villas to Rolexes worth over 600 million euros ($652 million) as part of an investigation into alleged fraud tied to European Union and Italian funding schemes.
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Germany Not Yet Prepared To Recognise Taliban: Chancellor Angela Merkel
Germany is not yet prepared to recognise the Taliban as Afghanistan's government since it has not met the inclusiveness standards demanded of it, Chancellor Angela Merkel said, but she reaffirmed Berlin's promise of 600 million euros' aid.
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Hurt By Jio Price War, Vodafone May Suffer $1.1 Billion Write-Down
The company could write down its 45 per cent stake in Vodafone Idea Ltd. to around 600 million euros ($662 million) in half-year results Tuesday.
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Ikea Sticks To Plan For 25 Stores The Size Of 4 Football Fields In India
Ikea Group will double sourcing from India to 600 million euros ($667 million) as the retailer opens its first domestic outlet next year in a nation pegged to grow into the world's third-largest consumer market.
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IKEA Plans 25 Stores In India Over 10 Years
IKEA Group, the leading Swedish home furnishings company, plans to open 25 stores over next 10 years in India. It also plans to double its sourcing from India to 600 million euros by 2020.
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French Open Prize Money up by Three Million Euros
The winners of the men's and women's singles titles at the May 19-June 7 Grand Slam event will each pocket 1.8 million euros, 150,000 euros up on last year, out of a total pot of 28,028,600 euros.
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Walt Disney Rescues Euro Disney With $1.3 Billion Funding Deal
The deal includes a rights issue and debt restructuring which will inject 420 million euro in cash into the Euro Disney group and eliminate 600 million euros of its debt owed to Walt Disney via an equity swap.
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Google to Build 600 Million Euro Data Centre in The Netherlands
Google will build a 600 million euro (773.58 million US dollar) data centre in the northern Netherlands, the company said on Tuesday.
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ThyssenKrupp to axe 2,000 European steel jobs
German heavy industry giant ThyssenKrupp said today it intends to axe "more than 2,000 jobs" out of a total workforce of 27,600 at its Steel Europe division in a 500 million Euro (USD 671-million) cost-cutting drive.
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Titan Energy partners with Spain's Ortiz Energia
Solar photovoltaic modules manufacturer Titan Energy Systems said it has entered into a partnership with Ortiz Energia, a subsidiary of Grupo Ortiz -- a euro 600 million Spanish Group.
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22 Arrested With Villas, Cars, Gold Worth $652 Million In EU Covid Fund Fraud
Italian police said on Thursday they had arrested 22 people and seized assets from villas to Rolexes worth over 600 million euros ($652 million) as part of an investigation into alleged fraud tied to European Union and Italian funding schemes.
-
Germany Not Yet Prepared To Recognise Taliban: Chancellor Angela Merkel
Germany is not yet prepared to recognise the Taliban as Afghanistan's government since it has not met the inclusiveness standards demanded of it, Chancellor Angela Merkel said, but she reaffirmed Berlin's promise of 600 million euros' aid.
-
Hurt By Jio Price War, Vodafone May Suffer $1.1 Billion Write-Down
The company could write down its 45 per cent stake in Vodafone Idea Ltd. to around 600 million euros ($662 million) in half-year results Tuesday.
-
Ikea Sticks To Plan For 25 Stores The Size Of 4 Football Fields In India
Ikea Group will double sourcing from India to 600 million euros ($667 million) as the retailer opens its first domestic outlet next year in a nation pegged to grow into the world's third-largest consumer market.
-
IKEA Plans 25 Stores In India Over 10 Years
IKEA Group, the leading Swedish home furnishings company, plans to open 25 stores over next 10 years in India. It also plans to double its sourcing from India to 600 million euros by 2020.
-
French Open Prize Money up by Three Million Euros
The winners of the men's and women's singles titles at the May 19-June 7 Grand Slam event will each pocket 1.8 million euros, 150,000 euros up on last year, out of a total pot of 28,028,600 euros.
-
Walt Disney Rescues Euro Disney With $1.3 Billion Funding Deal
The deal includes a rights issue and debt restructuring which will inject 420 million euro in cash into the Euro Disney group and eliminate 600 million euros of its debt owed to Walt Disney via an equity swap.
-
Google to Build 600 Million Euro Data Centre in The Netherlands
Google will build a 600 million euro (773.58 million US dollar) data centre in the northern Netherlands, the company said on Tuesday.
-
ThyssenKrupp to axe 2,000 European steel jobs
German heavy industry giant ThyssenKrupp said today it intends to axe "more than 2,000 jobs" out of a total workforce of 27,600 at its Steel Europe division in a 500 million Euro (USD 671-million) cost-cutting drive.
-
Titan Energy partners with Spain's Ortiz Energia
Solar photovoltaic modules manufacturer Titan Energy Systems said it has entered into a partnership with Ortiz Energia, a subsidiary of Grupo Ortiz -- a euro 600 million Spanish Group.
