Industries
Jeff Bezos Sold Amazon Stock Worth Several Billion Dollars
Amazon CEO Jeff Bezos sold Amazon stock worth several billion dollars in just one week, according to TechNews.bg, quoting Reuters. The company didn't officially comment on the transaction.
On Thursday and Friday, the CEO of the largest online retailer offloaded $ 990 million worth of shares, and Amazon's total shares which were sold by Bezos last week reached $ 2.8 billion.
Greek court convicts 13 over orthopedic product procurements
A Greek court has convicted 13 people in connection with alleged corruption during state hospital purchases from DePuy, a subsidiary of US healthcare giant Johnson & Johnson.
The Athens criminal court on Tuesday acquitted another seven people over the same case, in which Greek hospital doctors allegedly took bribes to prescribe DePuy orthopedic products.
Court rejects prosecutor’s request in Novartis probe
Greece's Supreme Court has turned down a request by deputy prosecutor Ioannis Angelis for a fellow deputy prosecutor and a former prosecutor to be taken off a probe concerning the alleged bribery scandal involving Swiss pharmaceutical firm Novartis.
Bulgaria Seeks Armored-vehicle Offers from Four Producers in $840M Deal
The Bulgarian Ministry of Defence has announced it will seek offers for the supply of 150 armored vehicles from four Europe-based manufacturers: Germany's ARTEC, Finnish Patria, France's Nexter Group, and Swiss-based General Dynamics Land System - MOWAG, reports Defense News.
Google, Amazon, Facebook and Apple Will Be Investigated For Monopolistic Activities
High-tech Internet companies will be investigated on suspicion of monopoly and anti-competitive oppression by the US Department of Justice (DOJ). According to the newspaper Wall Street Journal, Google, Amazon and Apple will be scrutinized.
Nippon Paint buys local Betek for $245 mln
Japan-based Nippon Paint Holdings has announced that it completed the acquisition of local Betek Boya, the owner of well-known paint brand Filli Boya.
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Luxury auto sales down 56 percent in first half of year
Luxury automobile sales in Turkey declined by 58.9 percent on an annual basis to a total of 3,356 units in the first half of 2019, according to calculations by state-run Anadolu Agency based on data from by the Automotive Distributors' Association (ODD).
Energean leads race for Edison’s oil and gas unit
Israel-focused gas driller Energean has emerged as the front-runner in the race to acquire Italian energy group Edison's oil and natural gas unit, two sources directly involved in the deal said.
The acquisition would significantly expand Energean's operations in the growing Eastern Mediterranean gas hub with a significant presence in Egypt's offshore basin.
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Supreme Court official asks for testimony to pushed to after elections
A Supreme Court official who has challenged the handling of an investigation into claims that several high-ranking opposition politicians had taken bribes from a Swiss pharmaceutical firm, has requested that his testimony before colleagues be postponed until after Greece's general elections on July 7.
CCHBC completes Bambi buyout
Coca-Cola Hellenic has announced the completion of its acquisition of Serbian cookie producer Bambi.
The buyout is a part of CCHBC AG's strategy to cover consumers' around-the-clock needs and serves its target of transforming into a food and beverage industry.
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