Today: September 23, 2024
Today: September 23, 2024

DSV ahead in bidding for Deutsche Bahn's Schenker, sources say

FILE PHOTO: A DCP (Dettmer Container Packing) employee checks the container during a press tour of Deutsche Bahn logistics unit Schenker at the harbour in Hamburg
September 06, 2024
Reuters

BERLIN (Reuters) - Danish transport firm DSV is slightly ahead in the bidding race for German state railway Deutsche Bahn's logistics unit Schenker, several people familiar with the sales process told Reuters on Friday.

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Apollo eyes $5 billion investment in Intel, Bloomberg News reports

U.S.-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel, Bloomberg News reported on Sunday.

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Spending deal averts a possible federal shutdown and funds the government into December

Congressional leaders have a deal on a short-term spending bill that will fund federal agencies for about three months

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California governor signs law banning all plastic shopping bags at grocery stores

“Paper or plastic” will no longer be a choice at grocery store checkout lines in California under a new law signed by Gov. Gavin Newsom

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Australia's REA sweetens takeover offer for Britain's Rightmove to $8.1 billion

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Citigroup's China expansion held up by US regulators, Bloomberg News reports

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Oil edges up following US rate cut move, geopolitical concerns

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Some 40% of regions, cities and companies lack emissions-cut targets, survey says

Some 40% of regions, cities and companies lack emissions-cut targets, survey says