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Bombardier Signs Long-Term Maintenance Contract for Melbourne’s First High-Capacity Signalling System

The FINANCIAL -- Bombardier Transportation announced on April 18 that it has signed a contract with Metro Trains Melbourne (MTM) to provide ten years of maintenance services for its rail control solution being delivered for Melbourne’s new Metro Tunnel ...

Economic Growth in Africa Rebounds, But Not Fast Enough

The FINANCIAL -- Sub-Saharan Africa’s growth is projected to reach 3.1 percent in 2018, and to average 3.6 percent in 2019–20, says Africa’s Pulse, a bi-annual analysis of the state of African ...

Mondelēz International Opens $90 Million ‘Factory of the Future’ in Bahrain

The FINANCIAL -- To meet growing consumer demand, Mondelēz International on April 16 inaugurated its newest “Factory of the Future” in the Kingdom of ...

Private Investment in Infrastructure in Developing Countries Showed Signs of Recovery in 2017

The FINANCIAL -- Multi-billion dollar projects, more target countries, and more government support fueled a 37 percent rebound in private sector investment in developing-country infrastructure ...

World Bank Maintains FY2018 Growth Projection at 4.6 Percent

The FINANCIAL -- The forecast of Nepal’s economic growth in FY2018 remains unchanged at 4.6 percent and is expected to average 4.3 percent in the subsequent two years, according to the latest ...

P&G Acquires the Consumer Health Business of Merck KGaA, Darmstadt, Germany

The FINANCIAL -- The Procter & Gamble Company on April 19 announced it has signed an agreement to acquire the Consumer Health business of Merck KGaA, Darmstadt, Germany, for a purchase price of ...

Amazon and Best Buy Announce Exclusive Multi-Year Partnership to Offer New Fire TV Edition Smart TVs

The FINANCIAL -- Amazon and Best Buy on April 18 announced a collaboration to bring the next generation of Fire TV Edition smart TVs to customers in the United States and Canada. As a first step in ...

Executive Board Concludes 2018 Article IV Discussions with Cabo Verde

The FINANCIAL -- On March 26, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the 2018 Article IV consultation with Cabo ...

World Bank and Solomon Islands Government Sign Agreement for Innovative Community Benefit Sharing Pilot

The FINANCIAL -- The World Bank, acting as administrator of funds from the Japan Social Development Fund, on April 19 signed a grant agreement with the Solomon Islands Government for a US$2.8 ...

Annual inflation up to 1.3% in the euro area

The FINANCIAL -- Euro area annual inflation rate was 1.3% in March 2018, up from 1.1% in ...

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Bombardier Signs Long-Term Maintenance Contract for Melbourne’s First High-Capacity Signalling System

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