Investors reacted extremely negatively to a message from Framatome, a subsidiary of Electricite De France, about some "deviations" in the welds of already manufactured and delivered components for nuclear power plants, as well as in new products of the enterprise. On Tuesday, September 10, Framatome announced start of “additional research” regarding the identified deviations in the welds of the...

The layoffs affected the fixed income securities division. Deutsche Bank's restructuring has reached a fixed income securities division, Bloomberg reports. According to the publication, the credit institution is downsizing dozens of traders and other employees. The new measures will affect departments involved in highly profitable assets, as well as troubled debts and investments in New York...

SmileDirectClub, a US orthodontic bracket service that works with clients without the direct involvement of doctors, expects to raise up to $ 1.287 billion through an initial public offering on the Nasdaq, the service said. The company filed an IPO in mid-August. Now the firm has named the price range of the offering: it wants to place 58.5 million Class A shares under the SDC ticker at prices...

The decision to appoint a new Chairman of the Board of Directors to replace the Saudi Arabian Minister of Energy, as noted, was made in order to "avoid conflicts of interest" before preparing for the initial public offering of Saudi Aramco. The change of leadership at Saudi Aramco also strengthens the position of Crown Prince of Saudi Arabia, Mohammed bin Salman. Many witness that Yasir...

The company’s US division was bought by the French Total for $ 15 million. Japanese Toshiba left its American LNG business. The company completed sale of its Toshiba America LNG division to the French Total. The deal amounted to $ 15 million. The decisive factor for the conglomerate in favor of selling the American asset was a sharp drop in prices for liquefied natural gas in Asia. At the same...

Japanese Sony decided to sell its entire stake in the manufacturer of endoscopes, photographic equipment and optics Olympus back to the company itself for 80.4 billion yen ($ 762.88 million). Sony will sell 68 million 975.8 thousand shares of Olympus (5.03% of the capital) at the closing price on Thursday (1,165 yen), according to a press release from Sony. Sony bought an 11.5% stake in Olympus...

British oil giant BP Plc has reached an agreement to sell its assets in Alaska to Hilcorp Energy Co for $ 5.6 bln, Reuters writes. Thus, BP is leaving the region where the company has been operating for sixty years. In particular, BP is selling a stake in the Prudhoe Bay oil field and a part of Trans Alaska Pipeline . Under the deal, Hilcorp Energy Co will make an initial payment to BP in the...

KFC fast food chain launched vegan Beyond Fried Chicken with chicken substitutes in a restaurant in Atlanta. “It’s confusing, but it’s amazing,” the company said. The menu of this restaurant will include "boneless wings" from the same manufacturer. The wings will cost $ 1 each, and nuggets will cost $ 6.49 for six and $ 8.49 for a dozen, CNN reports. The experiment is supposed to be limited to...

The oil company wants to invalidate the $ 2 million fine from the US Treasury. ExxonMobil and the US Treasury will meet in a Texas court over Russian oil company Rosneft, or rather, over a fine that the agency imposed on the American oil company, accusing it of violating Washington’s anti-Russian sanctions. However, the oil concern believes that they did not violate anything: at the time of the...