France's water management utilities, Veolia and Suez, finally merge after long battle

France's water management utilities, Veolia and Suez, finally merge after long battle

By Anna Domanska - Apr 12, 2021

Veolia and arch-rival Suez, the two French waste management utility companies, have struck a deal worth nearly 13 billion euros ($15.44 billion)to merge after months of wrangling.

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Axa gears to buy office space worth €800m in European cities

Axa gears to buy office space worth €800m in European cities

By Anna Domanska - Apr 09, 2021

Axa Investment Managers, the French fund house, is not too worried about predictions that the post-pandemic world will see more people working from home and office real estates shr

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G4S of UK to merge with Allied Universal in a deal worth £3.8 billion

G4S of UK to merge with Allied Universal in a deal worth £3.8 billion

By Anna Domanska - Mar 20, 2021

UK security firm G4S will be acquired by its North American rival Allied Universal in a £3.8 billion deal. Allied was the final winner in the months-long battle that saw other riv

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Accor reports $2.5 billion loss, hopeful of a recovery by next year

Accor reports $2.5 billion loss, hopeful of a recovery by next year

By Anna Domanska - Feb 25, 2021

Accor, Europe’s largest hotel chain, reported a $2.5 billion net loss in 2020 due to the deterioration in the industry linked to the spread of the COVID-19 virus worldwide and lo

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Prefabricated Skyscrapers by ADDP Pave the Way for Future Construction

Prefabricated Skyscrapers by ADDP Pave the Way for Future Construction

By Christy Gren - Aug 04, 2020

ADDP, a Singapore-based firm has come up with prefabricated skyscrapers, which will be aesthetic, built offsite and provide an efficient and environment-friendly way to construct

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Coachella Pushed To 2021, Live Events Companies Carry Out Deep Cuts

Coachella Pushed To 2021, Live Events Companies Carry Out Deep Cuts

By Anna Domanska - Jun 11, 2020

The Coronavirus pandemic’s tentacles have managed to strangulate almost every industry across the world. Some have suffered more than others, especially those profited from h

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Baluchon’s Mogote, a $87,500 Tiny House on Wheels

Baluchon’s Mogote, a $87,500 Tiny House on Wheels

By Anna Domanska - May 29, 2020

Baluchon, a French company that builds customized small houses, has launched a tiny house on wheels named Mogote that can comfortably sleep four people. A loft-style tiny house on

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Hertz Bankruptcy Filing Reflects Grim COVID-19 Realities

Hertz Bankruptcy Filing Reflects Grim COVID-19 Realities

By Anna Domanska - May 23, 2020

Hertz Global Holdings Inc., one of the nation’s largest car-rental companies, is the latest victim of an economic downturn spurred by the COVID-19 pandemic. The Estero, Florida-b

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CARES Act Eases Interest Costs Up To 50% Of Adjusted Taxable Income

CARES Act Eases Interest Costs Up To 50% Of Adjusted Taxable Income

By Anna Domanska - May 11, 2020

The Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) has come up with several relief measures to aid businesses to get through the coronavirus pandemic.

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