The deal will be funded via new debt facilities and a fully underwritten rights issue of 562,281,811 shares at an issue price of £1.33 per share, raising $1.15 billion, according to Reuters.
Although his United Nations remarks on the environment and the economy carried a message many liberals welcomed, Francis also affirmed church doctrine on abortion and sexuality.
The Northern Kentucky Tribune will provide on-site coverage of Pope Francis’ visit to Philadelphia this weekend. The students from New Orleans are joining students from more than 40 Jesuit schools across North America for the historic event.
Seven months after reports surfaced that Apple was looking closely at building electric cars by the end of the decade, the company is again being mentioned as pursuing an electric vehicle strategy by 2019.
A joint statement to be released following Friday’s summit between President Barack Obama and his Chinese counterpart Xi Jinping aims to flesh out how their two countries plan to achieve targets for cutting emissions set at a bilateral summit in Beijing previous year.
Volkswagen’s supervisory board will pick the head of sports-car maker Porsche as its next chief executive to succeed Martin Winterkorn who resigned on Wednesday, a source familiar with the matter told Reuters.
The billionaire businessman and leading Republican candidate tweets that Fox News has been treating him “very unfairly” and that he’s going to stop appearing on its shows.
Chris Sumner, at robotics company FANUC United Kingdom, commented: ‘After the slowdown of United Kingdom vehicle production output in July, we’ve witnessed a resurgence in August.
When the scandal broke out, Martin Wintercorn, the CEO of Volkswagen did what anyone in his position would have done in similar circumstances: saying sorry, at first and then buried the head in the sand while hoping it would slowly die down.