Croatia's largest shipbuilder
Uljanik, which is trying to attract investors to stay
afloat, extended a due diligence process until late next week
after drawing the interest of potential strategic partners.
Spain's third-largest bank
Caixabank has proposed to unions the layoff of 2,157
workers, or around 7 percent of the total workforce in Spain, as
part of its restructuring plan, a source at the bank said on
Kenya's biggest telecoms
operator, Safaricom, notched up one million users for
its new overdraft feature on the M-Pesa platform in just eight
days, surpassing its CEO's expectations, he said on Thursday.
Any new referendum on
Britain's membership of the European Union cannot simply be a
re-run of the 2016 vote, British opposition Labour leader Jeremy
Corbyn said on Thursday, adding that Labour policy on a new
referendum would not be set by him alone.
Britain will explore its options
for funding new nuclear plants as the cost of renewables has
fallen so sharply it could not justify much higher subsidies for
Hitachi's Horizon nuclear project which the Japanese
company halted on Friday, the UK energy secretary said.