Professional Services news

In a bid to spur growth and end years of falling prices, Japan’s central bank has unveiled a larger than expected stimulus package.

China and Brazil have put the finishing touches to a currency swap deal designed to safeguard against future global financial crises.

 

Australia’s competition authority has granted initial approval to Qantas Airways to move forward with its proposed alliance with Dubai-based Emirates.

Canadian engineering consultancy Genivar has announced it will merge with its UK-based rival WSP.

 

UTC Climate, Controls & Security, a unit of United Technologies Corp, has closed on the sale of its fire and security branch operations in the US to Comvest Investment Partners. 

Swiss onboard products and services provider gategroup has won a contract with Virgin Atlantic Airways to provide end-to-end catering services for the airline's long-haul operations from the UK.

Pittsburgh, Pennsylvania-based Kroff, Inc, one of the fastest-growing water treatment companies in the United States, is expanding internationally with the establishment of operations in South America.

Sir Richard Branson's Virgin Money is said to be close to purchasing the nationalised UK lender Northern Rock.

UK transport group National Express has announced its acquisition of one the largest student transport service providers in the US.

UK bank Barclays has launched a £100 million fund for UK farmers investing in renewable energy.

Members of Norwich & Peterborough Building Society (N&P) have voted in favour of a merger with Yorkshire Building Society (YBS), the UK’s second largest building society.

UK-based banking and financial services group HSBC has announced the sale of 195 of its retail branches in the US.

Amec, the UK-based engineering and project management company, has agreed to buy the US engineering and environmental services company Mactec for $280 million.

The Competition Commission today confirmed its ruling that BAA should sell Stansted Airport and one of either Edinburgh or Glasgow Airports.