Tag #Privatization

theglobeandmail.com
🌐 65% Global Worthiness
News related image

Ontario Spends \$612 Million to Speed Up Alcohol Sales Liberalization

Ontario's government spent an extra \$612 million to accelerate the expansion of alcohol sales by 17 months, enabling more convenient access to beer and wine beginning August 2023, a move driven by Premier Doug Ford's electoral plans and commitment to liberalize alcohol sales, despite a pre-existing...

Progress

52% Bias Score

Responsible Consumption and Production
es.euronews.com
🌐 75% Global Worthiness
News related image

IAG Leads Bid for \$1 Billion TAP Stake

IAG is the frontrunner to buy a \$1 billion stake in Portugal's TAP airline, outbidding Lufthansa and Air France-KLM; however, the deal faces regulatory hurdles and concerns about diluting TAP's Portuguese identity.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
News related image

Nordstrom Raises Sales Outlook After Strong Holiday Season

Nordstrom raised its full-year sales outlook to 1.5%-2.5% growth after exceeding holiday sales expectations, driven by competitive pricing and a strong product offering; however, profit guidance remained unchanged, and a buyout deal is planned for the first half of 2025.

Progress

36% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 75% Global Worthiness
News related image

Debate on Privatizing Israeli Broadcasting Corporation: Economic Viability and Public Discourse

Guy Rolnik's critique of Israeli Broadcasting Corporation's privatization fuels a debate about its economic viability and role in shaping public discourse, raising concerns about cost to taxpayers and its effectiveness in the current media landscape.

Progress

56% Bias Score

Reduced Inequality
nrc.nl
🌐 75% Global Worthiness
News related image

Dutch Parliament Defies EU, Keeps Volksbank State-Owned

The Dutch Parliament voted to maintain Volksbank as a state-owned bank, defying the finance minister and potentially violating previous agreements with the European Commission requiring privatization after the 2013 financial crisis.

Progress

44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
News related image

Republika Srpska's Power Plants Face Collapse Due to Mismanagement

Mismanagement and neglect of Republika Srpska's power system, coupled with concessions granted to private companies, caused coal shortages at Ugljevik and Gacko power plants, forcing the state-owned Elektroprivreda RS to import electricity and request price hikes, incurring daily losses of approxima...

Progress

56% Bias Score

Affordable and Clean Energy
de.euronews.com
🌐 85% Global Worthiness
News related image

IAG Frontrunner to Acquire \$1 Billion Stake in TAP Airline

International Airlines Group (IAG) is the frontrunner to purchase a \$1 billion stake in Portugal's TAP airline, aiming to consolidate the European airline industry and leverage TAP's strong Brazilian routes; however, regulatory hurdles and concerns about preserving TAP's Portuguese identity remain.

Progress

36% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 85% Global Worthiness
News related image

Syria Plans Privatization and Foreign Investment to Boost Economy

Syria's interim government, attending the Davos World Economic Forum, announced plans to privatize state assets, attract foreign investment, and ease sanctions by addressing the HTS issue; this marks a shift from the previous regime's focus on security.

Progress

48% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
News related image

Impsa Privatization: Argentina Sells State-Owned Metalworks Company

Argentina privatized its state-owned metalworks company, Impsa, selling 85% of its shares to Arc Energy for $27 million, aiming for a zero-deficit budget and despite a $600 million debt.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
News related image

Nordstrom to Go Private in \$6.25 Billion Deal

Nordstrom, founded in 1901, will become a privately held company in a \$6.25 billion deal with the Nordstrom family (50.1%) and El Puerto de Liverpool (49.9%), closing in the first half of 2025; current shareholders will receive \$24.25 per share.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Kretinsky's Royal Mail Takeover Approved, Raising Financial and Security Concerns

The UK government approved Daniel Kretinsky's £3.6 billion takeover of Royal Mail on Friday, despite concerns about his Russian business ties and the deal's financing, requiring 75 percent shareholder approval and including guarantees to protect the postal service.

Progress

40% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
News related image

Republika Srpska's Energy Crisis: Coal Shortages and Price Hikes

Mismanagement of Republika Srpska's power system, marked by the granting of coalfield concessions to private companies, has led to coal shortages at Ugljevik and Gacko thermal power plants, forcing the region to switch from electricity exporter to importer and resulting in a 7.9% price hike for hous...

Progress

44% Bias Score

Affordable and Clean Energy