Thomson Corp. expects to receive regulatory clearance to purchase Reuters Group PLC for $17 billion in the 2Q of 2008.
In December they said that the deal was to be completed in the first quarter.
The European Commission is to give its decision on the purchase by March, 10. The U.S. Department of Justice promised to give its answer on the date the European Commission does.
Reuters Group is is a financial market data provider and news service that provides reports from around the world to newspapers and broadcasters. However, news reporting accounts for less than 10% of the company's income.
Its main focus is on supplying the financial markets with information and trading products. These include market data, such as share prices and currency rates, research and analytics, as well as trading systems that allow dealers to buy and sell such things as currencies and shares on a computer screen instead of by telephone or on a trading floor like that of the New York Stock Exchange.
Among other services, the most notable is analysis of 40,000 companies, debt instruments, and 3 million economic series. Competitors include Bloomberg L.P. and Dow Jones Newswires.
Authorities of the Ukrainian National Bank will be checked for possible involvement in embezzlement of means which were allocated for refunding of a number of commercial banks. It was reported Sunday by Head of the Ukrainian National Anti-corruption Bureau Artem Sytnyk.
The Russian Defence company Rosoboronexport will sign a contract with India on delivery of 48 Mi-17V-5 helicopters and four frigates of the Project 11356P/M. While the deal on frigates, two of which will be built in Russia and two in India, will be concluded this year.
The Russian Central Bank is going to wait out years with oil price at the level of 40 dollars per barrel, while the Organization of the Petroleum Exporting Countries plans to carry out negotiations on agreement to reduce oil output. The Bloomberg analysts are at a loss whether Russia knows something the rest of the world is not aware of.
Dmitry Peskov, an official spokesman for Russian President Vladimir Putin, was discharged from hospital.
"Yes, that's true," Peskov told reporters.
About 1,600 fighters of private military company (PMC) Wagner left the war zone in western Libya, Anadolu agency reports with reference to Mohammed Kununu, a representative of Libyan government forces.
According to him, PMC employees involved in the Libyan conflict on the side of Field Marshal Khalifa Haftar departed from Beni Walid airport near Tripoli on board two military transport aircraft. Their destination remains unknown.