Business Arena 16.09 | TVP World

On Friday’s episode, our host David Kennedy kicked off the show with our main stories: Germany takes over a Russian-dominated refinery, Adobe Inc buys rival Figma for $20 billion, and Switzerland will buy Lockheed Martin F-35A Lightning II fighters for $5.5 billion.

Germany has taken control of the PCK Schwedt refinery in Brandenburg, in which Rosneft has a 54% stake. The Federal Network Agency has taken over Rosneft Deutschland, which is responsible for around 12% of Germany’s oil processing capacity.

Also on the program:

Photoshop giant Adobe has announced its acquisition of Figma, an interface design application, in a deal worth $20 billion. The half-cash, half-stock purchase is the largest takeover of a private software company to ever take place.

Among other topics:

On Thursday, the Swiss government officially announced the purchase of 36 Lockheed Martin F-35A Lightning II fighter jets in a $5.5 billion deal, Reuters reports.

The United States expanded its sanctions list on Thursday, adding new Russian individuals and companies.

The Romanian government has approved a bill prohibiting public institutions from using Kaspersky antivirus software or similar products from Russia.

The source:

About Jason Jones

Check Also

How to start a career in digital design after the 12th?

​ As board exam results are announced, students are ready to move from schools to …