Author: WTX News

The WTX News Teams works around the clock to deliver, breaking news and news Briefings to you on a daily basis. It is our opinion that sometimes you need information, not speculation so we try to cut through the bull**** and give you that in your Daily News Briefing.

Russia and Turkey have reportedly thrashed out the purchase of Russia’s S-400 advanced anti-missile system, USA Business News specialists Bloomberg reports. The deal will allegedly see two batteries being delivered to Turkey as well as a technology transfer. The parties to the deal, which has been in the works since November 2016, have finally agreed on the price of the contract, which should amount to $2.5 billion, the magazine reported Wednesday, citing an anonymous Turkish official. However, no time-frame has been set as to the signing of the deal yet, as the countries are still discussing the technical aspects, the…

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Logistics group Eddie Stobart has bought a 50 percent stake in a Knutsford-based provider of nationwide business-to-business express freight services. Stobart Group Ltd is a British infrastructure and support services company, with interests in energy, aviation and rail, through operations in the United Kingdom and Ireland. The well-known group, which floated earlier this year, has acquired a 50 per cent interest in Puro Ventures, which trades as Speedy Freight. The acquisition was said to complement Eddie Stobart’s service offering to business customers in the e-commerce sector and broadens its capabilities across the whole supply chain. The deal was revealed in a trading…

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