GE to freeze U.K. pension plans

GE to freeze U.K. pension plans
FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the site of the company's energy branch in Belfort, France, February 5, 2019. REUTERS/Vincent Kessler(Reuters) -General Electric Co said on Thursday it would freeze pension benefits for about 2,700 employees in the United Kingdom from January and take a related charge.GE’s pension benefit… Read More

Canadian pension fund CDPQ to invest up to $317 million in Brazil fiber network with Telefonica

Canadian pension fund CDPQ to invest up to $317 million in Brazil fiber network with Telefonica
BRASILIA (Reuters) - The Brazilian unit of Spanish telecom Telefonica SA said on Tuesday that it had agreed with Canadian pension fund CDPQ to create a joint venture to develop a “neutral and independent” wholesale fiber optic network in Brazil.According to a securities filing, Caisse de dépôt et placement du Québec (CDPQ) will invest up… Read More