Yulia Nelyubina is an internationally recognized chemist at the Russian Academy of Sciences. An overhaul of the academy pushed through by President Vladimir Putin may leave her homeless and further damage the country’s already bruised science establishment.
Reed Elsevier Plc, owner of the LexisNexis database, sold its French media unit RBI France to funds belonging to Edmond de Rothschild Group and BNP Paribas Developpement to reduce its dependence on advertising revenue.
Reed Elsevier Plc sold its Australian media business to private-equity firm Catalyst Investment Managers Pty as the owner of the LexisNexis database seeks to reduce its dependence on advertising revenue.
Reed Elsevier Plc, the owner of the LexisNexis legal database, is continuing to sell units that don’t fit its growth strategy and is planning share buybacks to counter earnings dilution from such sales.
Reed Elsevier Plc said it will spend 600 million pounds ($922 million) on share buybacks this year after earnings rose on sales in its risk business, which includes products for the insurance industry to detect fraud.