February 11, 2014 9:57 am
Google Inc. has been reported to be not only the leading Internet search engine, but has also been declared as top dealmaker. According to data compiled by Bloomberg in January 2014, Google has accomplished more deals than any other company in the world over the past three years. The second place in the ranking is […]
Read moreFebruary 11, 2014 8:38 am
Vodafone revealed in a statement that mobile operators are pressed by Facebook and some other internet content providers to provide subscribers in some markets with special access to their content. The Chief Executive Officer of Vodafone – Vittorio Colao – announced that he had been asked by Facebooks Chief Operating Officer – Sheryl Sandberg to […]
Read moreFebruary 11, 2014 7:42 am
Boeing Co. announced that Air India Ltd is not satisfied with the performance of its 787 Dreamliner after some of the planes suffered defects over the last few months. The Senior Vice President of Boeing – Dinesh Keskar – said in an interview cited by Bloomberg: “Yes, they are not happy with the reliability portion, […]
Read moreFebruary 10, 2014 3:49 pm
Deutsche Telekom AG announced that it agreed to acquire full ownership of its Czech unit. The company depends on a recovery in the telecommunications in Eastern Europe, which is known to contribute almost a quarter of the carriers revenue. According to an official statement made by Mid Europa Partners LLP, 828 million Euro (1.1 billion […]
Read moreFebruary 10, 2014 2:28 pm
Barclays Plc posted a full-year profit that missed analysts estimates. Chief Executive Officer Antony Jenkinss complete makeover of Britains second-biggest bank was impaired by litigation and compensation charges. Barclays Plc, which is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services, made a […]
Read moreFebruary 10, 2014 1:11 pm
Nissan Motor Co. was reported to have become the least profitable car manufacturer in Japan despite a weaker yen which boosted earnings at most of the nations exporters. Nissan Motor made an official statement announcing that its net income rose 57% and reached 84.3 billion yen (825 million dollars) in the fourth quarter. As reported […]
Read moreFebruary 10, 2014 10:34 am
HTC Corp., once the second biggest smartphone seller in the US trailing only Apple Inc., announced that it projects losses wider than initially expected and predicts its sales will miss analysts estimates. HTC Corp. made a statement today, saying that its loss per share in the first quarter is expected to be 2.1 to 2.6 […]
Read moreFebruary 10, 2014 9:49 am
Lenovo Group Ltd officially announced that it plans to expand its smartphone business in three countries in West Africa in 2014, betting on increasing demand in Nigeria. In an interview on February 4th, Graham Braum, Lenovos General Manager for Africa, said that the company, which is currently considered as the largest personal computers manufacturer in […]
Read moreFebruary 10, 2014 9:21 am
Toyota Motor Corp. announced that it will stop building cars in Australia in 2017, just a year after Ford Motor Co. and General Motors Co. said that they also plan to exit the local industry. Toyota has been a car manufacturer in the region since 1963. The company explained its decision with high manufacturing costs, […]
Read moreFebruary 7, 2014 2:59 pm
The second-largest airliner in Europe after Air France-KLM Group by traffic – Deutsche Lufthansa AG – officially announced that the internal candidate Carsten Spohr was appointed by the companys supervisory board today as Chief Executive Officer and successor of Christoph Franz. Mr. Spohr is known for heading Lufthansas main passenger airline unit since January 2011. […]
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