November 28, 2013 2:21 pm
The merger of American Airlines and US Airways is officially given a green light by a federal bankruptcy court judge. This way the airline passengers who were trying to prevent the deal from happening by their objection are deprived of the opportunity to take further actions, which provoked a true pre-Thanksgiving storm in the country. […]
Read moreNovember 28, 2013 12:53 pm
Jolla Oy, a freshly founded Finnish smartphone maker formed by Nokia Oyj engineers, is stepping up its challenge to iOS and Android OS after its first handsets attracted vast interest from consumers looking for change. The Jolla phone costs 399 euros ($542) stripped of wireless-carrier subsidies. The company received pre-orders from 136 countries and plans […]
Read moreNovember 28, 2013 12:37 pm
The French multinational mass media and telecommunication company Vivendi SA announced that its board approved a spin-off plan that is expected to be executed over the next year. Moreover, the companys board also chose the leaders, who are supposed to be dealing with the remaining assets in order to turn the company into a smaller […]
Read moreNovember 28, 2013 10:06 am
The largest luxury-goods maker in the United Kingdom – Burberry Group Plc – made an announcement that it is going to appeal the Chinese regulators decision for restricting the companys hallmark trademark for leather goods, which is the famous check pattern design. The company made an online statement that the decision of the Chinese regulator […]
Read moreNovember 28, 2013 9:24 am
Charter Communications has reviewed a $25 billion financing deal that may clear the road for its increasingly public battle to acquire rival cable-TV provider Time Warner Cable. The US fourth largest cable operator which has been interested in Time Warner rival since the summer, has been in talks about debt financing for the deal with […]
Read moreNovember 28, 2013 8:27 am
The chips production capacities will be bought by the Israeli TowerJazz company Panasonic is obviously about to sell three of its Japan chip plants to the Israeli TowerJazz company. This was announced by some of Reuthers sources, who are familiar with the negotiations. The sale is expected to happen until the end of the current […]
Read moreNovember 28, 2013 7:57 am
US stocks rose, for a second day, extending gains for the Standard & Poor’s 500 Index, as better than forecast earnings boosted Hewlett-Packard Co. shares and led a technology rally while economic jobs data consumer confidence showed good numbers. The S&P 500 added 0.3% to a record 1,807.23 at 4 p.m. in New York. The […]
Read moreNovember 27, 2013 2:54 pm
Archer Daniels Midland Co. (ADM) has been investing its efforts in overcoming the Australian political and grower opposition, making a bid that equals 3 billion Australian dollars for the GrainCorp Ltd., which is one of the key grain handlers in Australia. More money are promised to be invested by the company when it comes to […]
Read moreNovember 27, 2013 2:17 pm
Sony Corp., which for a long time is a synonym for quality of electronic products, is seeking a US patent for “SmartWig” hairpieces that according to the company could help navigate roads, check blood pressure or flip through slides in a presentation. The wig device communicates through wireless signal with another device and may give […]
Read moreNovember 27, 2013 1:00 pm
Zoetis, the largest animal health company, became public in February, which resulted in to a close monitoring on the company carried out by some big investors interested in the animal health industry. This automatically means that Zoetis was forced to prove that it is a stable and independent enough to exist on its own without […]
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