Infrastructure

Putin, Erdogan Supports Gas Pipeline

The two statesmen had signed the agreement on the said "Turkish Stream" project. The project is about building a gas pipeile from the Black Sea to Turkey. This will be then distributed to European Union nations.


General Electric Eyes on Investing $150 Million in Nigeria

U.S. industrial firm General Electric (GE.N) plans to invest around $150 million in Nigeria by 2017..

Greene Touch Empowers Google Dealing With Home Depot

Google has been witnessed to expand its client service network under the direct leadership of former VMWare co-founder Diane Greene. Google Cloud Platform has announced winning Landing Home Depot as i..

China’s State Backed CRR Corp. Unit Bags $1.3 Billion Chicago Rail Car Contract

Chicago Transport Authority has planned to replace 2,600 age old rail cars with 846 units of 7000-Series cars. CTA has awarded the $1.3 billion deal, the largest purchase in its history to a unit of C..


Latest News

Allianz nears deal to outsource IT services
German insurance firm Allianz announced that it is nearing a deal to outsource its information technology services.
Holcim and Cemex discussing possible means to address difficulties both face in Europe
Holcim would pay Cemex to absorb some of its businesses in Europe.
Rexnord acquires Micro Precision Gear Technology assets
Rexnord Aerospace announced acquisition for Micro-Precision Technology assets that would allow the two companies to expand their portfolio..
Barclays Bank Kenya finances Marriot Drilling's rig
Barclays Bank of Kenya signed a financing deal with the African unit of British oil explorer Marriott Drilling worth USD 13 million.
Alibaba keen on controlling board after IPO: sources
Sources said Alibaba Group Holding would like to keep board control after its initial public offering in Hong Kong.
Rosneft CEO purchases USD 5.5 million shares
Rosneft CEO Igor Sechin bought company shares amounting to USD 5.5 million.
Icahn sets Dinner with Apple CEO for Buyback talk
Billionaire Carl Icahn announced on Twitter that he had set dinner with Apple CEO Tim Cook to discuss plans for the company's buyback program.
CenturyLink receives USD54 million FCC grant
CenturyLink Inc would receive USD54 million from the Connect America Fund of the FCC to finance the broadband services in suburban homes of high-cost areas.
Telepathy raises USD5 million to create Google Glass' rival
The Silicon Valley startup would use the funding to employ new engineers for its latest wearable and programmable computing device.
GIC acquires Blackstone's Broadgate stake in London
GIC, Singapore's sovereign wealth fund made an offer to purchase Blackstone's Broadgate asset.
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