During a panel discussion with Daimler CEO in Berlin on Saturday, Dieter Zetsche, said he would 'welcome' a Chinese investor. Daimler also took a 12% stake with Beijing Automotive Group.
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Sources say Cairn India to spend USD 1 billion in share repurchase
According to sources interviewed by Bloomberg, Cairn India is planning to buy back USD 1 billion worth of shares in order to give Anil Agarwal more control of the company.
Amazon Germany union workers plans further strikes
Representatives from the German service sector Union Verdi, informed the public that they plan to walk out for at least one day on Monday. It has already organized several short strikes this year in a bid to force Amazon to accept a collective agreement on a dispute over pay and work conditions.
Orange nearing deal to exit Dominical Republic unit - sources
France-based phone firm Orange is nearing an agreement to exit its unit to Luxembourg-based cable and telecommunications investor Altice, according to sources interviewed by Bloomberg.
UK to sell off 900-million-pound student loan portfolio-report
The British government will announce on Monday it has agreed a deal to sell off a portfolio of student loans worth 900 million pounds, Sky News reported on Sunday, quoting people close to the situation.
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Waze has released a new feature wherein its users are able to listen to voice navigation provided by celebrities due to its partnership with Universal Pictures.
Sheet music app Tonara rolls out interactive score synchronization to help musicians and stage techs
Tonara, an interactive sheet music app has rolled out a new score synchronization feature for the iPad. The new score synchronization feature allows musicians to review their practice sessions and in the future, power stage management functions as well.
Abu Dhabi-based investment firm, The National Investor (TNI), has appointed a new chief executive officer to replace Orhan Osmansoy, who resigned after nine years at the helm, the company said in a statement on Sunday.
Travel startup GetYourGuide, whose platform streamlines the booking of vacation excursions, rolls out to the U.S Market having successfully launched in Europe, having garnered over 210,000 European mobile users in just a month.
CEPT Systems GmbH, a Vienna, Austria-based text processing technology startup raises a total of EUR 1.5 million in seed funding. Backers of this round includes Reventon B.V and Zirngast GmbH (AT).
Matteo Stefanel, a senior partner at emerging markets-focused private equity firm Abraaj Group, has left the company, two banking and industry sources aware of the matter said.
Multichannel, a US and Hong Kong-based full-automated ad management startup secures USD 3 million in seed funding. The platform is designed to be fully automated so that companies could focus on their ad campaigns instead of focusing on their dashboard.
President Michael Sata's drive to upgrade the country's rough roads, which often become impassable in the rainy season, is popular with many Zambians like Moyo. But foreign investors, who must partly fund such ambitious schemes, are less keen on his costly promises and very public dust-ups with business.
Dubai-based pay-TV network OSN, which is planning an initial public offering, is worth about $4.3 billion post its recent acquisition of Pehla Media & Entertainment, brokerage Arqaam Capital said in a research note.
