General Electric decided to exit from its local banking unit for an undisclosed amount. On Monday, Sovcombank had signed an agreement to acquire General Electric's local banking unit.
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Apple's quarter earnings report to indicate success of iPhone 5C
Apple Inc's iPhone 5C had yet to challenge the dominance of Samsung Electronics and other companies using Google Inc's Android software in the cheaper smartphone market.
Opsumit approval renews takeover interest in Actelion - analysts
Analysts said the European Commission's approval of Actelion's lung disease drug would have potential investors bid for the Switzerland-based drugmaker.
Rivals to review Google's latest antitrust proposal within four weeks - EU
A rival of Google Inc was not satisfied with the search giant's latest proposal to address antitrust complaints.
Audi, Porsche and Volkswagen distributor set to expand in UAE
Al Nabooda Automobiles had set plans to expand its German car imports operations in Dubai and Sharjah.
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Stratoscale's core product promised to make data center processes more efficent. Two entrepreneurs recently secured a USD10 million investment for its large data center software product.
Despite the negative press Bitcoin received due to the Silk Road black market scandal, industry observers believed that there would be a renewed investor interest in digital currency.
Airbnb co-founder and CTO Nate Blecharczyk said the company was not interested in releasing financial information, including its USD200 million investment round held a year ago.
A total of USD545 million in capital commitments was raised from five cornerstone investors included Chow Tai Fook Enterprises Ltd and China Vanke Co Ltd.
AMC Networks was set to own international content business Chellomedia for USD1.04 billion. According to AMC Networks Inc, it would be purchasing the international content business of Liberty Global Inc.
Apple co-founder Steve Wozniak said he thought that there was no need to upgrade to any of the new iPads as he was perfectly fine with his iPad unit for the moment.
Russian state-owned diamond miner Alrosa had reduced its capital investment expectations for its planned IPO.
UK-based security services provider G4S did not want the GBP1.55 billion offer extended by private equity firm Charterhouse Capital Partners.
Lagardere's statement released on Monday was unclear regarding its rumored exit from pay-television operator Canal+.
