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Shareholder insists Alitalia on keeping Air France-KLM as partner

Intesa Sanpaolo chief executive officer Carlo Messina wanted Italian carrier Alitalia to have Air France-KLM as its industrial partner.


Shares of Blue Solutions climb 30% in oversubscribed IPO

Blue Solutions rose as high as USD18.64 per share in the first day of its initial public offering. Blue Solutions saw its shares jump 30% from issue price in the first day of its initial public offering.

PwC to acquire Booz & Co to expand advisory and tax business

PricewaterhouseCoopers (PwC) would be acquiring Booz & Co for an undisclosed amount. A Reuters report said UK accounting firm PricewaterhouseCoopers (PwC) entered into an agreement to purchase a corporate consulting firm.

India imposes anti- dumping duty on imported paracetamol

Paracetamol is an active ingredient in many drug formulations which now is subject to a USD787 per tonne anti-dumping duty.


Latest News

Saudi Arabian Prince Alwaleed bin Talal's Kingdom Holdings is preparing to purchase more shares in Twitter when its IPO comes around.
Tablet and mobile maker hired Ashton Kutcher to provide design and marketing inputs in attempt to steal away Apple consumers.
Owners of Tesla Model S cars could now drive from the Mexican border to Vancouver thanks to the Tesla Supercharger station network.
UPS' new navigation system helps drivers use less fuel. United Parcel Service Inc. (UPS), one of the world's biggest package shipping company, uses customer data, drivers, and vehicles for its new route guidance system, according to a report by Bloomberg.
Google Inc had been going to extreme lengths to keep the purpose of its new infrastructure secret. In a report by Reuters, Google Inc went to great lengths keeping its latest infrastructure project under wraps.
RHJI renewed a deal with co-investors to successfully acquire Deutsche Bank’s BHF-Bank. In an attempt to acquire Deutsche Bank, BHF-Bank, Kleinwort Benson, RHJ International's owner, rallied co-investors.
Taiwan released fourth-generation mobile spectrum licenses wherein NCC and Hon Hai were among the bidders.
Venture capitalists said drones, largely used for military or scientific purposes, would be used for commercial purposes in the future.
According to tech website VentureBeat, professional networking service LinkedIn's mobile strategy helped the company capitalize on its minimal ad spending share in digital ads.
Twitter recently changed its design to give users a more direct experience. Twitter Inc has tweaked its design last Tuesday, Oct. 29, to provide its users direct image- and vide-sharing options within its timeline, according to a report from Reuters.