Daniel Loeb claimed that his hedge fund owns the biggest in Sony Corp and proposed a breakup of said company.
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Indonesian stocks fall, rupia sinks further
Indonesian stocks fall to a four-month low after the rupiah suffers a setback, falling to its lowest level in three years.
Britvic to Reconsider AG Barr Merger Given Provisional Approval
Given provisional approval, Britvic reconsiders its merger with AG Barr after significant synergies could have been generated if the previous merger between the two pushed through.
AUD suffers from slow home-loan approvals
The Australian dollar fell to a three-year low due to the country's slow approval rates on home-loans.
Japan stocks rise as SoftBank acquires Sprint Nextel
SoftBank Corp. drove the growth of stocks in Asia led by Japan's gradual rise. (Photo : Reuters )Asian stocks declined and the euro plummeted to a three-week low against the dollar as fears of renewed recession in the United States forced investors to sell riskier assets.
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Marfrig gets rid of it $6.1 billion debt burden, through JBS buy-out. (Photo : REUTERS)JBS employee Seara Brasil and Zenda, Marfrig's subsidiaries are sold to its rival JBS.
A US$20 billion investment is expected by Petronas for its LNG project with decisions to be finalized within this year.
Fannie Mae and Freddie Mac challenged the US through a lawsuit filed in the US Court of Federal Claims after stating that the takeover of the Federal Housing Finance Agency in 2008 was illegal and damaging to the companies.
Lululemon Chief Executive Officer Christine Day is said to depart from the retail company after recent departure of the firm's chief product officer.
Idemitsu Kosan Co. planned expansion in its Singapore unit even with an impending new refinery operation to start in Vietnam by 2017.
RWE AG is struggling to find potential buyers for Dea Oil according to people who are familiar with the matter.
Las Vegas Sands Corp asked trial judge in Nevada to cancel the US$101.6 million verdict award in favor of businessman Richard Suen.
Telus drops plans to buy-out Mobilicity. (Photo : REUTERS)Canada's 2nd largest wireless company The transfer of the license for Mobilicity's wireless spectrum to Telus was declined.
Japan's SoftBank announced on Monday an increase in their initial offer to counter bid by Dish Network.
