Redknee has closed its deal to purchase the Business Support Systems business unit of Nokia Siemens Network.
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Argentina Places Alternative Plan in U.S. to Settle Credit Litigation
Argentina is making an alternative payment plan to a U.S. appeals court in the U.S. for the settlement of a litigation with creditors that hold defaulted bonds and are demanding payment of $1.33 billion.
Major Depositors in Bank of Cyprus Confirmed with Huge Losses
Largest depositors in Cypriot lender Bank of Cyprus are expected to receive bank shares worth just 37.5% of their deposits over 100,000 euros.
Blackberry Dismisses U.S. Shareholder Lawsuit
Blackberry received approval from U.S. District Judge Richard Sullivan for the dismissal of a shareholder lawsuit that was accusing it was seeking fraudulent obscurity of its falling market position.
Small Change in European Stocks Amid Cypriot Uncertainty
European stocks changed a little as Italy faces political deadlock while Cyrus struggles from uncertainty.
Latest News
Areva chief executive officer Luc Oursel told French newspaper Le Figaro that they have interest in acquiring nuclear fuel producer Urenco.
Sources say that KKR has been making a deal to buy a majority stake in French fashion brands Claudie Pierlot, Maje and Sandro
A Chinese businessman, along with his wife, has agreed to settle charges of insider trading into the Cnooc's buyout of Nexen of Canada.
Names such as the Carlyle Group, KKR and the Moulin family are bidding for the controlling stake in Maje, Sancro and Claudi Pierlot.
In a fit of saber rattling, North Korea declares a state of war with South Korea. North Korea, in another blast of rhetoric directed at Seoul and Washington, declared it was entering a 'state of war'.
The Appellate Court of New York heard the arguments on the proposal of Argentina to provide a mixture of cash and bonds to pay off bondholders.
In a harsh condition, nearly 60% of the value of deposits above Eur100,000 would be lost in the bailout package.
Michael Steinberg is the highest ranking SAC executive to be arrested for insider trading. Michael Steinberg, portfolio manager at SAC was charged with insider trading by US prosecutors.
Private equity firm KKR has entered into exclusive talks to buy a majority of French fashion brands Maje, Sandro and Claudie Pierlot, according to a source familiar with the transaction.
