Deals
Unnamed investor bids top price for Steinway shares
Steinway Musical Instruments said that another investor topped the USD 35 per share offer of Kohlberg & Co with a bid of USD 38 per share.
Greece sells 33% OPAP stake to Emma Delta
Greece completed the sale of the 33% stake it held in OPAP SA to Emma Delta fund for EUR 652 million.
HTC pays Iron Man star USD 10 million for commercial
HTC Corp was said to have paid USD 10 million to Robert Downey Jr to endorse the brand in a TV commercial.
PAL nears completion of joint venture with Cambodia firm
PAL Holdings Inc assistant corporate secretary announced that the joint venture of Philippine Airlines with a Cambodian firm would be finalized this October.
Latest News
A unit of San Miguel Corp remained the only bidder for ALECO after Aboitiz Energy and Manila Electric backed out.
Japanese printer maker Brother Industries opened a new manufacturing plant in the Philippines. Brother Industries, a printer maker based in Japan, opened a new manufacturing facility in the First Philippine Industrial Park in Batangas.
California's legislation to "bottle the sunlight" attracted venture capitalists and other major companies in an energy race to 2020.
One of the first victims of the Snowden affair was the closure of secure email service provider Lavabit.
The PGA tour is not just about winnings, its about charity given to the communities who host them. In the third round of the PGA Championship, Jason Dufner was holding a two shot lead.
India announced the activation of the atomic reactor of its first nuclear submarine, a first step for the completion of its nuclear triad.
UN General Assembly President Vuk Jeremic lauded the strong growth posted by the Chinese economy. Vuk Jeremic, the President of the United National General Assembly, told Chinese media that the world's second largest economy was among those that posted the strongest growth globally.
Pioneer oil driller Chesapeake Energy decided to just drop their claims of retaining land leases after two years of legal battle with landowners.
French President Francois Hollande said he would continue to stimulate the jobs market to chip down the soaring unemployment numbers in the country.
A private survey revealed that China's PMI for the services sector showed signs of growth. The HSBC/Markit Purchasing Managers' Index (PMI) survey for the services sector in China showed signs of improvement.