Siemens books EUR400 million after NSN stake sale

Siemens will gain EUR400 million from selling stakes in Nokia Siemens Networks. Siemens's recent exit from its Nokia Siemens Networks stake will net the engineering group a total of EUR400 million or US$530 million, according to the company's chief executive Joe Kaeser.


Apple and China Mobile's cooperation talks beneficial for both companies

The recently-held talks between Apple and China Mobile could benefit both companies. The recently-concluded talks between Apple CEO Tim Cook and China Mobile Chairman Xi Guonhua could be beneficial to both, Reuters said in a report.

NXT Capital finishes senior debt fund raising

NXT Capital raised US $783 million after it finished its senior debt fund raising. Chicago-based NXT Capital said it closed its US $783-million Senior Loan Fund II, L.

Sweco acquires Vectura from Swedish Government

Sweco completes the acquisition of Vectura, making it the largest single company to offer engineering consultancy in Sweden.


Latest News

Microsoft and Steve Sinofsky's entered into a "non-disparage" agreement. Steeve Sinofsky, a former chief of Windows, entered into a "non-disparage" agreement with Microsoft.
Google's search results were scrutinized by EU antitrust regulators. Google's search result was scrutinized by EU antitrust regulators. A European Commission questionnaire asked Google's rivals if lower rankings had any effect with regard to the number of visitors to their sites.
Nexon placed investments on Western gaming firms to expand its market. Korea's largest gaming company Nexon announced its plans to expand its reach within the markets in the West, starting with a deal with Rumble Entertainment.
Industrial Opportunity Partners and Owner John Zobl announced its partnership to recapitalize Betty Machine Company Inc.
Google will provide Starbucks' Wi-Fi services, replacing previous supplier AT&T. According to an online announcement by Google, the worldwide search engine leader will be granting free and faster internet access to all Starbucks customers in the United States.
Isis announced its plan to launch its mobile payment service this year. Isis announced its plan to expand its mobile payment service. The service, which has long been delayed, will be launched within the year and will cater to consumers nationwide.
The South African lender is in negotiations to sell its London unit to Industrial and Commercial Bank of China, its biggest shareholder.
EADS said it will now be known as Airbus Group. EADS confirmed that it will undergo a name change. The European aircraft maker announced that it will now be called Airbus Group.
Apple's "pinch to zoom" patent was rejected, again, by the USPTO. Apple's claim to the "pinch to zoom" patent has been rejected by the United States Patent and Trademark Office (USPTO), again.
The heads of Apple and China Mobile came together to discuss a possible cooperation. Tim Cook, Apple's CEO, met with China Mobile Ltd. Chairman Xi Guohua in Beijing Tuesday.