Industry

Vodafone to sell only when more value given for its 45% share

Vodafone, to entice it to sell off its share in the joint venture with Verizon Communications, would require something between US$135 billion and US$140 billion.


A US$12 Billion Market Value Loss for Samsung Electronics

Samsung lost US$12 billion market value after the slowing sales of its flagship smartphone, Galaxy S4.

Economic Miracle in Myanmar Depends On Natural Gas Bounty

Myanmar opens its doors to foreign investors to explore the country's abundance in natural gas.

Smithfield Strengthens US Contradictions over Benefits of Chinese Deals

The acquisition of Smithfield Foods Inc. by a Chinese company has raised contradictions in the US over its benefits.


Latest News

Glencore Xstrata is banking on US LNG boom to allow market entry into the tight knot LNG trading market.
American International Group Inc. (AIG) gets missed payments from a buyer group in China. (Photo : REUTERS)American International Group Inc, the insurer rescued by the U.
Orascom Construction Industries (OCI) plans to sell minority stake it has in a Texas methanol plant.
Rio Tinto Ltd. calls for final bidders for their majority stake in Northparkers copper mine in Australia.
Recent announcement stated the investment of US$135 million by Goldman Sachs in India-based energy company, ReNew Power.
MTS is discussing acquisition of Akado, a major broadband and cable TV provider in Moscow, Russia. Last Wednesday, Kommersant Daily reported that MTS is in discussion to acquire Akado, a major broadband and cable television provider in Russia.
Bill Gates leads investment of US$35 Billion for ResearchGate, a Berlin based network for scientists.
Fiat launched the first part of the three-part financing deal to refinance current loans of Fiat and Chrysler prior to engaging a deal to buy out the rest of Chrysler.
Real estate investment trust fund, American Homes 4 Rent files US$1.25 Billion IPO for its Class A shares.
Cinven Ltd, KKR & Co LP and Warburg Pincus LLC are weighing deals to bid for PRA International, a clinical research group.