Sources said Alibaba Group Holding would like to keep board control after its initial public offering in Hong Kong.
Infrastructure
Breaking News
Rosneft CEO Igor Sechin bought company shares amounting to USD 5.5 million.
Billionaire Carl Icahn announced on Twitter that he had set dinner with Apple CEO Tim Cook to discuss plans for the company's buyback program.
CenturyLink Inc would receive USD54 million from the Connect America Fund of the FCC to finance the broadband services in suburban homes of high-cost areas.
The Silicon Valley startup would use the funding to employ new engineers for its latest wearable and programmable computing device.
GIC, Singapore's sovereign wealth fund made an offer to purchase Blackstone's Broadgate asset.
CommonFloor to use luxury vehicles for taxi services.
Cairn Energy said its planned explorations in Northwest Africa and Ireland yielded up to 25% chance of success compared to its exploratory project in Greenland.
Ethiopia signed an USD800 million contract with ZTE for the expansion of the country's mobile phone infrastructure.
Technology infrastructure maker Cisco announced modest revenue growth for this quarter even as it cut its workforce to reduce costs.
Live Nation completed a debt refinancing which would cut its yearly cash interest payments by USD12 million.
UBS can now exercise option to repurchase assets from the Swiss National Bank after paying off its bail out loan.
Cuadrilla Resources suspended its oil drilling exploration in Balcombe as anti-fracking protests intensified.
The Philippine Department of Transportation and Communications said it is eyeing the possibility of rebidding the LRT-1 Cavite extension project under revised terms.
