Azimuth changed its board members prior to Troy Resources' takeover. Azimuth Resources Limited, a company involved in the exploration of gold and uranium in Guyana, announced that there would changes its board members prior to Troy Resources Limited's takeover of the company.
Investors
Sources: EU and China on talks about solar panel deal
The European Union and China hope to defuse conflicts by negotiating about a solar panel deal. On Friday, the European Union and China were finally moving in the direction of a new contract.
UPDATE: Seibu and Cerberus Meet, No Listing Agreements Yet
Seibu Holdings Inc of Japan met with its top shareholder, Cerberus Capital Management LP last Friday along with two other big Seibu shareholders.
HTC's profit upsurge halts as bigger rivals become more innovative
HTC Corp's increase in profit were expected to stop due to advancement in its bigger rivals' technology.
HSBC closes retail banking and wealth management in South Korea
HSBC Holdings Ltd would exits its retail banking and wealth management business in Korea to focus more on the profitable enterprises.
Latest News
Etihad announced that they are near to closing deal with JAT Airways Etihad Airways announced that they are close to coming to an agreement over an equity investment with JAT Airways.
British Land announced its acquisition of a west London office complex over a deal priced at GBP470 million.
NTT DoCoMo of Japan still refused to make a deal with Apple resulting to the lessening number of customers.
According to sources, Cerberus Capital Management LP and Seibu Holdings Inc would meet to discuss possible listing on the Tokyo Stock Exchange said on Friday.
Panasonic Corp decided to close its Hungarian solar cell plant after the yen weakened and would transfer its equipment to other plants in Asia.
Telenor appointed Stein-Erik Vellan as CEO of Globul. Telenor announced Stein Erik Vellan as the new CEO of Globul, Bulgaria's second largest mobile operator, with a 36% market share.
General Motors wanted to compete with Japanese auto-makers who dominate Indonesia by launching its no-frills Spin van.
Telecom Italia announced that it had ended contacts with Hong Kong based Hutchison and directed its focus to spin off its fixed network and make it an independent company.
1Malaysia Development Bhd acquired a local power plant for US$380 million. 1Malaysia Development Bhd (1MDB), a state-owned company, announced that it would pay an estimated US$380 million for the acquisition of a local coal power plant.
