On Sunday, Google was reported to be in close discussion to acquire Waze for US$1.3 billion. (Photo : REUTERS)The Google logo is seen on a computer monitor at Google's Hong Kong office According to reports on Sunday, Google is close to purchasing Waze for US$1.
North America
Travelers expands coverage with Canadian firm acquisition
Travelers Cos. buys Dominion of Canada General Insurance Company with $1.1 billion, increasing the company's international reach.
McDonald's Sales Increase with "Aggressive" Menu
McDonald's gained better than expected figures with aggressive advertising focused on its breakfast and Dollar menu.
Exide Tech seeks bankruptcy
Battery producer Exide Technology files for Chapter 11 bankruptcy after losing against competition. Global battery producer Exide Technologies filed for bankruptcy after it faced $31 million in interest payments in August and losing against rivals.
Manman exec gains $33 million for new company
Eighties software giant Manman's founder managed to raise $33 million for her new company, Kenandy.
Latest News
The deal between Smithfield Foods and Shuanghui International may face legal challenges as Midwest states prohibits foreign ownership over agricultural lands.
The U.S. economy might be strong enough for the Fed to start easing its monetary stimulus in the fall but the next few months could be a bumpy ride.
A US Court dismisses the complaint of Bloomberg filed against the Commodity Futures Trading Commission.
Fiat SpA can technically head off the Chrysler IPO through a buyout according to its CEO Sergio Marchionne.
Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.
EMC Corp. has followed Apple's measure of leveraging piled of offshore cash by issuing a debt against it.
Marubeni Corp. is in advanced discussions to takeover Gavilon's energy division at US$5.6 billion.
New York Stock Exchange may surrender some of its shares in the US stocks to put an end to large trading incentives.
Carl Icahn and Southeastern Asset Management are short listing potential candidates for Dell Inc CEO. after they succeeded in the proxy battle against company founder Michael Dell and Silver Lake Partners.
