Acquisition causes drop in Regus profits

Regus suffered a 3% drop in first half profits as a result of the restructuring costs of its earlier acquisition.


Telekom Austria looks to raise EUR500 million

Telekom Austria plans to raise EUR500 million to buy new frequencies and acquire companies. With the objective of purchasing new frequencies in a September auction and acquiring companies, Telekom Austria has planned to raise EUR500 million in fresh capital, the Der Standard reported.

Buzzfeed and others pair the wrong reaction photo to Miley Cyrus' VMA performance

Buzzfeed, and even new outfits Fox News and MSNBC used a wrong reaction photo of the Smith family on Miley Cyrus' recent MTV Video Music Awards performance.

Trussardi might sell minority shares in the future- newspaper

Italian fashion company Trussardi said it would sell minority shares in the future if it needed to. Trussardi might offer a minority stake in the future to interested parties if it needed to.


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BBA Aviation confirmed reports that it is planning to merge with StandardAero and that it has already bought Maguire Aviation.
Niger plans to purchase Semafo's 80% stake in the Samira Hill mine in order to take full control of the project.
Mitchell Klipper, head of the retail group at Barnes & Noble, sells 400,996 shares, giving up more than half of his stake in the company.
The U.S. Supreme Court dismissed a shareholder derivative lawsuit filed against UBS by pension plans in Puerto Rico.
Fission Uranium considers taking offer to shareholders of Alpha Minerals after company refuses buyout discussions.
Daniel Loeb's New York-based hedge fund increases its stake in Sotheby's to 5.7%. A regulatory filing showed Monday that Third Point LLC, investor Daniel Loeb's New York-based hedge fund, had increased its stake in Sotheby's to 5.
China's Vice Finance Minister says there is no need for Chinese government to stimulate the world’s No. 2 economy.
Due to rising concerns over Syrian geopolitical issues, Asian stocks experience a decline as oil prices rise.
Bitcoin Foundation joins U.S. regulators in FinCEN-hosted discussion regarding digital currency. Financial Crimes Enforcement Network (FinCEN) director Jennifer Shasky-Calvery hosted a discussion with members of the Bitcoin Foundation.
U.S. judge approves USD20 million Facebook settlement on lawsuit over targeted ads. A U. S. judge granted final approval on Monday to Facebook's USD20 million settlement despite objections from plaintiff's that the lawsuit failed to cover children's privacy.