Motorola acquires UK's Airwave for $1.2 billion to enhance its service business in mobile communication.
Regions
GE turns down $3.3B Electrolux acquisition
General Electric Co. terminated the agreed $3.3 billion acquisition of Sweden's Electrolux AB on its appliance business. According to The Wall Street Journal, GE was under pressure by the U.S. Justice Department, which was blocking the sale due to antitrust issues.
A long-stretched financial winter looms over Hong Kong
Hong Kong's international financial hub is reeling under pressure as the world's largest and second largest economies are impacting it more in a negative way.
Ferrovial offers Broadspectrum A$715M in Cash
A Madrid base service and infrastructure company, Ferrovial SA offered a total of A$715 million in cash to acquire more than half of stakes in Broadspectrum Ltd. The new offer makes by the company comes after the Australian company rejected its previous offer a year ago that value the company at A$1 billion.
Bugatti partnered with Palmer Johnson to create $3.5M super-yacht
Bugatti partnered with Wisconsin-based Palmer Johnson to develop an open-superyacht called Niniette, which costs $2.1 million to $3.5 million.
Latest News
Teva pharmaceuticals which is said to be the world's largest generic drug maker has joined hands with Takeda Pharmaceutical Co, for a definitive agreement to sell generic drugs in Japan.
A team at the University of Washington has published a study showing that it seems possible for robots to learn tasks and goals by watching and imitating human actions.
Armored vehicle maker INKAS unveiled an armored version of Mercedes-Maybach S600 luxury sedan. The armored S600 offers a bulletproof body that meets European CEN 1063 BR7 standards. The armored Maybach S600 will be on sale next year and priced at $500,000.
Ford recalls 450,000 Fusion, Mercury Milan midsize cars that the gasoline tanks possible can leak fuel.
Nielsen's inaugural "Comparable Metrics" report revealed that the high rate of smartphone usage is eating up our time spent on watching TVs. The people aged from 18 to 34 year, who use their phones as streaming devices have risen to 26 percentage as compared to last year.
China shows support to its long-time ally, Africa, by providing the continent funding support worth $60 billion.
Japanese startup aroma sensor developer Aroma Bit has appointed Batara Eto and Atsushi Tanaka as its advisors.
Liquid metal particles created by researchers have shown that they can send chemotherapy drugs directly to cancerous cells and also allow doctors to find cancerous areas.
JPMorgan Chase has teamed up with On Deck Capital to accelerate the loan processing for the small business segment. On Deck Capital is an online provider of high-cost lending and will offer its technology platform for JPMorgan to speed up loan processing for its four million customers. JPMorgan will launch new Chase product in 2016 taking care of small-dollar loans.
