Shareholders sue Leighton Holdings for misleading financial forecast

Leighton Holdings got sued by own shareholders after the latter claimed they were misled with financial projections.


Saudi Prince's Kingdom Holdings to increase Twitter stake

Saudi Arabian Prince Alwaleed bin Talal's Kingdom Holdings is preparing to purchase more shares in Twitter when its IPO comes around.

Lenovo hires Ashton Kutcher to challenge Apple with long-battery life

Tablet and mobile maker hired Ashton Kutcher to provide design and marketing inputs in attempt to steal away Apple consumers.

Tesla car offers free Mexico, Canada border pass for free

Owners of Tesla Model S cars could now drive from the Mexican border to Vancouver thanks to the Tesla Supercharger station network.


Latest News

RHJI renewed a deal with co-investors to successfully acquire Deutsche Bank’s BHF-Bank. In an attempt to acquire Deutsche Bank, BHF-Bank, Kleinwort Benson, RHJ International's owner, rallied co-investors.
Taiwan released fourth-generation mobile spectrum licenses wherein NCC and Hon Hai were among the bidders.
Venture capitalists said drones, largely used for military or scientific purposes, would be used for commercial purposes in the future.
According to tech website VentureBeat, professional networking service LinkedIn's mobile strategy helped the company capitalize on its minimal ad spending share in digital ads.
Twitter recently changed its design to give users a more direct experience. Twitter Inc has tweaked its design last Tuesday, Oct. 29, to provide its users direct image- and vide-sharing options within its timeline, according to a report from Reuters.
Rosneft Chief Executive Igor Sechin to President Vladimir Putin revealed plans of the oil company to acquire the government's 20% stake in Novorossiisk Commercial Sea Port (NCSP).
Honda Motor Co's stake sale in Honda Elesys Co would encourage the cooperation of the company and its buyer Nidec Corp in capitalizing the growing demand for car electronic controls.
Private equity firms had been seen selling its ownership stakes in small and medium companies in China to gain back equity.
CVC Capital Partners would be acquiring a 69% ownership stake in Chinese restaurant chain South Beauty Investment Co Ltd for USD300 million, sources said.
The hiring of two new Energy Future Holdings Corp board directors was seen as timely as the power producer needed to decide on making its USD270 million interest payment before November 1.