After Microsoft announce the purchase of its handset business, the unveiling of the newest smartphone from Nokia is a watershed event for the future of the company.
Sectors
Hilton Worldwide names pricing terms on its new USD5.85 billion loan - sources
According to a report by Reuters, sources said that Hilton Worldwide came up with its pricing terms on its USD5.85 billion refinancing credit that would be used to finance debt that would arise from its public offer.
Mediobanca unilaterally cut its stake in Telco SpA affecting Telecom Italia
Mediobanca, one of the shareholders in Telco SpA who is the majority shareholder in Telecom Italia SpA, announced the cut in its stake in the holdings company, lowering the value of the shares of the telecommunications firm.
Safeway does 'poison pill' defense against possible takeover
Safeway, the grocery chain, received information as to the significant accumulation of shares of stock by an unnamed individual, requiring the company to protect itself from a hostile takeover.
Lamborghini unveils new car model in solid gold
Lamborghini unveiled a model of Lamborghini Aventador LP-700-4 carved out of solid gold and adorned with precious metals and gemstones.
Latest News
Analysts believed that Grand Theft Auto 5 would become a billion dollar hit. Now that Grand Theft Auto 5 (GTA 5) has finally and officially hit stores, analysts said the game was poised to become a very big hit.
The Board of Directors of Microsoft Corp approved a new share repurchase program worth USD 40 billion.
Online communication and collaboration tools provider FuzeBox had raised USD26 in its recent funding round.
In an announcement made today, BDC Venture Capital would be investing an additional USD135 million to support Canadian companies in the healthcare sector.
Burberry projects growth in the Chinese market to continue despite government crackdown on luxury goods.
Pharmaceutical company Chiesi Farmaceutici SpA agreed on Monday to acquire the remaining stake it does not own in Cornerstone Therapeutics Inc for USD9.5 per share in cash.
The Royal Bank of Scotland Group could face more lawsuits stemming from the share offering it conducted in 2008 that caused investors to lose money.
The 'grey market' is a good gauge of the market's interest in an IPO and Twitter is gaining 'high interest'.
In a bid to close the market share gap with Google Inc, Microsoft Corp's search engine Bing released its updated logo and homepage on Monday.
