GDF Suez acquires Balfour Beatty Workplace for under USD 295 million

GDF Suez announced that it will be buying Balfour Beatty Workplace by the end of the year for less than GBP 190 million.


South Korean internet corporation NHN split due to growing rivalry of founders

NHN, a South Korean internet corporation, split because of the growing rivalry of founders in terms of their individual mobile messenger enterprises.

Joint venture Ford Sollers reduces production in Vsevolozhsk plant

Ford Sollers said it will be reducing production of compact cars made in its Vsevolozhsk plant. Ford Sollers announced that it is slated to reduce production in its Vsevolozhsk plant located near St.

Carlos Slim's America Movil offers EUR 7.2 billion or USD 9.6 billion for KPN's E-Plus

America Movil offered to buy KPN's E-Plus for EUR 7.2 billion or USD 9.6 billion, a move that rivaled Spain Telefonica's bid made last month.


Latest News

Universal Display boosted its full-year forecast to US$125 million from only US$110 million due to the increasing demand for LED.
Amazon launched the latest Mobile App Distributing program which could optimize the web app for distribution to smartphones.
Nokia Corp accounted for 81% of all the Windows Phone shipments allowing Windows Phone to increase its market share to 3.7%.
Nvidia projected a current-revenue of US$1.05 billion, plus or minus 2%, which was below analysts' estimates.
Apple generated US$4 billion from iTunes software and services during the second quarter. Apple's iTunes Store has been a relevant source of income and a core to the tech giant's ecosystem.
Nikon cut its full-year shipment target to 6.5 million from 7.1 million units as mirrorless cameras began to lose their shine.
According to Consumer Intelligence Research Partners, first time smartphone buyers would prefer Android units while repeat buyers would choose Apple products.
Nuance Communications recorded its highest price since May after Carl Icahn reportedly increased his stake in the speech recognition software developer.
BlackBerry is the first mobile maker to secure the US Defense Department's device administration approval.
The Riverside Company sold Capol, one of their exceptional investments, to Freudenberg Chemical Specialties.