According to a research, almost all profits earned by the smartphone industry were from Apple and Samsung.
Sectors
Twinkies, a bit shorter but lasts much longer - Hostess
On its first day on the shelf, consumers noticed the slight reduction in size of the Twinkie. Everyone's favorite cake snack is back, but patrons of the Twinkies might notice something not quite right about it.
Renault-Nissan to put in US 2.5 billion in India
The Renault-Nissan alliance will be investing US $2.5 million in India within the next four years. Car makers Renault and Nissan Motor Co. will be jointly investing the amount of US $2.
Bally Technologies purchases SHFL Entertainment for US$1.3 billion
Bally Technologies Inc would purchase SHFL Entertainment Inc. for US$1.3 billion in its hope to expand in Asia and Australia.
SPH REIT raises US$400 million in IPO
SPH REIT raised US$400 million in an IPO. Singapore Press Holdings Ltd. (SPH) raised SGD$504 million (US$400 million) in an initial public offering, said two sources familiar with the transaction.
Latest News
After an eight-month long hiatus, Twinkies were available again for consumers. After being absent in shelves for almost eight months, Twinkies made a comeback.
GlaxoSmithKline Plc's 20% increase in sales was currently in focus due to Public Security Ministry's accusations on bribery and sexual favors.
Piedmont was asked to pay Dexia Crediop SpA and Intesa Sanpaolo SpA US$47 million due to interest-rate swap agreement.
To small businesses, Major League baseball is the perfect opportunity to boost their businesses. Yeonis Cespedes' name became known to almost everyone with a television or internet access.
Prudential Plc agreed to sell its PCA Life Japan unit to SBI Holdings Inc. for US$85 million. UK's largest insurer by market value, Prudential Plc, decided to sell its life insurance firm in Japan.
NASCAR said that it will simplify its rules and focus in technology. A restructuring of the competition structure was disclosed by NASCAR today, focusing on innovation, transparency, and efficiency.
Cipla acquired Cipla Medpro South Africa. Cipla Medpro South Africa was delisted from the Johannesburg Stock Exchange as of July 16, 2013. This was after Cipla completed its acquisition of the company for US$512 million.
Rumors of bidding war for Invensys abound. Rumors of a possible bidding war for the acquisition of Invensys Operations Management abound. This followed the announcement of Schneider Electric of its bid of about US$5 billion for Invensys.
Source BioScience was reported to place an offer for Vindon. The board of Vindon has confirmed that talks with the board of Source BioScience are at an advanced stage.
