Telus drops plans to buy-out Mobilicity. (Photo : REUTERS)Canada's 2nd largest wireless company The transfer of the license for Mobilicity's wireless spectrum to Telus was declined.
Sectors
Petronas Sees US$20 Billion Investment for Canadian LNG project
A US$20 billion investment is expected by Petronas for its LNG project with decisions to be finalized within this year.
Fannie Mae Shareholders Challenge US Takeover
Fannie Mae and Freddie Mac challenged the US through a lawsuit filed in the US Court of Federal Claims after stating that the takeover of the Federal Housing Finance Agency in 2008 was illegal and damaging to the companies.
Lululemon CEO to Retire
Lululemon Chief Executive Officer Christine Day is said to depart from the retail company after recent departure of the firm's chief product officer.
Despite Vietnam Refinery Plan, Idemitsu to Expand Singapore Oil
Idemitsu Kosan Co. planned expansion in its Singapore unit even with an impending new refinery operation to start in Vietnam by 2017.
Latest News
Japan's SoftBank announced on Monday an increase in their initial offer to counter bid by Dish Network.
Billionaire Lucio Tan is considering to exit the aviation industry by means of share sale after two decades in the business.
The Reserve Bank of India (RBI) fined three banks that includes Axis Bank, HDFC Bank and ICICI Bank for violating the "know your customer" policy.
Rio Tinto received numerous interested parties to purchase its stake after announcing to raise funds for debt payment.
Robert Ramnarine, former Bristol-Myers executive pleaded guilty to the insider trading charges filed against him.
Oil and Natural Gas Company (ONGC) India withdrew its statement last Monday after announcing a deal with Rovuma Area 1 in Mozambique.
The US Stocks were able to end up with little changes on Monday after the country's credit outlook was revised from negative to stable.
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
The Reserve Bank of India enforces penalties against three banks for money laundering and fraud violations.
