The Australian Securities Exchange would be the venue for the IPO of Nine Network. The firm that owns Nine Network would start trading on the Australian Securities Exchange by December 6.
Sectors
Euro's currency at a cross roads
Some say the Euro is overvalued while others claim it is not. The founders of the Euro had dreamt of a superpower currency that can go head to head with the US dollar, to free Europe from US economic dependence.
Merlin set to close London share sale early
Merlin Entertainments was set to close its London float order books early because of the strong demand, according to a source.
Shunfeng shares rise after winning bid for Suntech’s main unit
The shares of solar-cell maker Shunfeng Photovoltaic International Ltd rose after it agreed to buy Suntech Power for $492 million.
Lamiraux steps down, Apple quiet on next iOS head engineer replacement
Apple Inc had lost its Vice President of Engineering for the iOS in Frenchman Henri Lamiraux as he confirmed his retirement in a 9to5Mac report.
Latest News
US antitrust regulators would like American Airlines and the US Airways Group to agree to concessions before giving their stamp of approval for the merger.
Whitehaven Chairman Mark Vaile said the future of the mining company is assured with the two mines it is preparing to go online.
SunPower Corp acquired Greenbotics Inc for its robots that clean solar power panels. US solar manufacturer SunPower Corp purchased Greenbotics Inc. The latter manufactures robots that can clean solar panels.
Billabong International would be selling its West 49 stores to YM Inc for CAD 9 million to CAD 11 million.
Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014. Westpac is set to increase its focus on growth for 2014, as it looks forward to another record making profit season.
The president of the Federal Reserve Bank of Dallas has called out the US leadership on its continued gridlocks in a speech held in Sydney, Australia.
Centrica decided to scrap plans for £2 billion wind farm unless the government subsidies to be given will be significantly increased.
A consortium led by Chinalco was shortlisted to bid for Glencore Xstrata's copper mine in Peru, a Chinalco executive said.
KT Corp said the mobile operator's CEO Lee Suk Chae offered to resign from his post after a raid was conducted on the firm's headquarters and his home.
