The second part of the trial on patent infringement between Microsoft and Google's Motorola will continue this week.
Corporations
Acquia Hires Finance Chief as IPO Talks Begin
Acquia Inc. hired a new chief financial officer before it would start discussions with banks for an IPO.
Telefonica's backer sets stage for Royal KPN takeover
Carlos Slim gives support to Telefonica's buyout of Royal KPN NV. In a surprise move, Carlos Slim's America Movil SAB gave its 'irrevocable commitment' to vote in favor of KPN's E-Plus unit's sale to Telefonica Deutschland Holding AG.
Anadarko sells part of stake in Africa property
Anadarko sells part of its stake in Mozambique property to Oil and Natural Gas Corp. Ltd. for USD2.64 billion.
Microsoft's next CEO to face big choices: Bloomberg analysis
An analysis by Bloomberg said that the next CEO of Microsoft would face a lot of big choices to make after Steve Ballmer's resignation.
Latest News
Amgen was looking into buying more small-sized but profitable firms after its successful bid with Onyx Pharmaceuticals.
CNPC vice president Wang Yongchun is under investigation from the China Ministry of Supervision due to unspecified breaches of discipline.
MBK agrees to buy ING's South Korean unit to bring the latter's Asia exit plan closer to conclusion.
Malaysia's largest mobile phone operator has planned an IPO of its telecommunications tower assets.
OSX Brasil names new CEO. As Eike Batista's OSX Brasil SA prepares to deploy an oil platform to back $500 million in bonds, the company has named a new CEO.
Amgen acquires Onyx Pharmaceuticals for $10.4 billion. Declining sales of its flagship product pushed Amgen to a $10. 4 billion purchase of Onyx Pharmaceuticals, concluding the two-month-long auction of Onyx.
Reliance Life announced to sell a 5% stake to private, public and cooperative banks. Reliance Life, a private insurer operating in India, said that it had planned to explore distribution tie-ups with a number of banks.
ONGC announced an acquisition deal for a 10% stake in Anadarko Corp priced USD2.6 billion. ONGC Videsh Ltd (OVL) had announced its planned acquisition of a 10% stake at Anadarko Corp.
Air India Express had announced it was looking at domestic expansion to be able to compete with three current budget airlines dominating India by the end of the year.
