Corporations

Iberia lifts International Airlines Group second quarter profits

IAG's restructuring of Iberia started paying for itself as the company posted operating profits of EUR 245 million this quarter.


Kabel Deutschland board endorses Vodafone buy offer

The boards of Kabel Deutschland formally endorsed Vodafone's EUR 7.7 billion bid to acquire Germany's largest cable operator.

Queensland in talks for luxury hotel and casino project

The state government of Queensland announced that they are currently evaluating the proposal of billionaire Tony Fung for a AUD4.2 billion hotel and casino project.

BioShock Infinite comes to Mac App Store August 29

BioShock Infinite will be coming to Mac App Store on August 29. Apple Macbook users have something to look forward to come August 29. On this date, the new BioShock Infinite will become available to Mac App Store and Steam.


Latest News

Analysts eased concerns about Qualcomm-Alcatel joint venture and said that the two companies would gain from the enterprise.
Be Well Hospital announced it plans to launch a second round of funding, specific details of the funding round are yet to be revealed.
Cerberus stated that it had sold their entire remaining stake in Aozora Bank, completely exiting their stake from the bank.
Apple's newest acquisition hinted a step toward the possibility of wearable gadgets hitting the market soon.
A source said that Hasting's Utilities Trust of Australia was nearing an agreement to purchase Phoenix Energy from Terra Firma Capital Partners
Rod Duke of Briscoe Group revealed that the company wanted to make investments or acquisitions with its growing cash reserves.
Lesedi Council and a group of investors headed by Flanagan & Gerard announced a plan to construct a 35,000 square meter mall in Heidelberg, South Africa.
Paladin Energy Ltd announced plans to sell shares to institutional investors. Paladin Energy Ltd plans to sell shares to institutions after the conclusion of talks to sell a stake in the company's Langer Heinrich mine located in Namibia.
BioteQ Environmental Technologies Inc. announced that they have agreed Jiangxi Copper Company to set up a water treatment facility at the Yinshan Mine site.
A consortium of investors led by EME Capital offered GBP2.9 million to buy out Theo Fennell. Upmarket jeweller Theo Fennell revealed that it had decided to be taken private in a GBP2.
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