Corporations

Siemens to close shop on solar energy businesses

Siemens to close Solel, its solar energy unit after failing to sell off the business. (Photo : Reuters)The image is the corporate logo of Siemens. Siemens, the German industrial conglomerate, has announced the shutdown the last unit of its solar energy business after it had failed to find a purchaser for the business.


Etihad to invest in Serbia's JAT Airways

Etihad Airways has forged an agreement with JAT Airways of Serbia. (Photo : Reuters)The image is the corporate logo of Etihad Airways. Etihad Airways of the United Arab Emirates has entered into an preliminary agreement with the government of Serbia as to a possible equity investment by the Gulf region airway in the country's JAT Airways.

Grupo BTG Buys Petrobras African Interests

Grupo BTG purchases Petrobras oil interests in Africa. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.

TeliaSonera's New CEO Causes Jump in Share Values

New CEO for TeliaSonera causes increase in share values. (Photo : Reuters)The image is the CFO of TeliaSonera. The share values of TeliaSonera AB rose to its highest in a month after it appointed Johan Dennelind as its new CEO.


Latest News

Tom Cady is hired as cloud-based solution firm CareCloud's new vice president for professional services.
Eutelsat Communications SA and KKR & Co are the first to place their bids for Singapore Telecommunications' Australian arm.
Cinven will buy specialty chemicals firm CeramTec for EUR1.49 billion. Cinven nears another acquisition after Rockwood Holdings, an advanced materials and specialty chemicals company intends to sell CeramTec, its ceramics subsidiary.
A spokesman said that AT&T have not made any formal proposal to acquire Telefonica, disproving recent reports on the alleged deal.
On Monday, Elan shareholders approved a share buyback and put itself up for sale on Friday. (Photo : Reuters)The image is the logo of Elan Pharmaceuticals.
Orchard Supply Hardware Stores Corp filed Chapter 11 bankruptcy protection to proceed with the sale of the company's major assets to Lowe's Companies priced at US$205 billion.
Hilco Brands purchased two brands under Portico Brand Group. (Photo : Reuters)Home improvement and consumer goods are represented by the Portico Brand.
Weyerhaeuser added about 6.6 million acres of timberland to its ownership after buying Longview Timber.
Contradicting statements from a Spanish newspaper, Telefonica said that it has not received any expressed interest from US based AT&T.
Stephane Richard, CEO of France Telecom will face his fate to whether or not retain his position from the company's board after being charged with fraud at his previous office.
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