Corporations

SoftBank Corp. raises offer to counter DISH bid on Sprint Nextel

SoftBank raised offer to acquire Sprint Nextel in an effort to expand the company's market outside Japan.


Japan's ANA and top budget carrier AirAsia near break-up

Southeast Asian budget ariline AirAsia mulls over breaking up its joint venture with Japan's All Nippon Airways Co.

Prada sells well in Asia, to open more stores

Prada is opening at least 80 more stores after having an increase in profit driven by strong sales of its items in Asia.

Dole Food Chairman offers to buy company's shares

David Murdock offered its shareholders $12 per share in cash to buy shares of the company out of his or his family's ownership.


Latest News

The British construction company, Keller Group will be buying North American Energy Partners for its expansion in Canada.
Marfrig gets rid of it $6.1 billion debt burden, through JBS buy-out. (Photo : REUTERS)JBS employee Seara Brasil and Zenda, Marfrig's subsidiaries are sold to its rival JBS.
A US$20 billion investment is expected by Petronas for its LNG project with decisions to be finalized within this year.
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 Chief Executive Officer Christine Day is said to depart from the retail company after recent departure of the firm's chief product officer.
Idemitsu Kosan Co. planned expansion in its Singapore unit even with an impending new refinery operation to start in Vietnam by 2017.
RWE AG is struggling to find potential buyers for Dea Oil according to people who are familiar with the matter.
Las Vegas Sands Corp asked trial judge in Nevada to cancel the US$101.6 million verdict award in favor of businessman Richard Suen.
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.
Rio Tinto received numerous interested parties to purchase its stake after announcing to raise funds for debt payment.
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