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PM Letta wants a state-backed firm to ease Alitalia merger- sources

Sources told Bloomberg that Italian Prime Minister Enrico Letta was pushing for a state-controlled firm to back Alitalia in its planned merger with Air France-KLM.


Ledermann postpones IPO due to low demand

Real estate firm Ledermann Immobilien cancelled its planned IPO today because of low demand. Swiss-based real estate firm Ledermann Immobilien said it would not push through with its planned initial public offering (IPO) anymore.

New USD 100 note has distinctive feel, new security features- report

According to a report from USA Today, the new USD 100 note has a distinctive feel and new security features.

Shareholder urges Oracle to change compensation committee

CtW Investment Group urges recomputation of compensations and urged the opposition to compensation committee.


Latest News

A source said Vodafone Group Plc was not interested in bidding for Telecom Italia's Tim Participacoes SA.
A study published in the American Journal of Medicine showed that chicken nuggets is mostly fat, blood vessels, bones and skin.
A report released by the National Venture Capital Association showed a record USD4.1 billion was raised by 54 venture capital firms in the past 12 months.
Experts expressed confidence that the new USD 100 bill would limit counterfeiting. With the redesigned USD 100 bills scheduled for delivery to banks today, experts interviewed by news website WebProNews said these bills could thwart counterfeiting.
Digital Generation (DG) announced its recent acquisition of Republic Project for USD1.4 million in cash and target-based earn-out payments.
New venture fund Flint Capital announced that it had invested an undisclosed amount in Russian task assignment platform startup Youdo.com.
The Federal Reserve would be distributing the redesigned USD 100 bills on Tuesday. The Federal Reserve would be distributing its new USD 100 bills finally to banks on Tuesday.
In an announcement today, former executives of Finam Global launched Flint Capital, a USD30 million fund that is focused on placing investments in Internet and innovative hardware startups.
Citing the national security provisions of the Investment Canada Act, the purchase of Accelero of the fiber optic network owned by MTS Allstream was blocked by the Canadian government.
Yusuf Bin Ahmed Kanoo Holdings Ltd purchased the business interests of Thomas Cook Group in Egypt and Lebanon.
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