Twitter's IPO is an indicator for future startups

Both Wall Street and Silicon Valley await how the market responds to Twitter's IPO. Twitter's IPO is not just about shares held by investors and employees.


Berkshire investments in utlitiies pays off

The earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for 40% of income for Berkshire Hathaway.

Henkel of Germany seeks EUR10 billion in sales by 2016

Germany's Henkel had made plans to increase sales in MENA for the next few years. Henkel, the German cleaning products manufacturer known for brands such as Persil and Schwarzkopf, has laid out plans to boost sales by 40% in emerging markets such as the Middle East.

South Korean firms enter into joint venture projects with Arabtec

GS Engineering and Construction and Samsung Engineering form joint ventures with Arabtec separately.


Latest News

The merger between law firms Cooley and Dow Lohnes would not absorb the latter's lobbyist group.
Merlin Entertainments was set to close its London float order books early because of the strong demand, according to a source.
The shares of solar-cell maker Shunfeng Photovoltaic International Ltd rose after it agreed to buy Suntech Power for $492 million.
JPMorgan Chase hiring practices now being reviewed by US, British and Hong Kong regulatory authorities.
The Australian Securities Exchange would be the venue for the IPO of Nine Network. The firm that owns Nine Network would start trading on the Australian Securities Exchange by December 6.
US antitrust regulators would like American Airlines and the US Airways Group to agree to concessions before giving their stamp of approval for the merger.
Whitehaven Chairman Mark Vaile said the future of the mining company is assured with the two mines it is preparing to go online.
SunPower Corp acquired Greenbotics Inc for its robots that clean solar power panels. US solar manufacturer SunPower Corp purchased Greenbotics Inc. The latter manufactures robots that can clean solar panels.
Billabong International would be selling its West 49 stores to YM Inc for CAD 9 million to CAD 11 million.
Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014. Westpac is set to increase its focus on growth for 2014, as it looks forward to another record making profit season.