Mergers abroad cuts corporate taxes in US firms - report

American companies had been seen doing mergers abroad most likely because of the lower taxes available in their new homes.


Enterprise1 secures GBP37.5 million from UK government, private investors

New venture fund received GBP37.5 million in investment commitments from public and private investors, including the UK government, to boost the tech industry in the nation.

QInvest focuses on business strengths with new CEO

Under the leadership of CEO Tamim Al-Kawari, QInvest would move away from its non essential businesses to focus on buyouts and buyins for Qatari companies.

Aldar Properties seek bridge loan to pay off maturing debt

Aldar Properties, after being bailed out by the Abu Dhabi government, had discussed obtaining a bridge loan to pay off debts.


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French carmaker Peugeot-Citroen said it would be considering new cooperation agreements with various firms to fund its overseas expansion efforts.
Vestas Wind Systems sold six turbine factories to VTC Partners for EUR 1 to complete its asset disposal program.
TheNextWeb co-founder Boris Veldhuijzen van Zanten was confident in early-stage startups achieving entrepreneurial success in as short as a weekend or one day.
Fujitsu unveiled a new waterproof tablet with an extractor fan that would work even underwater. After launching its dustproof and waterproof tablet M702 in March this year, Fujitsu unveiled another waterproof today.
A TechCrunch report stated that the next generation iPad slated set to be launched in October would be trimmer and thinner.
Retailer John Lewis said Apple's iPad Mini would be the bestselling tablet for Christmas. UK-based retailer John Lewis told The Telegraph that Apple's iPad Mini would be the bestselling tablet this Christmas season.
Apple would be holding an event on October 22 to launch the next-generation iPad, according to technology website All Things D.
Flipkart, the largest e-commerce marketplace in India, had raised USD360 million total in investments from its recent funding round.
Microsoft Corp, fresh from its buyout agreement with Nokia Oyj, would need to convince app makers to partner with them in order to regain market share in the smartphone market.
Koch Industries Inc had announced its acquisition of a 1,055-megawatt Odessa Power plant in Texas. On Tuesday, Koch Industries Inc said that it had bought the 1,055-megawatt Odessa Power plant through its unit of subsidiary Koch Energy Services LLC.
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