According to tycoon Naguib Sawiris, he is interested in purchasing a stake in Telecom Italia but may opt not to in light of the Italian press' preference for Telefonica.
Investors
Microsoft's record of deals patchy at best- Factbox
Reuters Factbox showed Microsoft's acquisitions and investments over the years had not been very lucrative for the company.
Virgin Galactic's SpaceShip Two makes record flight
The highest altitude and the greatest speed was achieved by Virgin Galactic's SpaceShip Two. SpaceShip Two of Virgin Galactic reached record speeds and altitude in tests just before it starts its plan of manned flight to space with passengers by next year.
Foreign firms in China strengthen compliance as investigations continue
Foreign companies in China strengthened their compliance of laws as authorities continue their antitrust and corruption probes.
Cancel Egypt aid or US loses billions - Pentagon official
A senior official of the Pentagon told Reuters that the US government would be in danger to defaulting weapons contract payments should they halt Egyptian aid.
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Global cruise operator Carnival Corporation & plc would be investing USD180 million from its own capital in "scrubber technology" to comply with the air emission standards of the US Environmental Protection Agency (EPA).
A new set of bidding guidelines will be utilized for the newest ultra mega power projects for the next decade.
Serena Williams routed Li Na to reach the US Open Finals this Sunday. Serena Williams breezed through the semifinals of this year's US Open. In the first game today, she defeated Li Na, 6-0, 6-3, despite the latter's heroic effort near the end of the match.
Good Morning America unveiled the rules for its "ROAR with Katy Perry" contest. Good Morning America announced the rules for their recently-launched "ROAR With Katy Perry" Contest on their website.
Generali Chairman Gabriele Galateri told Reuters in an interview that the company would be selling its stake in Telecom Italia depending on the decision made during the Italian phone company's shareholders meeting.
Private equity firm LDC would be expecting a windfall from the recent sale of energy management group Matrix and its parent company Green Sky Energy to German energy company E.ON.
President Nursultan Nazarbayev confirmed that Kazakhstan would be inking 22 deals with China worth USD 30 billion on Saturday.
Daimler CEO Dieter Zetsche told a German newspaper that they would be constructing a new car plant in Brazil.
Bruce Bent and the Reserve Primary Fund management agreed to settle with their shareholders for USD 54.5 million.
