The European Union Chamber of Commerce in China said there was unfair treatment to foreign firms in the China bribery probe.
Investors
Sawiris, AT&T and America Movil approaches Telecom Italia investors- source
A source told Reuters that Naguib Sawiris, America Movil and AT&T made preliminary contact with the core investors in Telecom Italia who wanted to exit the company.
Tele2 aims for 20% share in Dutch mobile phone market after rollout of own network
Tele2 said it would want to increase its market share in the mobile telephone market in the Netherlands to 20% after the roll out of its own network.
Three German companies move up to MDAX
Osram Licht AG, RTL Group and Evonik Industries would be moved to the MDAX of the Frankfurt bourse. Three major German firms would be added to the country's mid-cap index MDAX after their stocks were floated in the Frankfurt Stock Exchange in the earlier part of the year.
Bezos promises independence and optimism for the Post's future
In a town hall meeting, Jeff Bezos reassured the editorial staff of his recently purchased Washington Post of optimism in the digital age and continued independent journalism.
Latest News
A source told Reuters that La Caixa would be selling 51% of its stake in Servihabitat, a real estate firm, to TPG.
Dangote Group president and Africa's richest man Aliko Dangote signed a loan worth USD3.3 billion with 12 local and international banks to fund a USD3 billion proposed oil refinery complex in Nigeria.
Bearings maker SKF agreed to buy US-based Kaydon Corporation for USD1.25 billion in cash. The world's biggest maker of bearings, SKF, said on Thursday that it had agreed on buying US-based Kaydon Corporation in the tune of USD1.
Dixons said it would pay EUR 69 million to mutares AG for the latter's acquisition of PIXmania.
Indonesia said it planned to relax the rule that forced foreign mining firms operating in the country to own no more than 49% of their stake in the mines within ten years after production has started.
Japanese drug manufacturer Otsuka Holdings said it would be acquiring Astex Pharmaceuticals for close to USD 900 million.
South African financial services group Sanlam said it was scouring Southeast Asia to invest in a life insurer.
Cathay Pacific Airways Ltd. released an exchange statement today, voicing out its opposition against Qantas Airways Ltd. (QAN)'s Hong Kong budget carrier venture with China Eastern Airlines Corp. and gambling tycoom Stanley Ho.
The Hudson Clean Energy Partners had invested USD6 million to Siicor Materials for the latter's expansion plans.
