Softbank says no firm plans in the offing for Alibaba IPO

The CEO of Softbank Corp said that there is no "firm plan" in place for the widely-anticipated Alibaba IPO.


Centrica expects to close on deal on USD 1 billion on US oil group buy

Centrica announced that it expects to close its USD 1 billion buy of Hess's Energy Marketing this year.

Alcatel rebounds in strong growth, beats estimates

Alcatel rebounded with strong growth that beat estimates. Alcatel-Lucent rode in strong growth and beat analysts' estimates. The struggling telecom equipment maker posted this strong growth for its key US market.

Apple's response to Pegatron's claimed labor abuses

Apple issued a statement in response to Pegatron's claimed labor abuses. Apple responded to claims that its Shanghai-based manufacturer, Pegatron, was involved in labor abuses.


Latest News

A source that was familiar with the discussions on the Teck-Iron Ore deal said that Teck Resources Ltd was among few bidders battling to acquire Rio Tinto Group's controlling stake in the Canada-based firm.
Samsung was nearing the completion of its planned purchase of Novaled AG. Samsung Group was reported to be nearing the completion of an acquisition agreement with Novaled AG, a German company that made materials used to light up television screens and smartphones.
Last episode saw the dramatic exit of Desiree Hartsock of "The Bachelorette". It seemed that the extended finale of "The Bachelorette" may be worth it.
The U.S. Solheim Cup Team named Antigua Group as official licensee for 2013 for the second consecutive competition.
Alcatel-Lucent announced that Qualcomm has bought a minority stake in its company as part of its research partnership.
Time Warner Cable agreed to keep CBS on air after both sides failed to agree on fees. After the two sides went on a stalemate on talks over fees, Time Warner Cable relented to the request of CBS to keep the network on air.
Grans Cru, dubbed as Helsinki's next mobile hitmaker, acquired Eur8.5 million in series A funding.
Today, New Source Energy Partners (NSLP) announced its acquisition of energy properties from Scintilla LLC valued at USD3.8 million.
EDF and partner Exelon agreed on a future exit from the US nuclear market. EDF and partner Exelon have agreed to exit from their joint venture CENG in the near future.
China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.
Real Time Analytics