The FCC approved Sprint's acquisition of Clearwire and SoftBank's investment on Sprint. After a unanimous vote, the Federal Communications Commission announced that it approved the transactions between SoftBank Corp, Sprint Nextel Corp.
Investors
Siemens and Stadler Planning Joint Venture
According to a report by German magazine Wirtschaftswoche, Siemens and Stadler are planning to form a joint venture.
Mervyn Davies Drafting Plan to Purchase Part of UK Shareholdings in Lloyds
Mervyn Davies is planning to purchase part of the shareholdings of the UK government in Lloyds Bank.
China demand fears hurt rubber; Asia's coffee premiums robust
The decrease in demands for China was accounted for its slowing economic growth as Asian's coffee premiums remain at multi-month highs.
China's Sunergy sustained by higher margins, shares climb
China's Sunergy reported higher first-quarter shipments and earned about US$61.7 million. Sunergy Co Ltd, China's solar panel maker, reported it gained higher first-quarter deliveries.
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In a meeting between British investors and state officials, opportunities for investments in Andhra Pradesh were discussed.
The benchmark Japanese government bond prices climbed which resulted to a proposed auction of a 30-year debt.
Minister of Food and Agriculture of Ghana Clement Humaldo urged investors to help cut down the losses from harvesting.
China and Switzerland signed in a free trade agreement today in Beijing. A new free trade agreement was signed by the governments of China and Switzerland today.
Investors said that the bond yield spike brought about by new jobs are signals to prepare their portfolios.
Asia's shipping industry was believed to be the best spot to experience recovery from the industry's worst slump.
Indonesia's cattle industry is receiving a long-awaited backing from Australian investors. After more than four years of wooing, the Indonesian cattle industry has successfully acquired much needed love from Australia.
Energisa takeover was pending court approval. A bid by Energisa SA to takeover Grupo Rede Energia SA was approved on Friday by the company's creditors.
The IRS proposed reform for the money market fund industry is set to tackle tax matters. On Wednesday, the US Internal Revenue Service recommended new regulations.
