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Workout, breakfast between CEOS set price for Verizon-Vodafone deal - report

The USD 130 billion price tag for the recently-concluded deal between Verizon and Vodafone was agreed over an exercise session and breakfast between the firms' two CEOs.


Sawiris interested in Telecom Italia but may not submit bid

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.

Australia, Norway governments face defeat in polls despite booms- Reuters

Reuters reported that that the ruling governments of Australia and Norway would face possible defeat in polls set for this month.

Serena Williams conquers Li Na to reach US Open Finals

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.


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Startup firm BoostCTR had announced it had raised USD8 million in Series B funding and hired a new CTO for the firm.
Keval Shah had announced resignation from the company as its co-head of FIG syndicate and would take a post at Lloyds Bank.
Ford CEO Alan Mulally said he would remain as the company's head at least through 2014 following reports that Microsoft Corp. had recruited him.
The untimely demise of Zurich Insurance Group AG's CFO Pierre Wauthier was pushed into the spotlight after the insurer's CEO exited the company.
EU Competition Commissioner Jaoquin Almunia said that it would discuss a state bailout for Italian bank Monte dei Paschi di Siena with the country's Economy Minister on Saturday.
Mark Thompson of NY Times accused BBC chief Chris Patten of misleading the British Parliament after large payments for the broadcaster's staff were made after they departed the firm.
Natalie Gordon, a shareholder at Verizon Communications filed a lawsuit against the company claiming that the deal with Vodafone Group Plc was overpriced.
Anthony Weiner, the NYC mayoralty candidate, got into a heated verbal exchange with a member of the Jewish community.
Manning led the Broncos to victory in the opening game of the National Football League with seven touch down passes.
The Head of the Central Bank of China said the country had measures to cope with the expected pullback of the US monetary stimulus.