Apple and China Mobile have finally signed a distribution deal which could be worth billions of dollars in extra iPhone revenues, the Financial Times reported.
Regions
Dutch court orders luxury jewelry retailer Tiffany & Co. to pay Swatch $449M in damages
A Dutch arbitration court on Friday ordered American luxury jewelry retailer Tiffany & Co. to pay Swiss watchmaker Swatch Group $449 million in damages over their failed 20-year joint venture.
No sellers seen even as Scandinavian phone firms say takeovers beneficial- report
There are no sellers even as Scandinavian phone companies believe that mergers would benefit not only the region but corporate earnings as wel.
Property lender Aareal Bank to takeover German rival Corealcredit Bank for €342M
Property lender Aareal Bank this weekend announced that it would takeover German rival Corealcredit Bank for €342 million. Corealcredit will be bought from American private equity firm Lone Star Funds.
Oracle to acquire enterprise software firm Responsys for $1.5B
Oracle has agreed to purchase Responsys for $1.5 billion but not including debt or a 38% premium on the the company's closing price on Thursday, December 20, The New York Times The Dealbook reported.
Latest News
US food startups like Goldbely and Mouth have made gourmet and speciality food available to consumers across the country this Christmas, the Financial Times reported.
Australia's systemically important "Big Four" banks will be required to set aside an extra 1 percent of equity capital to protect against the kind of turmoil seen during the global financial crisis under new regulations announced on Monday.
The following are mergers under review by the European Commission and a brief guide to the EU merger process.
Investors have received billions of euros from European companies so cautious about the economic outlook they could find nothing better to do with spare cash, but many now want boards to snap up rivals instead - and are rewarding them when they do.
Every day, through eyes clouded by glaucoma, Peter witnesses the spending power generated by Singapore's economic success, knowing he can only afford to look.
Two foreign investments in Chinese financial institutions this month suggest China will not turn away cash from countries it has taken diplomatic or trade measures against after blaming them for interference in its domestic affairs.
International hedge funds are increasingly targetting troubled firms in Australia, from cotton or macadamia farms to cattle stations and vineyards, expecting a nascent distressed debt market to generate double-digit returns.
Banco de Sabadell on Friday announced that it has sold its 15.8% stake in Dominican Republic's Centro Financiero BHD for $156 million. Sabadell also recently exited its holdings in Grupo BHD, Centro Partner Group, Twins Investment Partners and Grupo Financiero Leon.
Nuclear consortium Fennovoima on Saturday agreed to build a 1,200-megawatt nuclear facility with Russia's state owned corporation Rosatom. Rosatom will take a 34% stake in the group to fill a funding hole left by Germany's E.ON.
