A deal between China COSCO Holdings and Piraeus would pave the way for privatization of the largest port in Greece.
Sectors
Findim willing to support stock sale if Telecom Italia has growth plan set
Findim Group said it would be willing to support the sale of Telecom Italia's shares for as long as a plan to return value to its shareholders was put in place.
Fotowatio Renewable Ventures scores backing for Australian photovoltaic plant
Fotowatio Renewable Ventures won financing from two Australian banks to finance its Royalla solar project.
Twitter appoints ex-Google biz unit head as Country Manager for Australia
With the opening of its new Australian unit, Twitter confirmed the official appointment of ex-Google unit head Karen Stock as the country manager for Australia.
Kingfisher Airlines sues International Aero Engines for USD 234 million
Mumbai-based Kingfisher Airlines sued International Aero Engines for engine defects. Mumbai-based Kingfisher Airlines Ltd filed a lawsuit against International Aero Engines (IAE) for defects in the planes' engines.
Latest News
Imperial Tobacco announced that it would buy the e-cigarette unit of Dragonite International Ltd in a deal worth USD 75 million.
Japanese E-commerce giant Rakuten acquired video streaming site Viki for a reported USD200 million. According to a Techcrunch report, e-commerce site giant Rakuten acquired global video site Viki and would sign a reported USD200 million buyout agreement tomorrow.
The European Commission approved the restructuring plan of BCP, Portugal's largest listed bank.
The Syrian government cancelled its tender to buy white 276,000 tonnes of white sugar two times after receiving only one offer from international traders.
Immofinanz Group said it had completed its sale of the Hilton Vienna Danube for EUR 48 million. The Immofinanz Group announced that it had sold the Hilton Vienna Danube to a subsidiary firm of Internos Real Investors.
The Japanese government said it would use public funds to deal with the radioactive water emanating from the Fukushima nuclear plant as Tepco appeared overwhelmed by the problem.
Austrian oil firm OMV announced that it had agreed to buy a 40% stake in an offshore exploration block in Madagascar from Niko Resources.
The Central Bank of Malaysia said no to the proposal of BIMB Holdings to issue Islamic bonds to fund its purchase of Bank Islam.
Rolls-Royce had sold its 50% stake in the RTM322 helicopter engine program to its program partner Turbomeca by Safran for EUR239 million or USD386 million.
