IAG's restructuring of Iberia started paying for itself as the company posted operating profits of EUR 245 million this quarter.
Sectors
Thoma Bravo purchases Intuit Financial Services to recreate Digital Insight
Thoma Bravo completed its purchase of Intuit Financial Services to recreate Digital Insight. Private equity firm Thoma Bravo announced the completion of its purchase of Intuit Financial Services.
Apple in talks with China Mobile
Reuters said that Apple CEO Tim Cook and China Mobile chairman Xi Guohua recently met to talk about "matters of cooperation."
China Mobile plays a huge part in the explosive mobile growth in China - analysts
Analysts said that China Mobile would play a huge part in China's explosive mobile growth which would allow investors to continuously gain profit.
H&M launches its online store, finally
H&M finally launched its online store after its 13-year stay in the country. H&M, a Swedish fashion retailer, finally launched its own e-commerce site August 1.
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The boards of Kabel Deutschland formally endorsed Vodafone's EUR 7.7 billion bid to acquire Germany's largest cable operator.
The state government of Queensland announced that they are currently evaluating the proposal of billionaire Tony Fung for a AUD4.2 billion hotel and casino project.
Activision Blizzard Inc's CEO Bobby Kotick said that the video game publisher would conduct "business as usual."
BioShock Infinite will be coming to Mac App Store on August 29. Apple Macbook users have something to look forward to come August 29. On this date, the new BioShock Infinite will become available to Mac App Store and Steam.
Apple became the world’s most valuable company once more Thursday. Apple (AAPL) once again became the world's most valuable company Thursday. It re-took the crown from Exxon Mobil.
Sources told Reuters that Lloyd's Banking group is planning its exit from the Australian market.
Sources told Reuters that Sinopec Corp and Weatherford International are already in advanced talks for their joint venture.
Tidemark was able to raise US$13 million for its analytics services that were all cloud-based. On Thursday, Tidemark announced that it raised US$13 million for its analytics services that were cloud-based.
According to analysts, Gogo could ensure a smooth ride for investors as long as it develops its infrastructure for the travellers.
