Oracle and NetSuite unveiled an alliance agreement to deliver cloud-based services to business clients.
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DriveCam Selects Banks for IPO
DriveCam, a California based firm that develops technology focusing in curbing driver errors was in discussion with banks for an initial public offering.
CDW Decreases IPO Size
US technology products retailer, CDW announced cut down on the size and price of its initial public offering.
Australian Regulator Approves ADM Acquisition of GrainCorp
ADM proposed takeover deal of GrainCorp overcame its first regulatory hurdle with the Australian watchdog.
GM Expands Operations in Mexico
GM set to expand its operations in Mexico. (Photo : Reuters)The image is a GM parking lot with recently manufactured vehicles in a row. Last Wednesday, General Motors Co had unveiled plans for the expansion of its Mexican operations, investing US$691 million into the country.
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Verizon Communications Inc. made an offer to buy Wind Mobile as a means of reentering the Canadian market to boost its growth prospects.
After due investigation, the special committee finds no breach of fiduciary duty conducted by the board of directors of Lufkin Industries for the GE deal.
Dish Network Corp has retreated the takeover battle for Clearwire Corp that ended the bidding war between Dish and Sprint Nextel.
Sunglass maker Italia Independent will do IPO at the Milan junior AIM stock market. (Photo : Reuters)The image is Lapo Elkann, the CEO of Italia Independent.
According to an IFR report, UK mutuals may not be able to survive the tough new regulations imposed by UK authorities.
The Chinese securities regulator grants mutual fund licenses to HSBC and Citigroup. (Photo : REUTERS)Banking group HSBC has settled a case brought by a fund over losses it suffered during the collapse of fraudster Bernie Madoff's financial empire, potentially paving the way for more claims against fund custodians.
According to the German antitrust regulatory authority, the ownership of other service providers would delay and hamper Liberty Global's purchase of Kabel Deutschland.
After a previous disapproved bond issue, British Airways again attempts to float asset backed bonds to raise funds.
Tilal Development Co would be issuing a sukuk whose proceeds would be used to pay off debts and expand the Muscat Grand Mall.
