Vodafone to put in another GBP900 million for the completion of the 4G network of the company. The second largest wireless company in the world, Vodafone Group Plc, has announced that it would be inreasing its UK investments by a whopping 50%.
Sectors
Cohen To Shed Off Staff Number As Investigation Pushes More Investors Away
Steven A. Cohen is at the brink of cutting down a number of his staff after more investors are expected to pull out their money.
Deutsche Annington Targets For Market Listing Next Month
Deutsche Annington is reportedly set for a market listing around July 4, a reliable source said on Monday.
Intercontinental Exchange Inc, NYSE Euronext Agree To Merger
Intercontinental Exchange Inc and NYSE Euronext has officially merged into a $20 billion worth company after their respective shareholders unanimously approved the deal on Monday.
Shire, Teva Pharmaceutical Settle Patent on Intuniv
Shire Plc (SHP) pulled off a settlement agreement with Teva Pharmaceutical Industries Ltd. (TEVA), enabling the later to manufacture cheap generic copies of Intuniv.
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McGraw Hill Financial, the parent company of Standard and Poor's is investing further in Indian credit agency Crisil.
The production of Vietnam’s robusta coffee, which is used as the primary ingredient for instant coffee, is expected to increase in 15 months, sending its futures to its biggest nosedive since 2009.
PPR is preparing to spin off its Fnac book and electronics stores. (Photo : Reuters)The image is of PPR CEO speaking before shareholders. The French company that owns the Gucci brand, PPR SA, is in the process of spinning off its Fnac book and electronics stores.
Exor sells off its 15% share in SGS to help in the Fiat acquisition of Chrysler. (Photo : Reuters)The image is the corporate logo of Exor, the holdings firm.
Zain Saudi has entered into an agreement with the Saudi Arabian Ministry of Finance to defer payment of mobile phone license fees to 2021.
Severn Trent rejects the new offer made by LongRiver consortium as it says it does not recognize the long term value and potential of the British water utilities firm.
Khazanah, the Malaysian sovereign wealth fund has sold off part of its shareholdings in Tenaga Nasional Bhd.
UAE's top aluminium firms merge to create a more competitive firm in the Middle East. (Photo : Reuters)The image is the factory of Dubai Aluminium.
FSA announced that Danish banks will be free to use hybrid debt instruments that has ended bank speculations on the use of equity alone to fulfill lender requirements.
