The recent launch of the iPhone 5S and 5C cost about USD200 more in China than in the United States.
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American Airlines wins bankruptcy judge’s approval
US Bankruptcy Judge Sean Lane approved American Airlines' petition to exit bankruptcy today at a court hearing held in Manhattan.
Dunkin' Donuts returns to the UK
Dunkin' Donuts exited the UK in the 1990's because of a lack of variety, an issue that is clearly addressed with its return to new agreements in the UK.
Three Morgenthaler partners ventures out with new USD175 million fund
Former partners of the venture capital firm Morgenthaler Ventures, had raised USD175 million in a seed funding round for their newest fund outside Morgenthaler called Canvas Venture Fund.
Virgin Atlantic set to partner with Gulf region air carrier
Virgin Atlantic's partnership with Delta Air is sought to be replicated in the Gulf region. Virgin Atlantic's Richard Branson is contemplating the option of forging an east-focused alliance with a major carrier from the Gulf region.
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La Française announced that it had entered into a strategic partnership with global real estate investment management firm Forum Partners.
The Telegraph reported that Royal Dutch Shell had postponed its refinery project worth USD 1.3 billion in eastern China.
Toshiba Corp announced today that it would acquire a majority stake in Vijai Electricals priced at around USD200 million.
Sources told Bloomberg that the joint venture firm of Saudi Aramco and Total, Satorp, would be putting its first fuel up for sale this month.
The government of Japan announced that by next month, it would begin to thresh out the details of a joint procurement plan for the purchase of liquefied natural gas.
Incumaker Inc. had announced completed acquisition for Cryogenic Therapy Company. Today, Incumaker Inc. announced that it had completed its acquisition of CryoMist I and CryoMist II.
Today, Limoneira Company announced its completed acquisition for Associated Citrus Packers in a deal valued USD18.6 million.
Orange SA sees market consolidation as the next wave should Telefonica SA and Royal KPN NV merge. The largest phone company in France, Orange SA, said that if the Telefonica SA and Royal KPN NV bid to merge their German assets receives regulatory approval, there would be a major shake up in the telecommunications industry in Europe.
The award to Tokyo as the 2020 Summer Olympics host leveraged to pass gambling casino legislation. Two major gaming firms, Las Vegas Sands Corp and MGM Resorts International are searching for sites to build casinos in Japan.
