Etihad Alitalia 49 percent stake purchase agreed
An Etihad Alitalia deal has been agreed. The flag carrier airline of the United Arab Emirates (UAE) is to buy a 49% stake in...
Disappointing Samsung quarterly earnings, Chief Financial Officer warns
Chief Financial Officer Lee Sang Hoon warned of disappointing Samsung quarterly earnings on Tuesday. Specifically, he stated that the Q2 earnings of the richest...
Carnival Corporation profits increased
Carnival Corporation profits increased in Q2 2014 to $80 million, compared to $57 million in Q2 2013. Diluted earnings per share in Q2 2014...
iPhone 6 and iWatch production start in July
Production of Apple’s iPhone 6, its next model that comes in two sizes, is rumored to start in China in July, as is production...
Google domain name registration service announced
A Google domain name registration service, in which customers will be able to search, find, buy and transfer domain names for their businesses, has...
Allergan board unanimously rejected Valeant’s unsolicited bid
The Allergan board unanimously rejected Valeant's unsolicited bid, describing the offer as “grossly inadequate”, and added that it substantially undervalues the company, and is...
Banco Santander buying GE Nordic Units
Why is Banco Santander buying GE Nordic Units? The Eurozone’s largest bank by market value says it has expanded in Europe and Latin America...
New GM lawsuit may exceed 10 billion
A new GM lawsuit, which could exceed $10 billion, says millions of customers who bought cars and trucks lost a great deal of money...
Debenhams Sports Direct trial announced
After reporting a 1% fall in underlying sales in the 15 weeks to June 15th, a Debenhams Sports Direct trial was announced, initially at...
Nest Labs Dropcam acquisition set for $555m
The Nest Labs Dropcam acquisition is the latest move in Google’s quest to get more intimately into customer’s homes. Nest Labs, which belongs to...