July 14, 2014 9:03 am
The Chief Executive Officer of the commercial airplane division of Boeing Co., Mr Ray Conner, revealed just ahead of the Farnborough Air Show that the company is working on a modification of its 737 model, which is to have a higher capacity. The narrow-body model targets primarily discount airlines, boarding as many passengers as comfort […]
Read moreJuly 14, 2014 7:53 am
AECOM Technology Corp. made an official statement yesterday, revealing that it reached an agreement over the acquisition of URS Corp. in a $4-billion deal. The companys move is driven by its desire to expand reach gain new services in markets including gas and oil. The President and Chief Executive Officer of AECOM Technology Corp. – […]
Read moreJuly 13, 2014 8:22 am
Shares in the UK posted gains on Friday, trimming their weekly loss, as Imperial Tobacco Group rose 3%, following its announcement that it plans the acquisition of some assets and brands, owned by companies in the United States. The FTSE 100 Index gained 17.80 points, or 0.27%, to close at 6,690.17 in London on Friday. […]
Read moreJuly 12, 2014 9:48 am
Chinas influential national television labeled a location-tracking software featured in Apple Incs iPhone a threat to national security in the latest confrontation between the Asian country and U.S. tech giants, including Microsoft Corp., Google Inc. and Facebook Inc. The accusation comes only a few months after the iPhone maker struck a deal with China mobile […]
Read moreJuly 11, 2014 1:40 pm
Friends Life Group Ltd made a statement today, announcing its intentions to return cash to its shareholders, after Blackstone Group LP reached an agreement to acquire its European wealth-management division in a deal valued at about 356 million pounds (610 million dollars). The Chief Executive Officer of Friends Life Group Ltd – Mr. Andy Briggs […]
Read moreJuly 11, 2014 12:52 pm
Imperial Tobacco Group Plc, which is the fourth-biggest cigarette producer in the world, made a statement that it is currently having talks with Reynolds American Inc. and Lorillard Inc. over the acquisition of brands that are property of the two U.S. tobacco companies in the event of a merger between them. As reported by the […]
Read moreJuly 11, 2014 11:39 am
The second-biggest software services company in India – Infosys Ltd made an official statement today, posting its profit for the first fiscal quarter of the year that surpassed the median analysts forecast due to a larger number of orders the company received. The newly-appointed Chief Operating Officer of Infosys Ltd – Mr. U.B. Pravin Rao […]
Read moreJuly 11, 2014 9:17 am
The President of Nissan Motor Co.s Infinity luxury brand – Mr. Johan de Nysschen – is leaving the unit after spending two years on the position. One of Infinitis spokesmen – Mr. Stefan Weinmann revealed that the news of the resignation was announced internally today. The divisions spokesman also shared that the control of Nissans […]
Read moreJuly 11, 2014 8:31 am
The worlds top two container-shipping carriers – AP Moeller Maersk A/S and MSC Mediterranean Shipping Co. revealed yesterday that they have reached an agreement to share vessels on some of the busiest trade routes in the world. The step of the two companies comes after a proposal for a three-way alliance was banned by the […]
Read moreJuly 11, 2014 7:41 am
Amazon.com Inc. sought permission from US aviation regulatory authorities to expand the testing of its drones outside the companys research laboratory in a letter published on a government website. According to the web retailers statement, it has set a goal of delivering packages weighing less than 5 pounds (2.3 kilograms) with automated aircraft that will […]
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