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Interest To Acquire About A 10% Stake In American Airlines Expressed By Qatar Airways

In a move that not many people could have predicted, an unsolicited offer from Qatar Airways about the Middle Eastern airline's intention to acquire at least a 10 percent stake in American Airlines was received recently, the airliner said on Thursday.   American said in a statement that...

After Bruising Apple Fight, Imagination Tech Up For Sale

In a disappointing end to a once-great European tech success story, putting itself up for sale was Imagination Technologies, the British firm that lost 70 percent of its value after being ditched by its biggest customer Apple.   It was developing its own graphics chips and would no longer...

U.S. Confectionery Business May Be Sold By Nestle: Sources

In what is considered to be the Swiss food group's latest effort to improve the health profile of its sprawling portfolio, Nestle may sell its roughly $900 million-a-year U.S. confectionery business, which includes Butterfinger and BabyRuth, reported Reuters.   Including a possible sale, for...

U.S. Antitrust Approval With Conditions Won By Dow, Dupont Merger

DuPont and Dow Chemical Co will have to sell certain crop protection products and other assets, and this is the condition that the companies have been given as they have won U.S. antitrust approval to merge, according to a court filing.   In a deal that they struck with European regulators...

Web Giants With Fastest Routers The Target Market For Nokia For Gains

Breaking into the Juniper and Cisco dominated core router market and giving its existing network business a boost, Nokia launched the world's fastest network chips.   The Finnish company said that greater demands of next-generation mobile communications, cloud-based internet services and...

Restructuring Of Its Defense And Space Unit Announced By Boeing

As Boeing Co seeks to make its business more responsive to customers and the needs of the customers, the world's largest plane maker says that cut about 50 executive positions and would restructure its defense, space and security (BDS) division into smaller units, the company said on Tuesday....

As China Sales Skid, New Small SUV The Bet For Hyundai Motors

With the intention to try and offset its continuous sliding sales in China and in order to catch up with rivals in the segment of sport utility vehicles, Hyundai Motor unveiled its first subcompact SUV named Kona for advanced markets, including the United States, Europe and South Korea.   A...

With Dupont Fabros Buy, Digital Realty Expands Data Center Reach

In what is considered to be its biggest-ever deal, to help expand in high-demand markets in the United States amid a rapid shift to the cloud by technology companies, Digital Realty Trust Inc said it would buy fellow data center operator DuPont Fabros Technology Inc for an enterprise value of about...

Riding On Trucks For Growth, Canadian Icon Blackberry Hopes To Make It Big Again

Why BlackBerry's stock is once again a darling in Canadian markets, having soared 70 percent in two months, is better explained by a visit to trucking firm Titanium Transportation.   BlackBerry fleet-tracking service known as Radar that uses $400 boxes to collect and transmit information on...

As Boeing Ponders Next Jetliner, It Also Studies Pilotless Planes

Boeing Co aims to test some of a pilotless technology next year and the world's biggest plane maker said in a briefing ahead of the Paris Airshow said that it is looking ahead to a brave new world where jetliners fly without pilots.   Mike Sinnett, Boeing's vice president of product...

On 787 And 777 Cost Reductions, Boeing Barrels Ahead

In order to chip away at the near-$30 billion deficit created by its 787 Dreamliner and to cut costs to compete with rival Airbus, Boeing Co is streamlining its aircraft production systems at its largest factory.   Boeing is reordering some of its assembly steps to speed up the process even...

Leading UK Fund Manager CEO Says Santander Buyout 'Smacks Of' Lloyds Bailout Debacle

According to the chief of a leading U.K. fund manager, elements reminiscent of the takeover of Britain's failing HBOS by fellow U.K. bank Lloyds in 2009 can be seen to be prevailing  in Santander's takeover of struggling Spanish banking peer Banco Popular.   Martin Gilbert, chief...
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