Result Page 281 for Archives

BHS secures GBP 65M loan for a 2-year turnaround lifeline

The ailing BHS has secured a loan for its revival plan. It'll use the funds to strengthen business operations, open new stores and rebrand itself from BHS to British Home Stores. Recently BHS was sold to a group of financiers.

Sep 14, 2015 9:55 AM EDT

World

Mark Zuckerberg to host Facebook Townhall Q&A with Indian Prime Minister Narendra Modi

Mark Zuckerberg will host its second Townhall Q&A discussions with India's Prime Minister Narendra Modi. It will be held on Facebook HQ in Menlo Park, California on September 27th.

World

China unveils details of state-firm reforms as growth sputters

New state firm reformed announced by Chinese authority on Sunday will see the firm being integrate in fewer firm. Through the reform, state-firm will also be given freedom to attract private investors into the firm.

News

Oil Search Ltd rejects $8B takover offer by Woodside

Australian oil major Oil Search Ltd has rejected the $8B takeover bid from Woodside Petroleum. Oil Search's board viewed the takeover offer as low price translating into lower valuation of the company and it doesn't serve shareholders' interests.

Airbus says U.S. factory will be world's most efficient

AIrbus will officially opened its $600 million plant in Mobile, Alabama. The plant will be the most efficient that the company ever build in an effort to rival Beoing production and growing their presence in the United States.

Sep 14, 2015 2:17 AM EDT

Germany's Tele Columbus agreed to buy Pepcom for €608M

Germany's leading cable provider, Tele Columbus and Pepcom, had agreed to consolidate on Sunday for €608M. The acquisition is set to be completed in April of 2016.

Sep 14, 2015 2:05 AM EDT

Macquarie Group’s expected profits to surge 40% in H1

Macquarie Group's expected profit for the first half could surpass the analysts' projections. The drop in Australian dollar and rise in asset management revenues will help the Group to come out with encouraging results to be announced on 30 October.

Sep 14, 2015 2:05 AM EDT

Vista Equity Partners to buy Solera Holdings Inc. for $6.5 B

Vista Equity Partners together with Goldman Sachs and Koch Industries offers to buy Solera Holdings Inc for a total of $6.5 billion including net debt. The deal will also see Vista buying the company's share at $55.85 per share in cash making it as the biggest acquisition for the firm.

Sep 14, 2015 2:03 AM EDT

Next Plc beats profit forecast; raises wages

UK retailing major Next Plc recorded better than forecast profits for the first half of 2015. Stronger British pound and encouraging performance of its buying teams helped the company post a better results than its peers in the industry. The company has also announced wage rise falling in line with new UK's National Living Wage act.

Sep 14, 2015 2:00 AM EDT

Social security strategies for singles - these are friends with real benefits

If you are single and never been married with or without dependents, you will want to get the most out of your Social Security. There are strategies that are beneficial to single folks such as delaying their filing to increase retirement benefits.

Sep 14, 2015 1:59 AM EDT

Cage-free eggs for McDonald's in a decade

In about 10 years, consumers of McDonald's will eat eggs lain by free-roaming chickens. This is good news for hens and animal welfare groups but will costs more to egg suppliers.

Sep 14, 2015 1:56 AM EDT

Iran to sell crude oil to Asia on a huge discount in a bid to regain market share in the region

Iran provided good news by reducing the price of its crude oil being sold to Asia come October. Iran is trying to win back its market share in the oil industry competing with other OPEC members, specially Saudi Arabia.

Sep 14, 2015 1:53 AM EDT

Rose Gold iPhone makes its debut

The rose gold color has been revived by Apple with its iPhone 6s giving the efficient smartphone its simple but sophisticated color. Rose gold is the trending color from interior designs to jewelries.

Sep 14, 2015 1:49 AM EDT

Nestlé’s Nespresso provides bigger cups of coffee for Americans

Switzerland is welcoming another Nespresso plant to be situated in Rosmont to cater to America's preference for bigger cups of coffee. It will be the only Nespresso plant to produce pods for VertuoLine to boost more sales in the U.S.

Sep 14, 2015 1:48 AM EDT

Twitter's Periscope adds landscape mode, broadcast options and Facebook sharing

Twitter's live streaming app, Periscope, updates its features. That includes broadcasting in the landscape mode, broadcast privacy options and Facebook sharing.

Sep 14, 2015 1:47 AM EDT

Australian dollar recovers as unemployment figures went down

Australia is one of the countries being hit by the global economic turmoil. Now, it is beginning to recover as many businesses hire more employees resulting in the decrease of unemployment rate making the Australian dollar regains its strength.

Sep 14, 2015 1:47 AM EDT