Corporate
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Vodafone Group and Idea Cellular agreed to merge their Indian operations in a $23 billion deal
Mar 20, 2017News Hour: Britain’s Vodafone Group and Idea Cellular agreed on Monday to merge their Indian operations in a $23 billion deal, creating the country’s biggest telecoms business after the entry of a new rival sparked a... -
IBM launched service to allow businesses to build applications on its cloud using blockchain code
Mar 20, 2017News Hour: International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from the Hyperledger Project, the cross-industry group led by the Linux Foundation. The... -
Uber chief quits
Mar 20, 2017News Hour: Ride services company Uber Technologies Inc has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing expert hired to help soften its often abrasive image. Jones quit less... -
Unilever to prepare a 6 billion pound sale of some of its food brands
Mar 19, 2017News Hour: Unilever is preparing a 6 billion pound ($7.44 billion) sale of some of its food brands, British newspapers reported on Saturday. The Anglo-Dutch company is planning to sell Flora margarine and Stork butter brands, the... -
Troubled airline Alitalia plans to cut over 2,000 jobs
Mar 19, 2017News Hour: Troubled airline Alitalia on Friday presented trade unions with plans to cut over 2,000 jobs and slash salaries by up to a third under a cost-cutting survival plan. Unions said the job cuts would... -
MuleSoft Inc’s shares jumped as much as 52.5 percent in debut
Mar 17, 2017News Hour: MuleSoft Inc’s shares jumped as much as 52.5 percent in their debut on Friday, giving the enterprise software company a market capitalization of about $3.27 billion. The IPO kicks off what is expected to... -
Tesla Inc raised about $1.2 billion, roughly 20 percent more than it had planned
Mar 17, 2017News Hour: Tesla Inc said on Friday it had raised about $1.2 billion, roughly 20 percent more than it had planned, by selling common shares and convertible debt, ahead of the launch of the crucial Model... -
Apple to setup 2 more R&D centers in China
Mar 17, 2017News Hour: Apple will set up two new research and development centers in Shanghai and Suzhou in China, it said in a statement in its Chinese website on Friday. Apple said it is adding the two... -
General Motors announced to add or retain approximately 900 jobs in Michigan during the next 12 months
Mar 16, 2017News Hour: General Motors announced it will add or retain approximately 900 jobs across three Michigan facilities during the next 12 months. The 900 jobs are in addition to the 7,000 jobs and $1 billion in... -
Aston Martin steps up investment in local community
Mar 16, 2017News Hour: As part of the company’s ongoing commitment to Corporate Social Responsibility (CSR), Aston Martin has formed a new partnership with local Leamington Spa based charity, Helping Hands. The Charity provides support to vulnerable people...
