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Swisscom logoSwisscom, Switzerland's biggest telecoms group, said Monday it had launched a friendly takeover bid for Italian rival Fastweb worth 3.7 billion euros (4.9 billion dollars)
General Motors logoThe corporate logo for the General Motors Corp. GM will report its delayed year-end results on Wednesday, the struggling automaker said Monday.
John Mulcahy (L) CEO of SuncorpFile photo of John Mulcahy (L), Chief Executive for Australian financial services group Suncorp Metway Ltd, with Chief Financial officer Chris Skilton (R). An Australian court granted final approval Tuesday for a A$7.9 billion (US$6.2 billion) merger of banking and insurance firm Suncorp-Metway with general insurer Promina Group, Suncorp said. Suncorp said the Federal Court had approved a scheme of arrangement between the two companies, giving the green light
An Aston Martin vehicle in a showroom in LondonAn Aston Martin vehicle in a showroom in London in 2006. Ford's sale of elite sports-car maker Aston Martin is a sign of deeper troubles at the US automaker after a failed foray into luxury European brands and a loss of focus on its critical US market, said analysts
The Deutsche Bank headquarters in Frankfurt.The Deutsche Bank headquarters in Frankfurt. A Deutsche Bank-led consortium is offering four billion yuan (517 million dollars) for 40 percent of China's largest traditional medicine producer, state media said Tuesday. The price offered by the Deutsche Bank consortium is the highest among the five potential investors in state-owned Sanjiu Enterprise Group, the 21st Century Business Herald reported, citing an unnamed source.
Jean-Francois CirelliFrench state-controlled energy group Gaz de France said Tuesday that its net profit in 2006 rose by 29 percent to its highest-ever level. File picture shows Gaz de France chief executive, Jean-Francois Cirelli
The Citigroup headquarters in New YorkThe Citigroup headquarters in New York. Citigroup unveiled an increased 13.4-billion-dollar takeover bid for the scandal-tainted Japanese securities firm Nikko Cordial Tuesday in an effort to win over sceptical shareholders.
The Telecom Italia logoThe Telecom Italia logo. Italian tyre, cable and real estate group Pirelli is weighing the sale of its controlling stake in Telecom Italia, a move complicated by concerns over price as well as reluctance on the part of the Italian government.
Arcelor Mittal's CEO Lakshmi Mittal Arcelor Mittal's CEO Lakshmi Mittal delivers a speech during a press conference after a visit to the Arcelor-Mittal group steel factories of Liege in Flemalle, Belgium, February 2007. Arcelor Mittal, the world's largest steel maker, has been asked by Chinese authorities to raise its bidding price for a stake in China's Laiwu Steel Corp, a company source said Tuesday.
Combo of logos of Alcatel and Thales.Combo of logos of French telecoms giant Alcatel and defense electronics group Thales. EU regulators will clear Thales' plans to buy the satellite interests of Alcatel-Lucent, sources said Tuesday.
The corporate logo for the Toyota Motor CorporationA sign showing the corporate logo for the Toyota Motor Corporation. Toyota Motor Corp. is not afraid that its rapid growth in the face of massive layoffs at the Big Three US automakers will touch off a backlash, the Japanese automaker's North American president said Tuesday.