Archive for July 10th, 2012

exports

Increase in British exports helps trade gap shrink

The UK’s trade gap registered an improvement in May, with an increase in exports helping to narrow the trade deficit to £2.7bn, compared with £4.1bn in April. The Office for National Statistics (ONS) reported today that the seasonally adjusted volume …

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IT

Silicon Labs completes purchase of radio chip maker Ember

US mixed-signal integrated circuits (ICs) developer Silicon Laboratories Inc (NASDAQ:SLAB) announced it had finalised its previously publicised takeover of radio chips provider Ember Corp. The all-cash acquisition provides Silicon

Barclays CEO Bob Diamond, with golfer Phil Mickelson

Former Barclays CEO Bob Diamond gives up £20m bonus

The former chief executive of Barclays plc (LSE:BARC) has waived his right to receive bonuses and incentives worth up to £20m, the bank revealed today. Bob Diamond has voluntarily

IT

Intel to invest €3.3bn in ASML

US chip maker Intel Corp (NASDAQ:INTC) said it had agreed to make a €3.3bn ($4.1bn) R&D and equity investment in Dutch ASML Holdings NV, a provider of photolithography

handshake

Citrix wraps-up Bytemobile purchase

US IT solutions company Citrix Systems Inc (NASDAQ:CTXS) said it had completed the purchase of Bytemobile Inc, a provider of mobile video and web content to wireless network

airplane

Reliance Steel buys Australian aircraft materials distributor Airport Metals

US metals service centre firm Reliance Steel & Aluminum Co (NYSE:RS) announced on Monday it had acquired Melbourne-based aircraft materials distributor Airport Metals (Australia) Pty Ltd from Canadian

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