Archive for July 24th, 2012

Cisco chairman and CEO John Chambers speaks in Barcelona earlier this year

EC agrees to Cisco’s takeover of London-based NDS Group

The European Commission (EC) announced today it had given the green light to US network equipment maker Cisco Systems Inc (NASDAQ:CSCO) to take over London-based video software and content security solutions provider NDS Group Ltd. The regulator said it had …

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German Chancellor Angela Merkel

Ratings agency Moody’s warns of negative outlook for Germany

Credit ratings agency Moody's on Tuesday warned that the outlook for Germany's AAA credit rating is negative, which is said to be the first step towards a possible

Oil Pump in Siberia, Russia

Russian oil major Rosneft in talks to acquire its stake in oil JV TNK-BP

Russian oil giant Rosneft (MCX:ROSN) said on Tuesday it had inked a non-disclosure agreement with BP Plc (LON:BP) in relation to the British oil and gas group's plan

Personal Finance

Save money and simplify your life

The notion of ‘more money more problems’ might ring hollow in the ears of the long-suffering financially squeezed. But ask anyone used to seeing large amounts of money

Caterpillar

Caterpillar disposes of its Bucyrus unit in Canada

US construction and mining equipment maker Caterpillar Inc (NYSE:CAT) has agreed to sell its Bucyrus mining equipment distribution and support business in certain Canadian provinces to its local

Hong Kong

Private equity firms CVC, Standard Chartered exit Hong Kong-based Infastech

US diversified industrial company Stanley Black & Decker Inc (NYSE: SWK) announced the signing of a definitive agreement to acquire Hong Kong-headquartered Infastech for USD850m (EUR701m) payable

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