Archive for January 25th, 2013

UK in recession

Office for National Statistics confirms Q4 contraction in UK economy

After months of conjecture, official figures confirmed today that the UK’s economy contracted again in the fourth quarter after only three months of growth. The Office for National Statistics (ONS) said that GDP decreased by an estimated 0.3% in the […]

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Jakarta Cityscape

Japanese retailer Aeon hires banks to advise on Matahari deal

Japanese retailer Aeon Company Ltd (TYO:8267) and Thai The Central Group have appointed investment banks as advisors on a possible bid for Indonesian retailer PT Matahari Department Store,

Cisco

US router maker Belkin to acquire Cisco’s Linksys unit

US connectivity and power products maker Belkin International Inc said it had agreed to acquire home networking provider Cisco-Linksys LLC, part of sector firm

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