Tech news Ant Financial plans to buy stake in Thai payments company Ghada Ismail Jun 19, 2016 0 Ant Financial Services Group, Alibaba's financial services affiliate, is seeking to buy a 20 percent stake in…
forex news Oil jumps 4 percent as Brexit fears ease, still down on week Noha Gad Jun 18, 2016 0 Oil prices jumped about 4 percent on Friday, as a weaker dollar and less anxiety about Britain's possible exit from…
Tech news ASML to acquire Hermes Microvision for $3.1 billion in chip sector shake-up Ghada Ismail Jun 16, 2016 0 Dutch chipmaking equipment firm ASML Holdings NV has agreed to buy Taiwanese peer Hermes Microvision Inc for about…
Tech news Breaking-Microsoft acquires LinkedIn in a $26.2 billion deal Ghada Ismail Jun 13, 2016 0 Microsoft Corp said in a blog post it agreed to buy LinkedIn Corp for $26.2 billion in cash. The offer of $196 per…
Tech news Toyota plans to buy robotics divisions from Alphabet Ghada Ismail Jun 1, 2016 0 Toyota Motor Corp is in talks to buy two robotics divisions from Google parent Alphabet Inc, the Nikkei reported on…
Tech news Oracle to acquire utility software maker Opower Ghada Ismail May 3, 2016 0 Oracle Corp will buy Opower Inc, a maker of software for utilities, for about $548 million in cash. The offer of…
Tech news Siemens will invest into more digital acquisitions Ghada Ismail Apr 26, 2016 0 German industrial group Siemens will continue to buy software companies to beef up its core industrial business,…
International News U.S. to buy heavy water from Iran’s nuclear program Noha Gad Apr 23, 2016 0 The United States will buy heavy water from Iran's nuclear program and expects it to be delivered within weeks,…
Tech news China’s Alibaba to invest $1 billion in Lazada Ghada Ismail Apr 12, 2016 0 Chinese e-commerce giant Alibaba Group Holding Ltd said on Tuesday it agreed to buy a controlling stake in online…
Industry & Trade Airlines in Asia could get a lift from Alaska-Virgin merger Noha Gad Apr 6, 2016 0 Alaska Air Group Inc's (ALK.N) plan to buy Virgin America Inc (VA.O) makes the company a more attractive partner to…