Ericsson plans to stop manufacturing in Sweden, cut 3,000 jobs
Mobile telecoms equipment maker Ericsson plans to close the last of its Swedish manufacturing sites as part of…
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Pfizer nears deal to acquire Medivation for close to $14 billion
Pfizer Inc (PFE.N) is in advanced talks to acquire U.S. cancer drug company Medivation Inc (MDVN.O) for close to…
After the party: Rio wakes up to an Olympic hangover
The Olympic Games are coming to a close, having demonstrated once again that Rio de Janeiro knows how to organise…
Russia says close to joint military action with U.S. in Aleppo
Russia and the United States are close to starting joint military action against militants in Syria's Aleppo,…
China stocks close up over 1 pct on broad rally
China stocks closed up on Tuesday as buyers drove a mild but broad-based rally into financials and industrials. The…
Wall St. sets records again, led by tech, bank stocks
Wall Street closed slightly higher on Monday to mint new record highs for the S&P 500 and the Dow industrials,…
Citibank to close Venezuela government accounts
Venezuela's President Nicolas Maduro said on Monday that Citibank NA C.UL, planned to shut his government's foreign…
Microsoft gives up Finland phone unit
Microsoft has confirmed it will close its mobile phone unit in Finland, cutting 1,350 jobs. The US software giant…
Germania may order 25 Airbus A320-family jets
German airline Germania is close to placing an order with European planemaker Airbus (AIR.PA) for around 25…
Siemens, Gamesa to seal a wind-power deal
Siemens AG and Gamesa Corporacion Tecnologica SA are close to announcing an anticipated deal to combine their…
