Tech news Tesla offers $2.8 billion to acquire SolarCity Ghada Ismail Jun 22, 2016 0 Elon Musk on Tuesday sought to build a clean energy powerhouse as his electric car maker, Tesla Motors Inc, made an…
Industry & Trade McDonald’s gets bids for China, HK stores sale in up to $3 billion deal –… Noha Gad Jun 22, 2016 0 McDonald's Corp (MCD.N) has received more than half a dozen bids for its China and Hong Kong stores, including…
Tech news Siemens, Gamesa to seal a wind-power deal Ghada Ismail Jun 15, 2016 0 Siemens AG and Gamesa Corporacion Tecnologica SA are close to announcing an anticipated deal to combine their…
Tech news Twitter invests $70 million in SoundCloud Ghada Ismail Jun 15, 2016 0 Twitter Inc has invested about $70 million in Berlin-based music service SoundCloud, technology website Re/code…
Egypt News Egyptian court acquits 51 of illegal protesting in Red Sea islands case aya salah Jun 14, 2016 0 A Cairo misdemeanour court acquitted on Tuesday 51 from charges of illegally protesting on 25 April in downtown…
Tech news Nokia inks $1.5 billion framework deal with China Mobile Ghada Ismail Jun 13, 2016 0 Nokia has signed a 1.36 billion euro ($1.5 bln) one-year framework deal with China Mobile, the Finnish company…
International News Turkey to suspend EU migration deal if no visa-free travel for Turks Noha Gad Jun 7, 2016 0 Turkey would have to suspend its agreement with the European Union to stem the flow of migrants into the bloc if…
Tech news Cairo court acquits 33 Egyptians sentenced to 2 years over island deal protests Ghada Ismail Jun 5, 2016 0 A Cairo misdemeanour court acquitted late Saturday 33 defendants sentenced last month to two years in jail for…
Industry & Trade McDonald’s nears deal to shift headquarters to Chicago Noha Gad Jun 2, 2016 0 McDonald's Corp (MCD.N) is nearing a deal to shift its headquarters to the former Harpo Studios campus in Chicago…
Tech news US court rules US$24.9 billion Dell buyout underpriced by 22 percent Ghada Ismail Jun 1, 2016 0 Michael Dell and Silver Lake Partners underpriced their 2013 $24.9 billion buyout of Dell Inc by about 22 percent…