All
 

 

Just in:  

You are here: Home»Business»Industries & Sectors

Industries & Sectors

Archive

US fund Elliott files appeal against Samsung merger ruling SEOUL: US hedge fund Elliott said Friday it had filed an appeal against a court ruling in favour of the proposed merger of two Samsung Group subsidiaries.The Seoul Central District Court on Wednesday rejected a request from Elliott to stop Cheil Industries buying Samsung C&T Corp through an all-stock deal worth $8 billion, a move designed to facilitate Samsung's founding Lee family's father-to-son succession."Elliott was disappointed with the recent first instance Court decision not to grant a preliminary injunction to prohibit Samsung C&T from seeking shareholder approval for the Proposed Takeover" at a shareholder's meeting on July 17, the firm said in a statement."However, Elliott today filed a notice of appeal... and is confident that its position will be fully vindicated on appeal."It said there was a "chorus of disapproval" from Samsung C&T shareholders over over the merger proposals, adding they are "neither fair nor in the best interests of ...

Spain's Amadeus says to buy tech firm for $830mn MADRID: Spanish technology company Amadeus, the world's biggest processor of travel transactions, said Thursday it will buy airline technology firm Navitaire for $830 million (750 million euros) to boost its position in the low-cost segment.Amadeus, which provides technology to travel companies, expects to complete its purchase of Navitaire, a subsidiary of US management consulting firm Accenture, in the fourth quarter of 2015, the company said in a statement.Navitaire, which offers technology services to airlines in ...
German new car sales up in June: data BERLIN: New car registrations in Germany, a key measure of demand in one of the most important sectors of Europe's top economy, rose strongly in June, data showed on Thursday.A total of 313,600 new cars were registered last month, a jump of 13 percent compared with the figure for the same month last year, the VDA automobile industry federation said in a statement.That pushed the number for the first half of the year up by ...
German new car sales up in June BERLIN: New car registrations in Germany, a key measure of demand in one of the most important sectors of Europe's top economy, rose strongly in June, data showed on Thursday.A total of 313,600 new cars were registered last month, a jump of 13 percent compared with the figure for the same month last year, the VDA automobile industry federation said in a statement.That pushed the number for the first half of the year up by ...
Toyota prices 'Model AA' shares at 30 pct premium as investors flock TOKYO: Toyota Motor Corp set the price for its "Model AA" class stock at about a 30 percent premium, a regulatory filing showed, as retail investors flocked to the no-risk shares that the automaker hopes will help it secure longer-term shareholders.Toyota, Japan's top automaker, set the issue price at 10,598 yen compared with the 8,153 yen close on Thursday, putting it the top of the range of 26 to 30 percent it had flagged.The offering, ...
Google apologizes photo app tagged black couple 'gorillas' SAN FRANCISCO: Google apologized after an identification program in its new photo app put a "gorillas" label on a picture of a black couple."We're appalled and genuinely sorry that this happened," a Google representative said late Wednesday in an email to AFP."We are taking immediate action to prevent this type of result from appearing."Google apologized and went to work fixing the problem earlier in the week after the offensive blunder was pointed out in a ...
US auto sales maintain steady pace in June CHICAGO: US auto sales maintained a steady pace of growth in June and consumers were opening their wallets for more expensive models and upgrades, industry data showed Wednesday."We just wrapped up the US auto industry's best six months in a decade, driven by strong demand for pickups and crossovers," said Kurt McNeil, head of sales at General Motors."People feel good about their jobs and the direction the economy as a whole is taking, so the ...

 



 
IndexClosingChg%
ArrowDJIA 17,730.11 0.16
ArrowNasdaq 5,009.22 0.08
ArrowS&P 2,076.78 0.03
ArrowFTSE 6,630.47 0.33
ArrowDAX 11,099.35 0.73
ArrowCAC-40 4,835.56 0.98
ArrowNikkei 20,522.50 0.95
ArrowH.Seng 26,282.32 0.12
ArrowSensex 27,945.80 0.27





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln