Telecommunications provider, Telstra, is set to make $454 million from a new strategic partnership with Platinum Equity as it prepares to sell 70 per cent of its stake in its directories business, Sensis, to the US-based private equity ...
Tags: Telstra, Telecommunications
Google has acquired Nest, a company that makes a home thermostat that can be programmed from mobile phones, for US$3.2 billion in cash, Google said on Monday. The founders of Nest, Tony Fadell and Matt Rogers, “have built a ...
Tags: Smart Thermostat, Google
The Equipment Leasing and Finance Association (ELFA) which represents the $827 billion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2014. Given U.S. businesses, nonprofits and government agencies will spend ...
Hybrid Technology, led by Hong Kong billionaire Richard Li, has bid $55 million for Fisker Automotive's assets, just days after a bankruptcy judge in Delaware rejected Hybrid's plan to take over the failed electric-vehicle maker in a ...
Tags: Hybrid, Bankrupt Fisker, Bid War
Politico reports that while Republican governors in Texas and Louisiana remain firmly in the no camp, others in Pennsylvania, Tennessee, Indiana and Oklahoma are giving the program a second look. News outlets also offer updates from ...
Tags: Gop Governors, Medicaid Expansion
Strad Energy Services Ltd., (TSX:SDY) ("Strad" or the "Company"), a North American-focused, energy services company, has approved its preliminary 2014 capital expenditure program with an initial budget of $17 million for the first half of ...
Australia-based miner Fortescue Metals Group Limited has announced that it has purchased two iron ore processing plants at Christmas Creek in the Pilbara region of Western Australia from Mineral Resources Limited's subsidiary Crushing ...
Foster Wheeler AG confirmed that, following a comprehensive review of strategic alternatives, it has provisionally agreed with AMEC plc (“AMEC”) on non-binding outline terms concerning a possible business combination of the ...
Tags: Non-Binding Terms, Foster Wheeler
This is a guest post. The views expressed here are solely those of the author and do not represent positions of IEEE Spectrum or the IEEE. Two years ago, New York Times columnist Paul Krugman wrote a much-discussed piece on the ...
Tags: Robotics Industry, Robot
Moore's new law is that big data will lead to big science. The Gordon and Betty Moore Foundation plans to give US$1.5 million grants (in $200 000 to $300 000 yearly installments) to 15 worthy interdisciplinary scientists who can develop and ...
Tags: Gordon Moore, Big Data
Soybeans were higher on fund and commercial buying, along with spillover from corn. 2013 soybean production was up on the year and larger than expected at 3.29 billion bushels, while quarterly stocks were up on the year, but ending stocks ...
Tags: Corn, Corn Futures Prices, Prices Jump
Soybeans were mixed ahead of Friday's USDA numbers. USDA's expected to report a big crop Friday, but that may be moderated by an increase in their export estimate, with the reports out at Noon Eastern/11 AM Central. China bought more U.S. ...
Tags: Grain, Grain Futures, USDA Reports
Parkland Fuel Corporation ("Parkland" or the "Corporation") (TSX:PKI), a North American petroleum products marketer, today announced that it has successfully completed the previously announced acquisition of all outstanding shares of SPF ...
Tags: Parkland, acquisition, SPF, outstanding shares
The Cabinet Committee on Economic Affairs (CCEA) has approved the continuation of the Mill Gate Price Scheme (MGPS), along with 10 percent subsidy component with modifications. The scheme is now renamed as the Yarn Supply Scheme (YSS). ...
Tags: yarn prices, Textile
TAG Oil Ltd. (the "Company" or "TAG") (TSX: TAO) and (OTCQX: TAOIF) is pleased to provide the following exploration and development drilling update in both the shallow and deeper targets within the Taranaki Basin. As TAG enters calendar ...
Tags: TAG, Taranaki Basin, operational update, exploration targets