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Reliance mulls purchase of Value Creations
Monday, 08 February 2010 03:42
Indian conglomerate Reliance Industries is considering buying the bankrupt Canadian oil sands group Value Creations for about $2 billion, according to a report in UK newspaper the Financial Times.
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Air Products to make hostile bid for rival
Friday, 05 February 2010 03:54
The industrial gas company Air Products and Chemicals will today launch a hostile bid for its smaller rival, Airgas.
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Kraft wins Cadbury shareholder approval
Wednesday, 03 February 2010 04:38
Kraft Foods has won control of UK confectioner Cadbury after holders of almost 72 percent of the company’s shares accepted the $18.6 billion takeover.
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Amazon acquires Touchco
Thursday, 04 February 2010 03:39
Amazon has purchased flexible touch screen maker Touchco in an apparent attempt to better compete against Apple's new product, the iPad.
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US manufacturing hits five-year high
Tuesday, 02 February 2010 03:52
Factory sector activity in the US reported its best performance in over five years in January, boosting hopes of a growth in overall economic output.
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