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UPDATE 1-Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg's
2014-12-10 12:04:26| Agriculture - Topix.net
Egypt's financial regulator on Thursday extended the offer period for UAE's Abraaj Investment Management for Egyptian cake and biscuit maker Bisco Misr to December 24 to match the period of rival bidder Kellogg Co. Kellogg, the world's biggest breakfast cereal maker, has twice topped Abraaj's bids.
BT board meets to discuss bid for EE or O2
2014-12-10 09:58:00| Telecompaper Headlines
(Telecompaper) BT's board met on 9 December to discuss a possible takeover bid for mobile operators EE or O2, but did not settle on which to buy, sources familiar with the matter told the Telegraph. CEO Gavin Patterson and his advisers aim to agree on a price for one of the operators by Christmas and to start due dilligence as soon as possible. "They're going to do a bit more digging and probably some more negotiating," a banking source said. Stephane Richard, CEO of Orange, EE's joint owner with Deutsche Telekom, previously said he expected to know more before Christmas. Analysts have said that O2 would be easier to integrate and less expensive to acquire than EE.
After Obama's Broadband Regulation Bid, Varied Views From Civil Rights Groups
2014-12-10 04:40:26| Telecom - Topix.net
While some civil rights groups argue that President Barack Obama 's call for strict regulation of Internet access would be harmful to minority communities, others disagree, the New York Times reports. WASHINGTON - When President Obama laid out his vision for strict regulation of Internet access last month, he was voicing views thought to be held by many at the most liberal end of the Democratic Party.
Tags: rights
groups
views
civil
Areeb talks: His suicide car bomb bid to setting up WiFi
2014-12-10 01:30:27| Wireless - Topix.net
The civil engineering student from Thane who joined the Islamic State in Iraq before returning home two weeks ago has drawn a detailed picture for interrogators of his life as a jihadi fighter, including valuable information on the group's tactics and strongholds, and how he was recommended for recruitment by a feared red-bearded commander popularly known as 'Omar the Chechen'. Areeb Majeed, who is currently being detained by security officials at a secret location in Mumbai, has also claimed that there was a fifth youth who wanted to join the original group of four that left Thane for Iraq but dropped out virtually at the last minute.
Novembers top stories: Hitachi's bid for Ansaldo, $25bn rail works in China
2014-12-08 12:17:00| Railway Technology
Mexico cancelled China's rail project, Alstom begun slab track technology tests in Russia, and Peru announced plans for a new $9.5bn coastal railway line. Railway-technology.com wraps up the key headlines from November 2014.
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