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Harbinger sues Dish, Ergen over LightSquared, seeks $1.5 billion

2015-07-22 00:50:33| Telecom - Topix.net

Harbinger Capital Partners, the hedge fund firm run by Philip Falcone, filed a new lawsuit accusing satellite TV company Dish Network Corp and its chairman, Charles Ergen, of illegally trying to strip it of control of wireless company LightSquared during its bankruptcy. The lawsuit filed on Tuesday in Manhattan federal court seeks at least $1.5 billion of damages, which Harbinger wants tripled.

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Huawei's H1 revenues up 30% at US$28 billion

2015-07-20 05:46:50| Telecom - Topix.net

Huawei Technologies Co Ltd, one of the world's largest telecom equipment makers, on Monday posted a 30 percent increase in first-half revenue to 175.9 billion yuan and said it would achieve "effective growth" in 2015. A man walks past a logo during the presentation the Huawei's new smartphone launched by China's Huawei Technologies in Paris, May 7, 2014.

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Lockheed to buy United Tech's Sikorsky for more than $8 billion: Source

2015-07-19 21:34:05| Industrial Machines - Topix.net

Lockheed Martin Corp , the largest U.S. weapons maker, has agreed to buy United Technologies Corp's Sikorsky Aircraft unit, the maker of Black Hawk helicopters, for over $8 billion, a source familiar with the negotiations said on Sunday. The two companies plan to announce the deal on Monday before both report second-quarter results on Tuesday, said the source, who was not authorized to speak publicly.

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MOEA eyes NT$15 billion in joint investments with Japan

2015-07-19 10:23:15| Electronics - Topix.net

The Ministry of Economic Affairs said Saturday that it expects Japanese and Taiwanese companies to invest as much as NT$15 billion in joint ventures that will forge closer business ties between the two countries. The Taiwanese delegation visited a group of Japanese enterprises in the financial, petrochemical, semiconductor, Internet and biotech sectors, the MOEA said.

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MOEA eyes NT$15 billion in joint investments with Japan

2015-07-18 21:13:04| Semiconductors - Topix.net

The Ministry of Economic Affairs said Saturday that it expects Japanese and Taiwanese companies to invest as much as NT$15 billion in joint ventures that will forge closer business ties between the two countries. The Taiwanese delegation visited a group of Japanese enterprises in the financial, petrochemical, semiconductor, Internet and biotech sectors, the MOEA said.

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