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Alcoa signs $1.1B deal to make jet engine parts
2014-07-14 22:34:24| Industrial Machines - Topix.net
Alcoa said Monday that it has signed a $1.1 billion deal to make jet engine parts for a unit of United Technologies Corp. The Pittsburgh-based aluminum company has been moving away from mining and smelting aluminum to focus on selling parts used to build planes and cars.
Alcoa signs $1.1B deal to make jet engine parts
2014-07-14 22:34:23| Industrial Machines - Topix.net
Alcoa on Monday signed a $1.1 billion deal to make jet engine parts for a unit of United Technologies Corp. Alcoa said it will provide the first aluminum fan blade for jet engines, designed to reduce weight and boost fuel efficiency.
Sprint parent reportedly has a basic deal for T-Mobile
2014-07-14 18:26:41| Telecom - Topix.net
Sprint parent SoftBank has reached a "basic agreement" to buy T-Mobile US, although the sides continue hammering out details, Nikkei Asian Review reports.
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Eurobites: DT 'Close' to T-Mob Deal With SoftBank
2014-07-14 16:05:59| IT Services - Topix.net
Also in today's EMEA regional roundup: Snowden slams UK government's data-access proposals; big data types need to tread carefully; Telekom Austria and KPN in LTE roaming agreement.
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Mylan to buy Abbott business line in $5.3B deal
2014-07-14 15:21:01| Biotech - Topix.net
Mylan said Monday that the deal will diversify and expand its business outside the U.S. The combined company will be organized in the Netherlands, which will help reduce its tax expenses.
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