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Tag: firm
China online travel firm Ctrip in tie-up with rival Qunar
2015-10-26 20:42:19| IT Services - Topix.net
Chinese online travel company Ctrip.com International Ltd on Monday announced a tie-up with rival Qunar Cayman Islands Ltd and its backer Baidu Inc through a share swap. Under the deal, Ctrip.com will own roughly 45 percent of Qunar, according to the statement.
Tags: online
travel
china
firm
Mideast Stocks-Saudi continues sliding, most other Gulf bourses firm
2015-10-26 02:32:25| Chemicals - Topix.net
The Saudi stock index edged up in early trade but soon resumed falling and closed down 1.4 percent, bringing its losses over four trading days to 6.7 percent. Leading petrochemical producer Saudi Basic Industries , its margins squeezed by low oil prices and facing the possibility that the government could raise gas prices to save money, fell 2.7 percent.
Tags: firm
continues
gulf
sliding
Shipping firm Maersk slashes forecast
2015-10-23 11:19:05| BBC News | Business | UK Edition
Maersk, the Danish shipping and oil firm, said it will probably make $600m (389m) less profit than previously thought, as global demand dropped.
Tags: shipping
firm
forecast
slashes
John Malone's Liberty Global in Talks to Acquire Caribbean Telecom Firm
2015-10-23 06:02:14| Telecom - Topix.net
A possible deal for Cable & Wireless would expand the international cable company's reach in the region and could be valued at $5 billion-plus. John Malone's Liberty Global said Thursday that it is in talks to acquire cable and telecom company Cable & Wireless Communications.
Tags: john
global
firm
telecom
General Mills Launches Venture Capital firm for Food Startups
2015-10-22 21:28:00| Food Processing
General Mills is launching a new venture capital arm to nab a stake in small companies that could someday become big players in the grocery market.
Tags: general
food
capital
firm
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