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BASF Puts Brakes On Texas Propylene Plant

2016-06-10 17:48:00| Chemical Processing

The company postpones building the Freeport plant due to volatile commodity prices.

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Amazon puts additional USD 3 bln into Indian business

2016-06-08 08:45:00| Telecompaper Headlines

(Telecompaper) Amazon.com wants to put an additional USD 3 billion into developing its India operations, Bloomberg. The latest commitment, unveiled by CEO Jeff Bezos at the US-India Business Council's Leadership Summit in Washington, more than doubles Amazon's total pledged investment since 2014 to USD 5 billion. Amazon has targeted India for international growth after pulling back from China due to fierce competition from Alibaba. In addition to seeking new customers, Amazon is also looking in India for new inventory to sell globally.

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Yahoo puts 3000 patents on sale

2016-06-08 08:35:00| Telecompaper Headlines

(Telecompaper) Yahoo has put over 3000 patents in the shop window as it looks into ways of monetizing its intellectual property, Bloomberg reported. The company wants to sell patents and patents pending held by its Excalibur unit that include search, advertising and cloud-based technology. There is no reserve price or guidance.

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Yahoo puts 3,000 patents on the block

2016-06-08 02:00:00| Total Telecom industry news

Auction reportedly expected to raise more than $1 billion for beleaguered Internet company.

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Treasury Wine Estates puts California vineyards up for sale

2016-06-03 10:47:00| Daily beverage news and comment - from just-drinks.com

Treasury Wine Estates is to sell off some of its Californian wineries as part of a shake-up of assets recently acquired from Diageo.

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