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COMMODITIES-Oil slides, gold rises as Senate stops U.S. debt limit talks

2013-10-16 05:02:04| IT Services - Topix.net

Most commodities ended lower on Tuesday, with oil, energy and metal markets falling as the U.S. Congress continued to wrangle over the U.S. debt limit, while gold erased early losses to gain 1 percent on the Washington impasse.

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SoftBank in talks with Brightstar

2013-10-16 02:00:00| Total Telecom industry news

Handset services provider generated $6.3 billion of revenue in 2012.

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Allianz in exclusive talks with IBM on IT outsourcing

2013-10-15 19:42:43| IT Services - Topix.net

Allianz has entered into exclusive negotiations with IBM to outsource large parts of its in-house information technology services, the German insurer said on Tuesday.

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VIDEO: 'Frantic talks' over US debt deal

2013-10-15 14:01:41| BBC News | Business | UK Edition

The US Senate is nearing a deal to raise the federal debt ceiling, but Republicans in the lower house have yet to agree.

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Telefonica confirms talks to sell Czech activities

2013-10-15 10:06:00| Telecompaper Headlines

(Telecompaper) Telefonica has confirmed talks to sell its stake in Telefonica Czech Republic. The Spanish operator said that it's considering "strategic alternatives" for its Czech activities, including talks with Czech investment group PPF. Earlier press reports said PPF, owned by the country's richest man Petr Kellner, was a likely buyer of Telefonica's 69 percent stake in the incumbent Czech operator. The sale is part of efforts to reduce debt at Telefonica and follows other disposals such as the sale of O2 Ireland.

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