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Signet Jewelers said to be in talks with Alrosa, the Russian diamond mining giant

2013-10-01 01:00:25| Jewelry - Topix.net

The International Diamond Exchange is reporting that Alrosa, a Russian diamond mining company, is "close to signing a three-year supply contract" with Signet Jewelers Ltd., the parent company of Kay Jewelers and Jared the Galleria of Jewelry, for about $80 million worth of diamonds.

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Vodacom, Neotel confirm merger talks

2013-09-30 16:21:00| Telecompaper Headlines

(Telecompaper) India-based Tata Communications confirmed it's in exclusive talks to sell South Africa fixed operator Neotel to Vodacom, the African subsidiary of Vodafone. A final deal will depend on further negotiations, as well as regulatory and corporate approvals. The operators said the takeover would stimulate greater competition in the South African fixed telecommunications market, where Neotel has struggled to gain ground against incumbent Telkom. Vodacom will be able to expand into the growing fixed internet market, bundling offers with its mobile services for consumers and businesses, as well as profit from Neotel's spectrum holdings and backbone network. If the deal is implemented, Vodacom said it intends to invest significantly in the combined entity to provide high-speed fixed connectivity to many more businesses and consumers. No financial details of the proposed merger were announced. Earlier reports suggested that Tata's stake in Neotel could be worth around USD 500 million.

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Morning Call: Kroger's contract talks, companies' fear of hiring,...

2013-09-30 15:26:30| Grocery - Topix.net

Morning Call: Kroger's contract talks, companies' fear of hiring, Toyota recall, new way to buy glasses and more in Monday's top headlines Obamacare hanging over Kroger's contract talks, the recession's shadow hanging over hiring, breaking the bonds of your eyeglass frames, fracking regulation, Toyota recall, Buckeyes fans' spending and more in ... (more)

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From Germany to Alabama: Former Gov. Jim Folsom Jr. talks about bringing home Mercedes-Benz

2013-09-30 07:18:56| Automakers - Topix.net

In September 1993, then-Alabama Gov. Jim Folsom Jr. was attending a meeting of the Southern Governors Association in Richmond, Va., when he got a phone call that would change the course of the state's economy and send a shock through the international business community.

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Etisalat Extends Talks With Vivendi on Maroc Telecom Offer

2013-09-30 04:04:35| Telecom - Topix.net

Emirates Telecommunications Corp., the Abu Dhabi-based phone operator, agreed to extend talks with Vivendi SA on a planned purchase of the French company's stake in Maroc Telecom SA for 4.2 billion euros .

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