Tag Archives: Business/Finance

30Jun/15

Analyst says Germany playing “dangerous game of chicken” with Greece

As Greece pleads for a short-term bailout extension to avert a midnight default, a U.S. analyst says Germany must urge the IMF to offer some sort of face-saving measure for Greece or risk further economic fallout.

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12Jun/15

BlackBerry may launch Android phone

(Reuters Business Report) – Remember BlackBerry? The pioneering smartphone maker is thinking about doing what was once considered unthinkable: putting rival Android software on its smartphone for the first time. Sources tell Reuters it’ll probably use Google’s Android on an upcoming phone this fall that will combine a touch screen with a physical keyboard. That would give its keyboard-loving fans access to the much wider selection of apps that Android offers.
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07Jun/15

Deutsche Bank makes John Cryan CEO

John Cryan, former UBS Chief Financial Officer and on Deutsche Bank’s supervisory board, has been appointed the latter’s new Chief Executive Officer, as the bank tries to clean up its image.
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29May/15

Intel nears deal to buy Altera

(Reuters Business Report) – Another huge chip deal nearing the finish line: The New York Post reports Intel is close to buying Altera for roughly $15 billion. It says the deal could come together by the end of next week. The semiconductor giant would pay about $54 a share, a 15 percent premium over Thursday’s closing price.
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25May/15

Nigeria fuel shortages hit MTN, Guaranty Trust bank

Severe fuel shortages in Nigeria hit the services of Africa’s largest mobile telecoms operator, MTN, and force Guaranty Trust Bank to close its branches nationwide at lunchtime, the companies say.
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