Tag Archives: boost-its

Sony buys Ericsson out of mobile phone venture

(Reuters) – Sony Corp is to buy full control of the Sony Ericsson mobile phone venture from its Swedish partner as it seeks to boost its consumer products offering and to catch up on smartphone and tablet makers such as Apple and Samsung

Amazon revenue, spending surges; stock jumps

SAN FRANCISCO (Reuters) – Amazon.com Inc will use its surging revenue to boost growth and drive expansion into areas such as Web content and cloud computing rather than boost its margins.

Amazon revenue, spending surges; stock jumps (Reuters)

Reuters – Amazon.com Inc will use its surging revenue to boost growth and drive expansion into areas such as Web content and cloud computing rather than boost its margins.

Google eyeing further display ad acquisitions

CANNES, France (Reuters) – Google will buy more companies to boost its presence in the booming online display ad sector in a challenge to Facebook, even as European regulators examine its dominant web search position.

Oil falls to near $99 on Saudi crude output boost (AP)

AP – Oil prices fell to near $99 a barrel Monday in Asia, extending a big loss from Friday after a report said Saudi Arabia plans to boost its crude production.

BNP Paribas plans Hong Kong listing: report (AFP)

AFP – French banking giant BNP Paribas is planning to list its shares on the Hong Kong stock exchange, a report said Monday, in a bid that is likely to boost its profile in Asia, especially China.

Takeda offers $12 billion for drugs firm Nycomed: sources (Reuters)

Reuters – Japan’s Takeda Pharmaceutical Co is in talks to buy privately-held Swiss rival Nycomed for more than $12 billion, seeking to boost its presence in Europe and emerging markets, said two sources with direct knowledge of the matter.

Best Buy to open more online, mobile stores

NEW YORK (Reuters) – Best Buy Co Inc laid out a plan to boost its online and mobile businesses, in an attempt to appease investors worried about the retailer losing share to online and discount rivals.

GE to buy John Wood unit for $2.8 billion (Reuters)

Reuters – General Electric Co is to buy a unit of British energy services firm John Wood Group for about $2.8 billion, the latest move by the largest U.S. conglomerate to boost its presence in oil services.

London shares close higher as Wall Street rises (AFP)

AFP – London shares closed higher on Tuesday, reversing earlier losses as US stocks showed gains in mid-morning New York trade.