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Mobilicity cancels debtholder vote amid talks for takeover
2013-07-10 15:29:00| Telecompaper Headlines
(Telecompaper) Data & Audio-Visual Enterprises, the holding company for Canadian mobile operator Mobilicity, announced that it has adjourned a vote scheduled for 10 July by debtholders on its recapitalisation plan while it discusses a possible takeover offer for the company. Mobilicity said that it is in discussions with "multiple parties" on a possible acquisition. The company was earlier forced to abandon its takeover by Telus, after the Canadian government signalled it would not allow incumbent operators to acquire the newer entrants such as Mobilicity and their spectrum rights. Other operators that have expressed interest in or been reported to be looking at Mobilicity include US-based Verizon and Wind Mobile.
Tags: vote
talks
amid
takeover
EGYPT: Garment exporters positive amid worsening unrest
2013-07-09 14:49:00| Daily apparel & textile news and comment - from just-style.com
Egyptian garment exporters continue to reassure customers and traders that it is business as usual for the textile and clothing industry, despite an escalation in violence and a deepening economic crisis in the country.
Tags: positive
egypt
amid
exporters
Singapore Airlines upgrades cabins amid...
2013-07-09 10:32:19| Airlines - Topix.net
Singapore Airlines unveiled new seats and other in-flight amenities in all classes as part of a sweeping upgrade of its cabins in an attempt to stay competitive.
Tags: singapore
airlines
upgrades
amid
WTI Crude Falls From 14-Month High Amid Normal Suez Traffic
2013-07-09 10:25:00| OGI
Prices topped $104 a barrel as Egyptian security forces fought with supporters of ousted President Mohamed Mursi, leaving at least 50 dead.
Tags: high
normal
falls
traffic
Amid Destruction, Canadian Oil Train Crash Pollutes Rivers
2013-07-08 18:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Nature World News: Near the Maine border, a runaway train likely carrying hundreds of thousands, if not millions, of gallons of crude oil derailed Saturday and crashed into a downtown area in the Canadian town of Lac-Mégantic, Québec, causing death, destruction and untold environmental damage. At least 40 people are missing and five are confirmed dead. A large swath of the town is destroyed and thousands were forced to evacuate. As the community is still coming to terms with the tragedy, regional concerns over...
Tags: oil
train
canadian
crash
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