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VW mulls separate listing of trucks business - Manager Magazin

2015-01-21 17:29:40| Automakers - Topix.net

Volkswagen AG may restructure its trucks business so that it could be spun off from the main group, and establish a separate headquarters for it in Frankfurt, German monthly Manager Magazin said, citing company sources. Manager Magazin said the trucks holding company would be structured so it could be listed on the stock exchange in the event that parent company Volkswagen wanted to raise cash.

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Google mulls acquisition of Softcard - report

2015-01-19 08:55:00| Telecompaper Headlines

(Telecompaper) Google is in talks with Softcard, a payment technology consortium backed by Verizon Wireless, AT&T and T-Mobile, for a price estimated at under USD 100 million, TechCrunch reported, citing sources familiar with the situation. Softcard was launched in 2010 under the name of Isis. The joint venture laid off around 60 employees earlier this month and is trying to restructure. Google is reportedly interested in Softcard patents and applications for patents. The joint venture has just over 120 in all. There are also existing relationships with carriers. Google declined to comment.

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China Telecom mulls Mexico investment

2015-01-19 01:00:00| Total Telecom industry news

Operator reportedly prepping bid for country's $10 billion shared mobile network.

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Carlsberg mulls cutting Special Brew, Skol Super ABVs in UK

2015-01-12 15:58:00| Daily beverage news and comment - from just-drinks.com

Carlsberg is considering a range of options in the UK over its super-strength lager brands Special Brew and Skol Super, including cutting their ABVs, as part of the country's government's Responsibility Deal.

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United Airlines dumps losing hedges, mulls new ones for long term

2015-01-10 02:13:36| Airlines - Topix.net

The Chicago-based carrier reported Friday that it has shrunk its hedge position to cover 22 percent of the fuel it consumes in 2015, down from the 24 percent it had anticipated when oil prices were higher. The airline said it did so at a cost, raising its average fuel expenses last quarter to $2.83 per gallon from up to $2.76 per gallon, the price it had estimated on Dec. 8. This move represents just one step of a broader effort parent company United Continental Holdings Inc has taken to evaluate its fuel hedges, a United spokesman told Reuters.

Tags: long united term losing

 

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