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Nokia to pay EUR 1.7 bln for rest of Nokia Siemens Networks

2013-07-01 07:37:00| Telecompaper Headlines

(Telecompaper) Nokia has entered into a definitive agreement to pay EUR 1.7 billion to buy Siemens' 50 percent of mobile network equipment joint venture Nokia Siemens Networks. The transaction includes EUR 500 million borrowed from Siemens, to be paid back a year after completion. The operation has been approved by the two companies' boards and is expected to close before the end of September. Nokia plans to keep existing management and will announce the subsidiary's new name at closing. Siemens will continue to concentrate on its core areas, which no longer include telecom.

Tags: pay eur rest networks

 

Apple to cut iPhone orders for rest of year, claims analyst

2013-06-24 17:13:54| CNET News.com

Based on inventory checks and other factors, Jeffries analyst Peter Misek believes Apple will slash its iPhone orders for the third and fourth quarters. [Read more]    

Tags: year orders rest cut

 
 

EU Clothing Import Prices: China v. Rest Of World in 1st Quarter 2013 (Statistical Report)

2013-06-21 12:35:04| EmergingTextiles.com

China is losing ground in a series of key clothing categories on EU's import market, like woven suits and trousers, while making new gains with other categories, like T-shirts and pullovers, as reflected by our series of statistical tables comparing China with Rest of World (RoW) for each HS 4-digit clothing category.

Tags: world report china prices

 

Truckers must rest more beginning July 1

2013-06-20 23:26:00| Trucking - Topix.net

Executives in the trucking industry say new rules requiring drivers to take breaks and drive fewer hours in a week will cost them in productivity, and some drivers don't like the change, News 14 reports .

Tags: july rest beginning truckers

 

Dole CEO offers $12 per share to buy rest of company

2013-06-11 15:13:54| Agriculture - Topix.net

The yen jumped against the dollar, shares sagged and German Bund prices followed Japanese bonds lower on Tuesday after the Bank of Japan disappointed investors by deciding not to implement further stimulus measures.

Tags: company buy share offers

 

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