Major electric appliance maker Panasonic Corp. will launch talks for the acquisition of Sanyo Electric Co. , now under business reconstruction, with Sanyo's top three shareholders, Panasonic officials said Saturday. The deal, if realized, will create Japan's biggest electronics maker
Fujitsu Ltd. is in the final stage of talks for acquiring Siemens AG's entire stake in the Japanese and German electronics firms' fifty-fifty computer joint venture in the Netherlands, informed sources said Saturday. Fujitsu aims to take full control of
In an apparent bid to cash in on recent historically low stock prices, individual investors are rushing to open trading accounts at online brokerage firms. The number of newly opened accounts in October doubled from September, Internet-only Rakuten Securities Inc.
Two Japanese condominium developers on Friday collapsed due mainly to funding problems amid a quickly deteriorating business environment for the industry. Dynacity Corp. filed for bankruptcy protection with 52 billion yen in debts. The Jasdaq Securities Exchange will delist the
Japan's Electric Power Development Co. said Friday it has agreed to buy back its own shares held by The Children's Investment Fund, ending a two-year, high-profile takeover battle staged by the British fund. The Japanese power wholesaler, better known as
Japan's 10 major power suppliers cut by half their planned rate hikes for households for the January-March quarter next year in response to the economic downturn. Rate increases for monthly electricity bills will now range from 57 yen to 567
Ukrainian President Viktor Yushchenko refused to participate in a conference in Riga entitled "United and free Europe. 90 years of experience". As a REGNUM correspondent reports, no reasons were specified.It is worth mentioning, the conference is timed to the 90th
All Nippon Airways said Friday its first-half operating profit fell for the third straight year due to falling demand and higher fuel costs. Group operating profit fell 25.7 pct in the first half ended in September from a year before
ArmInfo. VivaCell-MTS, a subsidiary of Mobile TeleSystems OJSC (NYSE: MBT), announces the completion of the heating system installation works in the secondary school No. 1 of Mrgashat illage, Armavir region (marz), for which the company provided AMD 37.6 million. The
ArmInfo. Foreign Ministers of Armenia, Azerbaijan and Russia Edward Nalbandyan, Elmar Mammedyarov and Sergey Lavrov met in Moscow. Armenian Foreign Ministry Department for Information and Press reports the ministers met to prepare the meeting of Armenian, Azerbaijani and Russian Presidents
ArmInfo. VivaCell - MTS announced the opening ceremony of the project aimed at raising awareness of one of Armenia's historical - cultural masterpieces - Zvartnots Cathedral Friday. The long-term program being implemented jointly with the Ministry of Culture, USAID/CAPS and
It is equally certain that the Obama administration will not want to rock the boat as far as welcome developments in ties between Turkey and Armenia, the Turkish observer writes.
President Dmitri Medvedev may have invited the presidents of Armenia and Azerbaijan to come to Moscow for negotiations partly as a way of demonstrating Russia’s preeminent position vis-a-vis the other Minsk Group countries," Goble says.
