conglomerate

Liberty drops Barnes & Noble bid, to invest $204M

Newsvine - business  Thu, 08/18/2011 - 16:54

Barnes & Noble Inc. says Liberty Media, the conglomerate controlled by John Malone, has dropped its bid to buy the bookseller and instead will invest $204 million in the company.


 

Wall Street Journal Responds to Critics Amid Murdoch Phone Hacki...

Topix - Business News  Mon, 07/18/2011 - 11:02

The Wall Street Journal , part of Rupert Murdoch 's News Corp., on Monday defended itself against critics who have argued that its ownership by the conglomerate has hurt the newspaper and its reputation.


 

Dubai group looking to buy Afghan bank

Newsvine - business  Sun, 04/24/2011 - 09:04

A Dubai-based conglomerate is seeking approval to buy a bank in Afghanistan as authorities there try to restore confidence in the scandal-tainted financial industry.


 

Off the Catwalk, the Battle for Hermès

NYT > Business  Sat, 03/05/2011 - 17:40

The LVMH conglomerate is angling to take over Hermès. But the Hermès family has rallied against the idea.


 

Dubai's Drydocks World gets $200M in financing

Newsvine - business  Sun, 01/23/2011 - 00:31

The shipbuilding and repair arm of indebted state conglomerate Dubai World says it has secured $200 million in immediate financing and plans to begin talks with creditors to restructure its debt.


 

Dubai's ruler shakes up Dubai World leadership

Newsvine - business  Mon, 12/13/2010 - 03:53

Dubai's ruler has replaced the longtime head of Dubai World with the chief of Emirates airline, turning to one of his closest confidants to lead the turnaround of the debt-laden conglomerate.


 

Dubai Offers $9.5B in New Aid to Struggling Firm

Digg - Business & Finance  Fri, 03/26/2010 - 00:10

Dubai's government said Thursday it will pump up to $9.5 billion into its chief conglomerate Dubai World and a key subsidiary as part of a long-awaited restructuring plan to rescue it from crippling debt.

The proposal, which still needs approval from creditors, comes after months of talks following Dubai World's bombshell announcement in Nov...


 

Jury: Bayer must pay $1.5M to AK, MS rice farmers

Newsvine - business  Sat, 02/06/2010 - 19:31

A federal court jury has ordered the German conglomerate Bayer CropScience to pay $1.5 million to farmers in Arkansas and Mississippi whose rice seed was contaminated with a genetically altered strain.


 

Abu Dhabi gives Dubai $10 billion in surprise bailout

Topix - Business News  Mon, 12/14/2009 - 05:18

Abu Dhabi stepped in to help fellow United Arab Emirates member Dubai with a $10 billion injection, of which $4.1 billion was allocated to troubled state-owned conglomerate Dubai World to pay immediate obligations, Dubai said on Monday.


 

Ex-spy, submarines, Dubai co. part of Fla. lawsuit

Newsvine - business  Tue, 11/24/2009 - 04:00

Former French intelligence officer Herve Jaubert believed he was essentially being held captive in Dubai when his passport was confiscated by authorities amid a dispute with his employer, a powerful government-run conglomerate.

He claimed he was threatened with torture and worried each day he would be arrested.