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Polaroid stops manufacture of legendary cameras

American Polaroid Corp. stops of one-stage process cameras manufacture. This technology in due time has appeared revolutionary; however, it has not sustained a competition to digital photo.
The company has declared about closing the factories in state of Massachusetts, Mexico and the Netherlands and reduction of 450 workplaces.
Polaroid will keep 150 employees and will concentrate on […]

The government of Germany demands 41 million euro from Nokia

The government of Germany has demanded from the manufacturer of mobile phones Nokia Oyj to return the state grant at the rate of 41 million the euro, received on financing of a factory, which now the company intends to close. The specified grants, which state bank NRW.Bank demands to return, have been given in 1998, […]

Yahoo and Google are measured to resist Microsoft

Representatives American Internet-company Yahoo! Inc. try to agree with competing Google Inc. about cooperation for opposition to offer Microsoft Corp.
It has become known that management of Yahoo! considers that Microsoft’s offer is strongly underestimated.
Let’s remind, on February, 1st, 2008, Microsoft has offered to buy Yahoo! Inc. for each for 44,6 billion dollars. The owner Internet-portal […]

Microsoft buys Yahoo for $44,6 billion

Software developer Microsoft has offered to get Yahoo! Inc. for 44,6 billion dollars. As it has been informed in the company’s press release, corresponding offer has been directed to Yahoo board of directors.
Popular Internet-portal Microsoft offers to pay 31 dollars for each owner share, what is on 62 % above the market price of Yahoo! […]

Net profit of Canon has increased up to $4,57 billion

In 2007 net profit of Japanese electronics manufacturer Canon Inc. has grown on 7,2 % - up to 488,33 billion yens (4,57 billion dollars) in comparison with 455,33 billion yens (4,26 billion dollars), received year earlier.
As it has become known from company’s financial report, published on Wednesday, for the accounting period Canon’s sales volume has […]

The unknown company has declared about purchase of Sony and Toyota

The unknown to general public the Japanese company Teramento Corporation proves that it has got control share holdings of six large companies, including such giants, as Toyota Motor Corp. and Sony Corp.
Teramento has submitted to Management on financial operations of Japan documents from which it follows that the company has ostensibly got on 51 % […]

SK Group will invest $8,63 billion into infrastructure

South-Korean company SK Group, the parent company oil refining SK Corp and the operator of cellular communication SK Telecom Co., largest company in South Korea, has declared today, that this year it will invest up to 8,63 billion dollars in expansion of activity of the company.
Thus the most part of means - 7,44 billion dollars […]

Alitalia approves sale of Air France-KLM

The board of directors of Italian airline Alitalia supports a nominee of competitor Air France-KLM as the buyer of a state block of shares. Such decision has been accepted during special assembly of Alitalia’s members of board.
Air France-KLM considers, that this transaction will allow to reach significant synergetic effect and plans to invest nearby 6,5 […]

The government of France has agreed on privatization of Gaz de France

Already in the near future already in the near future French power company Gaz de France can be transferred in private hands. The corresponding decree is published by the government of the country.
Now the percent of the state shares in Gaz de France makes approximately 80 %. Perspective alterations have been brought in the French […]

LaSalle will invest $20 billion in the real estate of Asia

Company LaSalle Investment Management, which is specializing on investments into the real estate worldwide, will invest 20 billion dollars in the real estate in Asia within the nearest 3-4 years.
As executive director of the company has informed, it is connected with region’s investment attractiveness. Thus it has added that at least half of this sum […]

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