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Tag Archives: dollars

Porsche builds engines with Harley Davidson

The German car manufacturer Porsche has announced an agreement with the famous American motorcycle manufacturer Harley-Davidson. The collaboration is aimed at the joint realization of motorcycle engines in the U.S.. Both companies have invested in the project 10 million dollars. Porsche has announced that production had already begun. The title Porsche marks the Frankfurt Stock [...]

The cold is on the Web

Sea Power Resources International, the largest logistics operator in the cold of Hong Kong, wants to offer its customers a ‘one-stop service. To this end, has invested 10 million dollars in the collaboration project with the Polytechnic of Hong Kong aims to build a Web site that enables the real-time links between manufacturers and retailers [...]

Baan, increase revenues copyright

The Dutch software company Baan, today released data on the fourth quarter recorded a loss of 236 million dollars. The result is in line with the announcement by the company last month. Baan has however seen to increase profits from royalties of 92% over last year. The CEO of the company, Pierre Everaert, spoke of [...]

Blue Sky Broadcasting Internet investments

Blue Sky Broadcasting has announced plans to increase its investment on the Internet at 400 million dollars. More details on the plans of the company will be given next week. The market expects the company to invest more in its portal Sportal, a first step which should lead to integration between the Internet and TV. [...]

Funds, Unicredito finds Momentum

Pioneer, the asset management companies of the UniCredit Group, has acquired 100% of hedge fund management company Momentum Asset Management for a total of 110 million dollars. Momentum, which manages assets for a half billion euros, will be integrated within Pioneer Alternative Investments.

Tags: Dollar, dollars, euro, euros, invest, investments

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ABB $ 330 million contract signed with Statoil

ABB, the Swiss group active in the fields of energy and automation technology, said it has signed a contract worth 330 million dollars with the Norwegian Statoil for the maintenance and modification of six offshore oil and gas offshore in the North Sea and the proposed refinery onshore Kollsnes. This agreement will be operational from [...]

IntesaBci: Sudameris to Itau for about $ 1440 million

Banque Sudameris, controlled by IntesaBci, and Banco Itau today signed an agreement for the purchase of shares for the 94.57% stake in Banco Sudameris Brasil. The final price offered is the sum of adjusted net assets at 31 December 2001 of Banco Sudameris Brasil and the element of goodwill attached to 925 million dollars, which [...]

Deutsche Telekom bond issue record

According to analysts, Deutsche Telekom will use the money from the bond record 13.5 billion dollars announced today for new acquisitions and to pay for UMTS licenses. The group has already made it known for months that it wished to expand in the United States, but no name has been done since the takeover attempt [...]

Vivendi and Canal Plus continues to rise

The two French Vivendi and Canal Plus are continuing to recover recent losses while completamneto agreement with Seagram is now at hand. Under the agreement, the French multi-utility giant will buy the U.S. media company Seagram to create Vivendi Universal, which should reach a market capitalization of 100 billion dollars. Living marks +1.78% and +5.73% [...]

Collapse of oil prices

Continue down the price of oil since Monday has left the field almost 8%. The fact Brent is trading at 28.7 U.S. dollars per barrel and it seems that is not yet finished the descent because, according to rumors, in addition to Saudi Arabia, other countries of black gold producers seem intent on increasing production.

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