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DBP, LBP merger pushed

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banking

Two state-owned banks may soon be merged amid efforts to save money and streamline operations ahead of the integration of Southeast Asia’s financial system starting 2015.

Posted: October 5th, 2014 in Latest Business Stories | Read More »

Google buys product design firm Gecko

Gecko Design logo

Google on Friday confirmed that it bought Gecko Design to bolster its lab devoted to technology-advancing projects such as self-driving cars and Internet-linked Glass eyewear.

Posted: August 23rd, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Holcim, LaFarge pick local units to combine or sell off before merger

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ASIDE from safety, Holcim Philippines is also concerned about the environment. It developed a sustainable environmental project for its La Union plant that involved improving the coastal villages’ sea urchin harvesting trade in 2009, as well as a reforestation program to protect their shores.

In line with the $40-billion merger plan of global cement giants Holcim and LaFarge, their Philippine units are mapping out which local businesses to combine and which redundant assets to be auctioned off.

Posted: July 7th, 2014 in Latest Business Stories | Read More »

NextStage aborts merger plan

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Holding firm NextStage Inc. has aborted plans to merge with coconut-based vodka producer VuQo Inc. given restrictions on private placements among companies joining the bourse through backdoor listing.

Posted: February 7th, 2014 in Headlines | Read More »

Fiat strikes deal for full merger with Chrysler

A combo of file images shows the logos of Italian car manufacturer Fiat and US automobile heavyweight Chrysler. AFP FILE PHOTO

Italian carmaker Fiat said on Wednesday it had agreed to buy up the remainder of Chrysler in an historic $3.65-billion (2.66-billion-euro) deal, paving the way for a full merger that will create a new global auto giant.

Posted: January 2nd, 2014 in Latest Business Stories,Photos & Videos | Read More »

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