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Freeport-McMoRan Copper and Gold is expanding further into the energy business, announcing on Wednesday the takeovers of two oil and gas companies worth about $9 billion.
Nokia also did not neglect its bread-and-butter basic cellphone business, announcing three new handsets for its Asha line, which targets emerging markets.
Investment bank Greenhill & Company has moved into the start-up financing business, announcing Thursday that it has raised $80 million for its first venture capital fund.
Hewlett-Packard plans a sweeping transformation of its business, announcing on Thursday that it would buy the British software maker Autonomy for up to $11.7 billion and would explore options for its personal computer business, including a spinoff.
LONDON, Oct. 10 (AP) — Cadbury Schweppes appeared to end months of speculation about the future of its United States beverage business, announcing on Wednesday that it would spin off the maker of Snapple and Dr Pepper rather than sell it.
The company has been moving away from its food business, announcing that it intends to sell Jif peanut butter and Crisco shortening and focus on its personal and hair care business.
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Last year, Genworth Financial's domestic mortgage-insurance business announced a 20percentt rate increase.
Applied Power said the deal, along with the sale of its air cargo equipment business announced last week, will generate about $170 million.
On August 25th the department for business announced another effort to tackle a problem that has defeated lawmakers and media companies in several countries.
Tiffany, which has had a rocky few months in its previously lucrative Japanese business, announced last week that its Asian business was expected to improve.
Meanwhile, business secretary Vince Cable reiterated that executive pay would be one of the issues he will be probing in a review of British business, announced this week.
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