Monday, 1 June 2015

Intel's Altera deal is official

Intel has agreed to buy chipmaker Altera for $16.7 billion, as part of a plan to expand its line-up of higher-margin chips used in data centers. Bobbi Rebell reports.






Wheelchair soccer team practices ahead of international championship

Brazilian powerchair soccer team is revving up their motorized wheelchairs as they train ahead of the South American championships. Roselle Chen reports.






Malaysia Airlines 'technically bankrupt' - CEO

The Chief Executive of disaster-hit Malaysia Airlines says that the carrier is "technically bankrupt." As Amy Pollock reports he also says a third of jobs will be cut and some international routes will be scrapped.






Breakingviews: Intel's rosy revenue hopes

The chip giant reckons new business, not cost cuts, will bring most of the value from its $17 bln Altera deal. Breakingviews editors caution against putting faith in such top-line synergies.






Windows 10 to launch July 29

Microsoft has to get it right this time in light of the unpopularity of its predecessor, Windows 8. Fred Katayama reports.






Plus500 shares begin to bounce on Playtech deal

Plus500 saw its shares rise slightly after the acquisition but it is still recovering.

Lloyds retail share sale confirmed

The government has confirmed that it will launch a share sale open to retail investors "in the next 12 months".