Aluminum producer Alcoa Inc said on Thursday its split into two publicly traded companies is expected to be effective November 1, after the company's board approved the separation.
Alcoa said last year it would break itself in
Silicon Valley stalwart Hewlett-Packard plans to split into two companies as it looks to put more focus on the faster-growing corporate services market, according to a Wall Street Journal report.
The move, which could be announced
Salman Khaled has already lived through Baghdad's sectarian disintegration; with Iraq now splintering into Shi'ite, Sunni Arab and Kurdish regions, he says this time the survival of the country is at stake.
Egyptian investment bank Beltone Financial will discuss the possibility of splitting its shares on Monday, it said in a statement to the Cairo stock exchange.
Last week Beltone said that, together with a group
Air Berlin's management is considering splitting the group in two, German magazine Focus reported on Sunday, citing remarks by one of the company's senior managers.
Air Berlin, in which Gulf carrier Etihad owns a 29.2 perc
Deep divisions between France and Germany mean they will make scant progress on strengthening the euro zone bailout fund at a summit on Sunday, in a sign that Europe's leaders are still some way from getting a grip on the bloc's debt crisi
Germany and France were split ahead of crucial talks on Sunday over how to strengthen shaky European banks and fight financial market contagion to prepare for a possible Greek default.
Under strong US and market pressure Chancellor Angela
Air France-KLM has split a $12 billion order for long-range jets following a year-long competition, announcing plans to buy 25 Boeing 787 Dreamliners and 25 Airbus A350s.
The move is part of a plan to renew the fleet of Europe's largest ai
McGraw-Hill, agreeing to investor demands, said on Monday it will divide itself into a markets data company that includes its Standard & Poor's ratings businesses and an education company for textbook publishing.
The breakup of the min
Economics, rather than politics was behind the collapse of this week's Opec talks and the group as a whole would act if it grew worried about oil supplies running short, a top Opec official said on Thursday.
The Organization of the Pet