Fujikura to buy telecom gear firm Nistica
TOKYO (Reuters) - Japanese electric wire and cable maker Fujikura Ltd (5803.T) said on Monday that it plans to buy U.S. telecom equipment firm Nistica Inc, as it looks to expand in optical equipment for high-speed networks.
It did not disclose the deal price or when it is expected to close.
(Reporting by Mayumi Negishi; Editing by Joseph Radford)
NUSA DUA, Indonesia - The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add $1 trillion to the global economy
SAN FRANCISCO - At Pinterest, the four-year-old online bulletin board service that is valued near $3.8 billion, some 70 percent of the users are female. But the company's board of directors is 100 percent male. | Video
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.