World-Business/Business-Finance news

VH1 has greenlit three new series, two about transforming people from the inside out and one that hopes to shed some light on a few untimely deaths.

SAP AG (NYSE: SAP) today announced that the bank plans to start a multi-year initiative in 2010 to replace individual software solutions in its home market by a new core banking system based on SAP® for Banking solutions.

The world is being reset, creating opportunities and challenges for governments, businesses, and communities. A number of key trends are emerging to shape and redefine the business world, and businesses everywhere are looking for new ways of realizing long-term sustainable growth.

IBM (NYSE: IBM) today announced it has signed a definitive agreement to acquire National Interest Security Company, LLC (NISC) to further strengthen IBM’s ability to deliver advanced analytics and IT solutions to the public sector.

Siemens Venture Capital (SVC) is investing USD 50 mn in the DB Masdar Clean Tech Fund that is being set up by Masdar and Deutsche Bank.

Boeing will deliver the replacement wing sets to Hill Air Force Base, Utah, in four parts: three wing sections and an installation kit. Air Force personnel will install the wings.

As announced on 7 October 2009, the divestment is in line with ING’s Back to Basics strategy to focus on fewer franchises and reduce the complexity of the group.

Boeing (NYSE: BA) has completed initial airworthiness testing on the 787 Dreamliner. This milestone will enable more crew members to take part in flights and will allow more airplanes to join the flight test program.

VMware, Inc. (NYSE: VMW), the global leader in virtualization solutions from the desktop through the datacenter and to the cloud, today announced that it has entered into a definitive agreement to acquire Zimbra, a leading vendor of email and collaboration software, from Yahoo! Inc.

The integration of sensors, weapons and battle management software through IBCS will provide the warfighter with a unified, open-architecture environment and the capability to counter continually evolving air and missile threats

Closes the Gap Between Business Expectations and IT with Improved Service Management for Enterprise and Cloud Environments

As a result of the Transaction, FEMSA will hold a 20.0% economic interest in the Heineken Group (with shareholdings at both Heineken and Heineken Holding N.V. (“Heineken Holding”)).

With the deep chill of winter settling in, Duke Energy (NYSE: DUK) offers customers some simple tips to help manage their heating bills.

The business will be sold for a total consideration of ?84.7 million. Subject to regulatory approvals, the divestment is expected to be completed in the first quarter of 2010.

Boeing [NYSE: BA] today announced that Increment 1 of the U.S. Army's Brigade Combat Team Modernization program was approved to begin Low-Rate Initial Production early in 2010 as a result of the Milestone C production review by the Defense Acquisition Board (DAB) on Dec. 22.

Eastman Kodak Company (NYSE: EK) announced today that it has agreed to negotiate a settlement agreement and a technology cross license with Samsung Electronics Co., Ltd.

Telefónica today announced the acquisition of the leading communications innovator JAJAH for the value of €145 ($207 million) million in an all-cash transaction. The agreement is subject to formal clearance by CNC, the Spanish competition authority.

GE Money announced a multi-year agreement to provide consumer financing for EcoQuest products through the Home Design credit program, managed by GE Money's Sales Finance unit. EcoQuest is a registered trademark of DBG Group Investments, LLC. EcoQuest products are marketed and sold through a network of independent business owners throughout North America.

The swap, which is still subject to government approval and other requisite consents, would rearrange the companies’ ownership interests in Gabon, the UK and Norway.

Thermotechnology division plans to acquire all the shares in Köhler & Ziegler Anlagetechnik GmbH, a German manufacturer of combined heat and power plants. Agreements to this effect were signed on December 18, 2009.