Latest Business Wires

Ciena trumps NSN to buy Nortel ops for $769 mln -sources

By Anupreeta Das and Tarmo Virki

Thailand's economy grew for a second straight quarter as government stimulus spending and an improvement in manufacturing propelled its recovery from recession, the government said Monday.

PRESS DIGEST - New York Times business news - Nov 23

BRIEF-Nokia Siemens says lost auction for Nortel assets

Humana eyes acquisitions in complementary areas-WSJ

UPDATE 3-Ciena to pay $769 mln for some Nortel assets -source

Wilbur Ross to invest in Longyuan HK IPO -prelim prospectus

Ciena wins auction for some Nortel assets -sources

UPDATE 1-Microsoft, News Corp weigh web pact -source

MUMBAI (Reuters) - Leading Indian outsourcers such as Tata Consultancy <TCS.BO>, Infosys <INFY.BO> and Wipro <WIPR.BO> stand to gain contracts worth about $1 billion in the next one or two years as U.S. banks emerge from the troubled asset relief program, the Economic Times reported on Monday.

India may get $1 bln IT outsourcing contracts-paper

Japan leans towards buying F-35 fighter jet-Kyodo

Shop green? Global survey lists top eco-friendly retailers

TOKYO (Reuters) - Japan's defense ministry is moving toward selecting Lockheed Martin Corp's <LMT.N> F-35 jet as the mainstay of its next-generation fighter force, Kyodo news agency reported on Monday, citing ministry sources.

Investment firm Chieftain Capital to split -WSJ

NEW YORK (Reuters) - Chieftain Capital Management, an investment firm with about $3 billion in assets, is breaking up following a rift among its managers, the Wall Street Journal reported on its website on Sunday.

Indonesia Market factors to watch - Nov 23

Caterpillar unit launches min A$150 mln 2012 notes

UPDATE 2-Terra board rejects latest CF bid