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Business News Headlines

Cisco nears deal to acquire BroadSoft - source

Cisco Systems Inc , the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc for close to $2 billion (£1.51 billion), a person familiar with the matter said on Sunday.

Japan shares at two-decade top, yen at three-month low on Abe win

Japanese shares jumped on a weaker yen on Monday as an election win for Shinzo Abe's ruling bloc gave a green light for more super-easy policy stimulus, while the euro eased as Spain's constitutional crisis aggravated concerns about political unity in the region.

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