Emerging economies will lead growth in 2013 according to a report released on Wednesday. Emerging economies will lead growth in 2013 as the global economic outlook remains challenged by the eurozone's debt crisis and high unemployment in the United States, according to a report released on Wednesday.
Asia/Pacific
Deals of the day — mergers and acquisitions
Bids, mergers, acquisitions and disposals on Thursday The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:- Amazon.
Proposed Regulatory Uniformity to Boost Venture Capital Investments in Healthcare Arena
Venture capital funding to focus on enhanced drug delivery and product life cycle management technologies
Canada minister won't comment on possible Lenovo bid for RIM
Lenovo Chief Financial Officer Wong Wai Ming told Bloomberg his company was looking at all opportunities including RIM
RIM shares rally on report of Lenovo interest
Shares of Research In Motion Ltd jumped more than 3 percent on Thursday Shares of Research In Motion Ltd jumped more than 3 percent on Thursday after a report that China's Lenovo Group said a bid for the BlackBerry maker was among the options available to boost its mobile business.
Latest News
Bids, mergers, acquisitions and disposals on Wednesday The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: - Cisco Systems Inc said it will buy Israeli software maker Intucell for about $475 million in cash to expand its mobile network management offerings.
Toyota is nearing an agreement to license its fuel-cell vehicle technology to BMW Japanese automaker Toyota Motor Corp is nearing an agreement to license its fuel-cell vehicle technology to Germany's BMW AG BMWG.
A report submitted by the U.S. House of Representatives Committee on Energy and Commerce found out that U.S. subsidiaries of foreign corporations have received around one-quarter of $16 billion from Section 1603 grant program.
Japanese conglomerates Mitsubishi Heavy Industries and Hitachi Ltd have decided to merge their thermal power businesses to take a vantage position in the domestic fossil-fuel power business.
The general economic buoyancy in South-east Asian countries coupled with steady credit growth has perceptibly increased global investor interest in leading banks operating in the region.
Russia's largest oil company Rosneft is all set to buy a 50% stake in TNK-BP from BP for a total consideration of about 55 billion.
Singapore-based Overseas Union Enterprise (OUE) has made a record $12.7 billion bid for Fraser & Neave, a leading Pan-Asian consumer group with major interests in food & beverage (F&B), property, publishing and printing businesses.
Economic slowdown in China accompanied by new M&A-friendly regulatory norms have encouraged China-focused private equity firm FountainVest Partners to raise a second fund with the primary objective of making fresh acquisitions.
The U.S. private equity investor FLAG Capital Management announced today that it will acquire Hong Kong-based Squadron Capital, which manages $1.5 million in assets, PRNewswire reported. Its acquisition of the private equity firm will give FLAG a presence in Asia, increasing its total assets under management to $6 billion.
