Oaktree Capital Management's Stock Spirits Group announced plans of a share sale to raise GBP 52 million.
Consumer Electronics
Fixing Metro-North Railroad may take three weeks
Commuters who take the Metro-North Railroad train may need to wait for three weeks until the cable failure that disrupted operations yesterday would be fixed.
Postal Service proposes raising stamp price
The USPS had proposed to raise the price of its first-class stamp to USD 0.49. The US Postal Service (USPS) has proposed to increase the cost of a first-class stamp by USD 0.
Sofitel set to expand in the Gulf region
Sofitel would be opening hotels in Qatar and Saudi Arabia. Sofitel, the luxury hotel brand, is owned by French company Accor, was said to be in active discussion to sign new hotels located in Qatar and Saudi Arabia.
RidePal scores USD 3.2 million in Series A round
RidePal gathered USD 3.2 million for its Series A round. San Francisco-based shuttle service provider RidePal announced that it was able to score USD 3.
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French financial newspaper Les Echos said on its report Wednesday that French construction and concessions company Vinci was considering of selling its parking concession business to generate funds for future acquisitions.
JC Penney is now deep in plans to increase its cash reserves and financial well-being through loans and other means.
France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.
Opus Global Holdings is partnership between GTCR and Douglas Bergeron to deliver Leaders Strategy for firms.
In accordance with its expansion plans, Fonterra Cooperative Group is now building a UHT milk processing plant in China, despite a recent poisoning scare and corruption investigations done by government.
Lufthansa Chief Executive Officer Christoph Franz said the European airline had left its door open for the possibility of forging a future alliance with Gulf airline companies.
Video game developer Rockstar Games and its latest video game release Grand Theft Auto 5 broke new records in UK.
The city morgue of Nairobi had readied itself to receive more dead bodies from the mall attack in Nairobi, Kenya.
In a meeting on Tuesday, a whopping 96% of Smithfield Foods Inc shareholders voted in favor of the USD4.7 billion acquisition by Shuanghui International Holdings Ltd.
