Caesars Entertainment decided to sell a golf course it owns in Macau for USD 438 million to Pearl Dynasty Investment, formally ending its wait to be issued a casino operating license.
Consumer Electronics
UN General Assembly President lauds strong growth of Chinese economy, underscores role of emerging economies
UN General Assembly President Vuk Jeremic lauded the strong growth posted by the Chinese economy. Vuk Jeremic, the President of the United National General Assembly, told Chinese media that the world's second largest economy was among those that posted the strongest growth globally.
French President stimulates jobs market to bring down unemployment rate by year's end
French President Francois Hollande said he would continue to stimulate the jobs market to chip down the soaring unemployment numbers in the country.
Swiss shop clerk tells Oprah Winfrey crocodile handbag is "too expensive" for her
A Swiss shop clerk told Oprah Winfrey that a crocodile handbag worth US$38,000 was "too expensive" for her which sparked racist slur.
China's services sector exhibits flicker of improvement
A private survey revealed that China's PMI for the services sector showed signs of growth. The HSBC/Markit Purchasing Managers' Index (PMI) survey for the services sector in China showed signs of improvement.
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Nova Capital had agreed to purchase five Newell Rubbermaid brands. The specialist accquirer for portfolios in the corporate and private equity markets,Nova Capital, announced its entry into a definitive agreement with the hardware group of Newell Rubbermaid.
Tesco said it has agreed on a joint venture with a state-run company in China. International retailer Tesco Plc agreed on a joint venture with China Resources Enterprise Ltd but will cede control to the state-run firm.
Clearlake Capital Group closed its acquisition and recapitalization of Bluefly. Private investment firm Clearlake Capital Group announced the completion of its purchase and recapitalization of online retailer Bluefly.
French food company Danone announced its acquisition of YoCrunch for an undisclosed amount. France-based food company Danone SA acquired YoCrunch. The deal enabled Danone to strengthen its foothold in the yoghurt market in the US.
The Riverside Company sold Capol, one of their exceptional investments, to Freudenberg Chemical Specialties.
TreeHouse Foods said it has forged an agreement with TorQuest Partners to buy Associated Brands GP Corporation.
Colorado-based FitBionic raised USD 2.2 million to support the global launch of its first product. Colorado-based FitBionic raised USD 2. 2 million in support of the global launch of its first product.
Time Warner beat the earnings projections of analysts as ad revenue boosted. Time Warner Inc. , HBO cable channel, CNN and TNT's owner, posted its profits for the second quarter that beat analysts' estimates.
Tameka Foster, estranged wife of R&B star Usher sought for sole custody of Usher Raymond V after a drowning incident in the music star's home in Atlanta.
