Ross' investments in shipping is based on faith that emerging markets would boost trade in the long haul.
Corporations
Kingdom Tower to be managed by joint venture
EC Harris and Mace would form a joint venture to manage the construction of Kingdom Tower. The United Kingdom's EC Harris and Mace had signed a joint venture agreement to provide project management services.
Al Meera, the Qatari retailer, formalizes agreement for construction of malls in Qatar
Al Meera would be working with Al Muftah and Al Aliaa to construct malls in Qatar. Retail giant from Qatar, the Al Meera Consumer Goods Company had announced it had signed an agreement to build seven new neighborhood shopping malls in the country.
Lulu Hypermarkets expand to many other markets
Retail giant Lulu Hypermarkets, under the leadership Yussuffali MA is expanding to Asia, North Africa and Middle East.
BlackBerry stakeholders bear the brunt of a lingering crisis
Investors were positive that BlackBerry can make a comeback, but in the meantime stakeholders especially employees are taking the brunt of the crisis.
Latest News
Intel Corporation acquired e-learning software company Kno. Intel Corporation recently acquired software company Kno. The latter began as a hardware company that later pivoted into producing eTextbooks and eBooks for college and K-12 students and publishers.
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP BX.
According to Judge Sam Glasscock, it found Cooper's allegations to be without merit as against the actions of Apollo in its buyout negotiations.
Symbion, which was privatized in 2007, is preparing for its sale. Surgical facilities operator Symbion Inc, which was privatized back in 2007, is now up for sale.
In preparation for its 2014 IPO, Box had appointed banks to manage the share sale and market debut. Another one of Silicon Valley's highly anticipated IPO issues is data storage company Box.
Amidst rumors of a pending bankruptcy filing, secured bonds of OSX Brazil now trade at a two month high.
Priceline.com has appointed Darren Huston to become its new CEO. A new Chief Executive Officer was installed at Priceline. com Inc, this comes after its incumbent CEO Jeffrey Boyd would be elevated as chairman.
The Stability Fund was created as part of the bailout package of UBS AG and now, it was time for the bank to pay back the fund under a given formula.
Johnson Controls recently bought 90% of the stakes in battery maker MAC. Johnson Controls Inc. (JCI) announced its acquisition of a majority stake in battery company MAC, which conducts business across Central and South America, This was according to a report published by Journal Sentinel.
