JPMorgan Chase & Co and the Bill & Melinda Gates Foundation formed the Global Health Investment Fund to combat deadly diseases in developing countries.
Corporations
Smartphones challenge Japanese camera makers
A Bloomberg report said smartphones had recently threatened sales of Japanese camera makers Nikon and Canon.
Forex service orovider OzForex sets to raise AUD440 million in IPO
In a prospectus made public on Monday, Australian foreign exchange services provider OzForex Group would be raising AUD440 million or USD413.03 million in its initial public offering October 11th.
Nikon cuts prices as smartphone sales increase
Japan-based camera maker Nikon reduced its prices in a bid to remain competitive against smartphone makers.
Palmet Enerji hires Garanti Yatirim Menkul Kiymetler, BGC Partners as IPO advisers
Two firms were hired by Palmet Enerji to advise it on its IPO scheduled next year. Turkey-based Palmet Enerji said it had hired Garanti Yatirim Menkul Kiymetler and BGC Partners to be its advisers for the group's initial public offering.
Latest News
Farmer Mac has continued to pitch itself to potential investors even as analysts continue to warn of a fall in farmland prices in 2014.
In a bid to appease investors, private equity firms in China would be resorting to selling off its maturing assets to return profits while waiting for the reopening of the mainland's IPO listing market.
Chiel Industries Inc., a unit of Samsung Group, announced to sell its fashion business and focus more on electronics materials.
The sales of BlackBerry BB10 devices in India dropped to more than half so far this year, said a report from The Economic Times.
The world's richest soccer club Real Madrid scrapped its soccer resort plan in UAE after payments defaulted with no provided guarantees.
Brooklyn Brewery would open a brewery in Stockholm in collaboration with Carlsberg A/S, D. Carnegie & Co. and a few private investors.
AirAsia India investor Arun Bhatia said he would question the Tata-Singapore Airlines joint venture after claiming he and AirAsia head Tony Fernandes were not informed about the transaction.
Wang Jianlin announced his biggest single investment in the movie and television industry valued USD8.17 billion.
An official from the Czech mining group New World Resources said on Sunday the company would close a deal to put its coking plant on sale by year's end.
