Bedlam Asset Management, a London-based fund manager founded by former Credit Lyonnais Securities Asia managing director Jonathan Compton, would be closing shop after chief executive officer Ian McCallum quit without notice last October.
Country
MALAYSIA'S KHAZANAH COMPLETES $252 MLN STAKE BUY IN TURKEY INSURER
Khazanah Nasional Bhd, Malaysia's state investment firm, said its insurance arm has completed the $252 million purchase of a 90 percent stake in Turkish insurer Acibadem Saglik ve Hayat Sigorta.
IBM acquires Fiberlink for mobile device management
New York-based International Business Machines (IBM) bought mobile security firm Fiberlink Communications for an undisclosed amount to amp up its poorly-rated mobile device management (MDM) solution.
FAIRHOLME CAPITAL MANAGEMENT PROPOSES TO BUY INSURANCE BUSINESSES FROM FANNIE MAE AND FREDDIE MAC
Fairholme Capital Management announces proposal for purchase of insurance businesses from Fannie Mae and Freddie Mac
What to watch in the day ahead
The world's largest retailer is likely to provide an update on its layaway program's results and on early indications of whether shoppers are taking to its first holiday specials. Wall Street is waiting to see whether Wal-Mart again cuts its fiscal year forecast.
Latest News
A total of USD3.9 million was raised in a Series A funding round for Scoopshot by lead investors Conor Venture Partners and the Finnish Industry Investment and the startup's existing investors.
The first office tower at Ground Zero since the September 11, 2001 attacks that destroyed the World Trade Center will open on Wednesday, marking a comeback for the Lower Manhattan site.
Mustbin allows users to store photos of importance like pictures of documents, forms and receipts on the cloud via a smartphone, and the startup who created the app planned to use the seed investment to create an app version for Android and the iPad.
Crocs Inc, known for its colorful clogs, is considering going private, among other strategic options, a person familiar with the matter said on Wednesday.
Apple Inc was not a stranger to claims by foreign governments who insisted that the Cupertino, California-based company had used specific accounting practices in order to avoid paying hefty taxes.
Synaptics Inc reported in its Form 8-K that on November 7, 2013, Synaptics Incorporated, completed its acquisition of Validity Sensors, Inc., pursuant to the terms of an Agreement and Plan of Reorganization, dated as of October 9, 201
Ezoic's automated website layout and ad improvement software was central to the closure of USD5.6 million Series A funding round through the efforts of Balderton Capital and other investors.
Although it has plans to spin off its power plants, Canadian Solar Inc otherwise had a best-performing third quarter after incurring losses successively in its last eight quarters.
Co-founder and CEO Dan Robichaud of Password manager applicaton PasswordBox believed that Apple Inc's new TouchID system for its smartphones and iPads would be a great opportunity for the app maker to capitalize on.
