Aston Martin announces collaboration with Daimler for new engine production. Global luxury carmaker Aston Martin announced on Thursday that it is planning to sign a deal with Daimler's Mercedes-AMG GmbH unit for the release of a new line of bespoke v8 engines.
Firm Management
KKR Group may have to salvage US$48 billion TXU investment with junior bonds
KKR & Co. and TPG may have to rely on US$1.48 billion junior bonds to offset failing TXU investment.
XL Group partners with Stone Point to form Bermuda investment arm
XL Group and Stone Point Capital joins forces and resources for new investment management unit. XL Group and Stone Point Capital LLC announced the finalization of their new Bermuda-based investment management company for insurance-linked securities and other reinsurance capital market products on Thursday.
Librato Closes US$3.8 mln Series A Fund
Librato concludes Series A funding round with US$3.8 million. San Francisco-based Librato, which provides cloud-based monitoring services for operations and development units, reported a US$3.
Almaz rakes in US$102 mln for second fund
Investment firm Almaz Capital raised a total of US$102 million for its second funding. Russia-focused technology venture investor Almaz Capital has posted a US$102 million total for its second fund according to one of the company's securities filing.
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While the roots of crisis are embedded, the ways to avoid and be insulated from their results is entirely within the power of the individual.
The Washington Redskins has signed on BDO USA as its official accounting firm. Consulting organization BDO USA announced earlier today that it has signed a deal with The Washington Redskins as the football league's exclusive accounting firm.
Dow Chemical revenue continues to climb as demands for crop protection products and plastics increase.
Credit Suisse's investment bank improved group profit but investors remain concerned about the Swiss bank's future.
England & Company has just hired Corey Luskin as Managing Director for its Technology Investment Banking Group.
U.S. automaker General Motors kept up profit gain with aggressive cost-cutting strategy. General Motors Co reported on Thursday that its second quarter revenue reached US$39.
Ulmer & Berne LLP has hired Patrick G. King as partner. Ulmer & Berne LLP has hired Patrick G. King, as a partner who will be based in the Chicago office.
Juniper Networks' CEO and former Microsoft executive Kevin Johnson announced his retirement. Juniper Networks Inc. announced today that its chief executive officer, Kevin Johnson, will retire from his post after a new replacement is named.
China's Commerce Ministry confident probe on drugmaker GlaxoSmithKline won't mar investor confidence
China remains confident that the ongoing investigations for alleged bribery of GSK execs in its China division won't mar investor confidence.
