Hasbro and Disney announced that they have formed a better strategic merchandising affiliation for the Disney/Marvel properties.
Growth Equity
Elastic Path announces the closing of CAD12 million financing plan with Yaletown Venture Partners
ElasticPath closes CAD12 million financing plan with venture capital firm, Yaletown Venture Partners.
AlBaraka Bank subsidiary releases US$250 million funding
AlBaraka Turk mandated the release of a US$250 million funding. AlBaraka Turk announced that they have mandated the bank for an arrangement of a US$250 million syndicated loan.
Mercia Fund Management invests GBP150,000 in Oxford Genetics
Oxford Genetics received GBP150,000 funding from Mercia Fund Management. Mercia Fund Management, a venture capital fund manager, invested GBP150,000 in Oxford Genetics.
Invenias secures US $1.5 million expansion funding
The cloud-based software platform gained US $1.5 million expansion funding from MMC Ventures to cover customer acquisition objectives and product development.
Latest News
Hong Kong's stock market was adversely affected by the summer lull. The summer vacation seemed to have penetrated the stock market in Hong Kong. The summer lull sent trading volumes to its lowest point Monday since September 4, 2012.
Julius Baer's profit fall 30% due to tax charges and a merger. Julius Baer Group AG said its profits fell due to two pressing concerns. These were a merger for expansion and a UK tax treaty.
Zimory announced that they are now in collaboration with Devoteam to ease business cloud transformation
“Trend following is dead,” said FX Concepts, expecting another year of dismal returns. "Trend following is dead because trends never really get going," John Taylor, chairman of FX Concepts, grumbled.
PNoy's SONA gave a boost to the Philippine stock market. The fourth State-of-the-Nation Address (SONA) was recently given by Philippine President Benigno Aquino III.
Coub announced that it had received support from local venture capitalists, raising US$1 million. Coub has raised a capital of US$1 million from local venture capitalists Phenomen Ventures and Brothers Ventures.
It may seem that Microsoft has lost its “touch” as its Surface RT brought the company woes. Microsoft was in a dire straits recently. The company had a pretty rough week.
Health IT sector recorded US$623 million in investments made towards the sector in the second quarter of 2013.
China discards lending rates to allow financing institutions more freedom in packaging their lending rates.
