Bill Foley acquired the majority stake in Touring & Tasting Marketing & Media. Bill Foley announced Friday his acquisition of a controlling stake in Touring & Tasting Marketing and Media.
High-net worth individuals
Asia's richest man continues to invest in Europe
Asia's richest man, Li Ka-shing made several investments in Europe which are now starting to pay off.
Bruno Wu and Thomas Middelhoff to create an international media and investment firm
Bruno Wu and Thomas Middelhoff stated that they have combined assets with revenues of around US$2 billion to create a media and alternative investment firm.
Currency options allow flexibility unlike stop loss
While the regular safety net is a stop loss, now currency options provide more flexibility. When trading foreign currency without the use of a safety measure, an example of which is a stop loss mechanism, is considered as financial suicide.
Brazil's richest loses more than US$30 billion, worth down 74%
Batista's worth went down 74% after losing more than US$30 billion. The richest man in Brazil, Eike Batista, saw his worth go down 74% this year.
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Snooki of MTV's Jersey Shore and Snooki & JWoww was accused by critics to be getting too thin. The red carpet event on Tuesday night displayed a slimmer figure of Nicole Elizabeth "Snooki" Polizzi.
Radio host Tom Joyner offered Trayvon Martin's friend Rachel Jeantel a full ride to college. On Tuesday, Tom Joyner offered full scholarship for college to Trayvon Martin's friend Rachel Jeantel.
Open-Xchange raised US$20 million for cloud services expansion. Open-Xchange received funds worth US$20 million from United Internet, Hermann-Josef Lamberti, and existing shareholders.
Egypt will be seeing more investments from Billionaire Naguib Sawiris and his family. Egypt will be seeing more investments from billionaire Naguib Sawaris.
Singapore's Redmart raised a Series A round to increase valuation. Redmart, a Singaporean online grocery store, raised funds through a Series A round held recently.
Harrison Street Real Estate Capital sealed its fourth fund after raising US$750 million from various investors.
ole announced that they have entered a co-venture deal with Timbaland's Blue Stone Music Publishing.
ET Now's Nikunj Dalmia advised investors to keep Aurobindo Pharma in their radar. Nikunj Dalmia of ET Now shared his views on the stock market. According Dalmia, "It is a fractured market, a divided market.
Jet Li-endorsed game developer planned to offer an IPO in Hong Kong. Suzhou Snail Digital Technology Co. , a game developer which online game was endorsed by Jet Li, was planning of offering an IPO in Hong Kong.
