Industry

Money market fund flight occurred before passage of debt ceiling legislation in the US

About USD43 billion was pulled from the money market as investor fears of US debt crisis reached its height prior to Wednesday nights passage of much needed legislation.


Dianping.com value higher than Yelp or Groupon - CEO

According to its CEO, Dianping.com's value is higher than Groupon and Yelp or about USD10 billion.

Ghana to receive first Deere-DuPont-Buffett Foundation grant

The partnership of Deere Co., DuPont Co., and the Howard G. Buffett Foundation would undergo its first project in Ghana's cocoa production region.

Wix chooses Nasdaq over NYSE

Wix.com Ltd, the Israeli online provider of website management tools, chose to list in the tech oriented Nasdaq.


Latest News

The retail debt asset base of Reliance Mutual Fund grew 1.5 times its retail asset base between 2012 and 2013.
Petr Kellner is seeking to purchase the Czech republic's unit of Telefonica SA. Telefonica SA is hard pressed to extract a higher premium for its Czech unit.
Goldman Sachs, as well as a number of hedge funds or investment firms, is subject of a review by Korean regulators for compliance with local laws.
To address wrongdoing in the 'London Whale' scandal, JP Morgan enters into a settlement agreement with the CFTC.
Fitch is allowing itself until the first quarter of 2014 to determine if US credit rating needs to be downgraded.
IVC with KPMG worked to draft a report on the progress of venture capital investments in Israel. In a report from Reuters, Israeli technology firms have raised USD660 million in venture in the third quarter.
Private equity companies were the reason for the frozen yogurt shop explosion in the US, according to a CNBC report.
A snow storm in South Dakota killed thousands of cattle and caused tens of millions in losses. A sudden storm that came earlier than winter decimated thousands of cattle in South Dakota.
Stock markets in Europe fluctuated wildly amidst the uncertainty of the US finalizing budgets for its debt servicing and other governmental services.
Rights coverage and greater viewership are promised in the new deal between 21st Century Fox Inc and the German Bundesliga.
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