Diageo PLC announced that they have acquired stakes in United Spirits Ltd. Diageo PLC announced that they have acquired a 25. 02 % stake in Vijay Mallya-led United Spirits Ltd (USL).
Industry
Trader Karim Kanji Leaves Barclays
Karim Kanji announced his resignation from Barclays Head of coal, dry-freight and iron-ore trader at Barclays Plc (BARC) Karim Kanji announced resignation from the bank.
Admeta Signs Supplier Agreement With BBC Worldwide
Admeta announced the signing of a supplier agreement with BBC worlwide private ad exchange Admeta announced that they have signed a supplier agreement with BBC Worldwide to optimize and monetize the Good Food and Top Gear properties outside of the United Kingdom.
Credit Suisse Targets $94 Million Hit From UK Tax Deal
Credit Suisse estimated that they will receive US$94 Million hits from UK tax deal Credit Suisse forecasted that they are expecting a loss of CHF90 million or something in the area of US$94.
Etihad Close To Making Deal With JAT
Etihad announced that they are near to closing deal with JAT Airways Etihad Airways announced that they are close to coming to an agreement over an equity investment with JAT Airways.
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Money influx hurt China money market rates. Money market rates fell after the Chinese government announced injection of funds into an interbank market system.
South Korea's SK Energy returns to the naphtha market and makes 35,000 tonnes purchase (Photo : Reuters)SK Energy of South Korea buys 35 tonnes of cargo from Oil and Natural Gas Corp SK Energy, South Korea's top refiner bought 35,000 tonnes from Oil & Natural Gas Corp.
After China's interest in the Pak-Iran pipeline project, the ties between the two countries are said the have been strengthened.
BHG announces the signing of a memorandum of understanding with Castelari Construtora Ltda. (Photo : Reuters)Brazil Hospitality Group announces signing memorandum of understanding with Castelari Brazil Hospitality Group (BHG) announced the signing of a memorandum of understanding with Castelari Construtora Ltda.
Macau Legend Development stocks took on a rise after IPO prices were repriced. Macau Legend Development Ltd stocks climbed 6. 8 percent on the first day of trading.
Orege secures new capital from concluded IPO (Photo : Reuters)Orege SA, French Water Technology Company raises needed capital from concluded IPO French water technology company Orege SA raised Eur20 million with the completion of an initial public offering that was posted on Euronext Paris.
To deter future thieves in the industry, a judge sentenced an accused investment broker for 12 years in prison.
John Garland created an 888 Fund which aims to attract the wealthiest investors in Asia. (Photo : Reuters)This is an Australian dollar. John Garland, a businessman from Perth, Australia, formed an investment fund in an attempt to attract Asia's wealthiest investors to the Australian market.
Google's acquisition of Waze could put Israel's tech development industry back on the map, analysts said.
