TA Associates announced acquisition of a minority stake in Fractal Analytics through a US$25 million investment.
Industry
Gaming firm Echo Entertainment proposes $1 billion Sydney casino expansion plan
Gaming firm Echo Entertainment submitted $1 billion expansion plan for Sydney casino. (Photo : Reuters)Sydney Casino operations Sydney's Star Casino is up for a major expansion once the Australian government approves the $1 billion plan submitted by gaming firm Echo Entertainment.
ENRC Founders Make US$4.7 Billion Offer
ENRC founders and the Kazakh government offered a mix of cash and share to acquire ENRC valued at GBP3.04 billion and shares at Kazakhmys Plc.
Dubai Increases Asset Sales, US$30 Billion Debt Draws Near
As its debt drew near, Dubai increased asset sales to pay its US$30 billion worth of debt next year and another US$9.6 billion debt by 2015.
Telefonica to Sell Irish Unit to Hutchison Whampoa
Telefonica SA agreed to sell its Irish arm to Hutchison Whampoa Ltd priced at Eur850 million. (Photo : Reuters)The image is Telefonica's logo. Spain's largest telephone company, Telefonica SA agreed to sell its Irish unit to Hutchison Whampoa Ltd.
Latest News
Prof. Jacob A. Frenkel was named the new chief of the Bank of Israel replacing former bank governor Stanley Fischer.
Billionaire Kumar Mangalam Birla's daughter Ananyashree Birla offered credit to women in villages in Maharashtra state.
Two sources told Reuters on Sunday that Vodafone proposed a new bid for Kabel Deutschland early on Monday.
Lloyds Banking Group asked for a two year extension from the European Commission for the sale of its 631 branches.
CVC Capital Partners and Apax Partners LLP show promising results as one of the top buyout firms in Europe.
Bank regulators are now considering increasing the simple leverage ratio to 6%. (Photo : REUTERS)The JP Morgan Chase & Co. headquarters is pictured in New York In a surprising move, US regulators are now studying a proposal to double the minimum capital requirements for its largest banks.
The contraction of the economy and cash shortages have been stretching the management abilities of the newly installed leadership of the Chinese Communist Party.
Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.
Stock markets fell after a comment by Fed chairman Ben Bernanke stating its plan to pull back monthly purchases of assets.
