Industry

WSJ: Carlyle Looks to Raise US$4 Billion Property Fund

According to a Wall Street Journal report, Carlyle Group seeks a hefty US$4 billion property fund, the biggest property fund since the financial crisis once gotten successfully.


Customs: US$386 Million Order against HP India Remains

Hewlett Packard's (HP) Indian unit faced a US$386 million order after the Indian customs department stated that the company has underpaid dues while importing spare parts and other products into India.

Vodafone Makes Informal Bid for Kabel

Within the past week, an informal takeover bid for Kabel Deutschland Holding AG was initiated by Vodafone.

Emerging markets suffer fierce sell-off

The FTSE Emerging Markets index fell 1.7 % on Tuesday. (Photo : Reuters)The image is the flag of South America's largest economy, Brazil. FTSE declined from its peak last May to more than 10 percent.


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Newcastle Investment Corp. announced today, a public offer of 30,000,000 shares of its common stock.
Berkley Properties and 601W Companies emerged in a partnership for the recapitalization of Chicago's Prudential Plaza.
Doug Suttles has three-decades of experience as an oil and gas veteran. (Photo : )Oil and gas veteran Dough Suttles (left) formerly of BP, is now CEO of Escana Doug Suttles preceded interim CEO Clayton Woitas.
Oregon LNG files export application with FERC that is necessary for its site operation and pipeline construction.
The Indian government is asking for an explanation about a premature statement issued by ONGC regarding its US$2.5 billion deal with Videocon.
Eighty percent of Afren's investors were angered and voted against the company's renumeration report.
The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported on Tuesday:- Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.
Lio Energy Systems Holdings and Miles Electric Vehicle filed for Bankruptcy last May 1. Sales have been slow for the electric automobile company. The same mishap has been experienced even by industry leaders GM, Ford, Nissan, and Honda Motor Co, when despite their heavy investments still experienced slow sales from electric vehicles.
The British water company refused negotiations before deadline of bid. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. No new offer from the LongRiver consortium, until talks with the board will be pursued.
KT Capital Partners, LP and CapitalSouth Partners Fund, acquires majority of stake at CableOrganizer .com.