Australian miner Axiom acquires gold-silver-copper project in Solomon Islands

Queensland, Australia-based mining and exploration firm Axiom Mining acquired the gold-silver and copper-gold mineralization West Guadalcanal Project located in the Solomon Islands for an undisclosed amount.


US hedge fund Libra Advisors to pick up $12M stake in NZ's Rubicon

New York, US-based hedge fund Libra Advisors will pick up a $7.2% stake in Auckland, New Zealand-based business developer Rubicon to support that latter's future forestry biotech project.

American firm MC10 makes wearable tech for vital signs and head trauma monitoring

Cambridge, Massachusetts-based firm MC10 made a bio-stamp that can take a person's vital signs and a head impact indicator backed by Reebok monitor for possible head trauma.

UK's SportPursuit secures £5M for Series B

SportPursuit, a flash sales site based in the UK, nabbed £5M from its Series B financing round led by London-based venture capital firm DFJ Esprit and participated in by Silicon Valley Bank and angel investors, TechCrunch reported.


Latest News

Google Glass is doing more roadshows to give the public and politicians the chance to try Google Glass and help remove the negative publicity that surrounds it, TechCrunch reported.
Nestle, the world's biggest food company, is looking at ways to reduce its $30 billion stake in cosmetics firm L'Oreal, Bloomberg reported on Saturday, citing sources with knowledge of the matter.
Brisbane, Californian-based women's retailer Bebe Stores Inc is thinking of selling the company and is reaching out to private equity firms, according to people interviewed by Reuters.
MassHousing, a self-supporting quasi public agency in Massachusetts, has closed $11.8 million loans to acquire and convert Sitkowski School to 66 affordable apartments for seniors, Boston.com reported.
British helicopter airline Bristow Helicopters picked up a 60% stake in UK-based airline Eastern Airways International Ltd, with the two firms to continue operating as entities independent from each other, as part of the strategic investment deal.
Rengan Rajaratnam, the younger brother of Galleon Group Founder Raj Rajaratnam, has asked the US District Court in New York to dismiss charges of insider trading filed against him last year, Reuters reported.
As plans to look for a buyer for its chip manufacturing business fail, IBM is said to be looking for a joint venture partner for the operations, according to sources interviewed by Bloomberg.
CtW Investment Group has called for a revamp of the all-male Board of Directors of the Skechers USA Inc in order to prevent potential missteps, Reuters reported.
KKR, a private equity company, will be purchasing optical retailer National Vision based in Lawrenceville, Georgia for an undisclosed amount, The Atlanta Journal Constitution reported.
After losing a third of its value last week due to a ruinous blog post published about the firm by a Harvard Business School professor, Blinkx complained to a financial regular that it may have been the victim of a market manipulation, the Financial Times reported.
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