Private investments by US foundations reaches USD50.9 billion in 2012 - report

An estimated USD50.9 billion in investments by private and community foundations was made, according to a Foundation Center report on 2011 financial data.


NBA 2K14 set to launch October 1

NBA 2K14, the latest update of the popular video basketball game, would be launched on October 1. The new version of the video game NBA 2K14 would be launched on October 1, according to CBSSports.

Grand Theft Auto Online launches on October 1

Grand Theft Auto Online would be launching on October 1, Rockstar confirmed. Rockstar Games has confirmed to video and entertainment site IGN. com that Grand Theft Auto Online would go live on October 1 at 4am PacificStandard Time.

Power Group EDG in talks with Dalkia to acquire Citelum

On Tuesday, Power group EDF confirmed an early press report that it has started talking to Dalkia France to acquire public lighting and urban electrical equipment company Citelum.


Latest News

Cooper Tire & Rubber Co shareholders voted in favor of the proposed merger with Apollo Tyres Ltd yesterday, according to a Bloomberg report.
Morgan Stanley and the Royal Bank of Canada were appointed to help SNC-Lavalin Group Inc. sell an equity stake in AltaLink, according to a Bloomberg report.
Mick Davis, a former executive in Xstrata Plc had raised USD1 billion from Noble Group and TPG, said a Bloomberg report.
Mercator had appointed BMO Capital Markets to lead a potential sale of the company after sales slumped, said a Bloomberg report.
According to a Bloomberg report, Brookfield Property intends to acquire the stake it doesn't own in Brookfield Office to consolidate both firms as one.
Macquarie Group Ltd. offered a bid for the Australian assets of Lloyds Banking Group Plc, according to a Bloomberg report.
Compal Electronics announced a deal to buy its wireless device production division to reduce the company's spending cost.
America Movil's plan to acquire Royal KPN encountered price disagreements as KPN's management wanted a higher price for the offer, said sources.
According to a Bloomberg report, BlackBerry became so desperate to find a possible buyer for the struggling smartphone maker which resulted to an agreement to pay its biggest shareholder a rare breakup fee.
Vodafone Group Plc would appoint Aldo Bisio to be the company's new chief executive for Vodafone's Italian unit.
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