A report in The Australian gave Apple aficionados the lowdown on the iPhone 5C and iPhone 5S. A report in The Australian gave the lowdown on Apple's two latest models, the iPhone 5C and iPhone 5S.
Investors
LightSquared's proposed auction under fire
The proposed auction by the bankrupt LightSquared has been sought annulled by a group of lenders. The proposed format for the auction of its wireless-spectrum to be conducted by LightSquared Inc's has been deemed improper.
CME seeks permission from CFTC
CME planning to create a platform SEF from the CFTC. The world's largest futures market, the CME Group Inc, had applied to create a new kind of platform known as a swap execution facility and this would focus on trading commodities derivatives.
Caesar's Entertainment refinancing debt and restructuring loans
Caesar's Entertainment has planned to raise nearly five billion to refinance its overall debt. The largest casino owner in the United States, Caesars Entertainment Corp, raised a total of USD4.
Packaging Corp of America's purchase pushed through bridge loan
Packaging Corp of America's acquisition of Boise Inc would be funded by a bridge loan. A USD2 billion financing commitment was made available to Packaging Corp of America, a producer of corrugated shipping material.
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Investment initiative Benu Bioventures would provide funding for the human testing stage drug trials.
The case filed by Lincolnshire Management Inc led to an arbitration award against it for its former CEO.
The iPhone 5C may be cheap but it's got glamour and class, said a review in The Independent. Apple sought to develop a more affordable iPhone for customers on a budget and the company came up with the iPhone 5C.
Sources said the Oil & Natural Gas Corp (ONGC) would be buying a 12% stake in the Brazilian oil field owned by Petroleo Brasileiro (Petrobras).
The Apple iOS 7 was a visual departure from its earlier versions, a report from The Independent said.
Kiosked said it gathered a total of USD 6.9 million in its latest funding round. Kiosked announced that it received USD 6. 9 million from private investors.
An oversubscribed fourth fund from Bison Capital Asset Management was recently announced to be closed.
The First Gulf Bank said it is not interested to bid for Barclays business in the UAE. The First Gulf Bank, a lender based out of the United Arab Emirates, said it has no plans to bid for the retail banking operations of Barclay in the country.
Emirates NBD agreed to a five year sponsorship deal with Manchester United Football Club. The largest bank in the United Arab Emirates, the Emirates NBD, recently announced a five year partnership agreement with Manchester United Football Club.
