Canada sells portion of its GM stake

The Canadian government announced last Tuesday that it would sell 30 million General Motors common shares.


Tesco lends US billionaire to take Fresh & Easy stores off its hands

Tesco would lend Yucaipa investment firm GBP80 million to take Fresh & Easy stores off its hand. UK based Tesco would lend US billionaire Ron Burkle's Yucaipa investment firm GBP80 million.

Twitter acquires online mobile-ad exchange MoPub

Twitter announced on Monday through a blog post that it had acquired MoPub without disclosing the financial terms of the deal.

MMX sells off shares in port to Trafigura and Mubadala

Eike Batista's MMX sold off its debt and partial stake to commodities trader Trafigura Beheer BV and sovereign wealth fund Mubadala Development Crop for the Sudeste port.


Latest News

The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.
The Reserve Bank of India (RBI) allowed local banks to borrow overseas up to 100% of their Tier I capital.
Blitsy, the online crafts company and site, received over a million dollars in seed funding from known institutional and angel investors.
USD800,000 was received by MobileRQ from its latest funding round. The initial funding round of MobileRQ was completed with Verizon Investments LLC leading the way.
Miley Cyrus' new single Wrecking Ball caused a lot of talks from fans after the singer/actress was seen naked in the music video.
AFL-CIO Equity Index Fund said that it reached USD4 billion financial milestone since its inception in 2011.
Goldman Sachs, Nike and Visa shares were added to the Dow Jone Industrial Average replacing Bank of America, Hewlett-Packard Co. and Alcoa Inc.
9Lenses raised an undisclosed amount for its first Series A investment round. A Software-as-a-Service venture providing packaged organizational analytics and business intelligence, 9Lenses announced the closure of a Series A financing round.
Apple announced in its iPhone launch event today that the iOS7 mobile device would be marking its 700 millionth delivery by next month.
American Express Co. sold its publishing firm to Time Inc. as banking regulations restricted the bank from engaging in non-financial activities.
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