BHP Billiton slow to build into expanded operations in the potash industry through delaying production at the giant deposit until at least 2020.
Investors
Bradley A. Gordon is new African Barrick Gold CEO
African Barrick Gold named industry veteran Bradley A. Gordon as its new Chief Executive Officer. African Barrick Gold appointed Bradley A. Gordon as its new Chief Executive Officer.
Chinese coal firm plans on USD 160 million bid for Inova Resources Ltd
A Chinese coal firm offered USD 160 million for Turquoise Hill's Inova Resources Ltd. Shanxi Donghui Coal Cooking & Chemicals Group said it would be offering USD 160 million for Inova Resources Ltd.
Chinese banks reduce loans to development projects in smaller cities: economist
A state think-tank said Chinese banks have reduced loans on property developments in smaller cities because of the glut in unsold homes there.
Accel Partners invest in Collegefeed
Collegefeed received USD1.8 million investment from Accel Partners A new social media platform specifically catered to college students has attracted a USD1.
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NYSE tapped JPMorgan & Chase Co. and Societe Generale for the IPO launch of Euronext. NYSE Euronext is the bourse operator to be acquired by Intercontinental Exchange Group Inc.
Prudential Financial Inc. hired Frank Garcia, a former property investments manager at Deutsche Bank AG.
CommonFloor to use luxury vehicles for taxi services. Real estate company, CommonFloor, had announced that it will hire air-conditioned vehicles for their wealthy costumers who are looking into buying at least one of their five million properties.
According to the Royal Bank of Scotland, approximately USD50 billion collateralized loan obligations could be refinanced in the next two years.
W&G Investments PLC planned to offer Royal Bank of Scotland GBP1.5 billion for more than three hundred of its branches.
Cairn Energy Plc to start drilling campaign on September. Cairn Energy Plc (CNE) targeted a drilling campaign in Morocco, Senegal and Ireland on September.
Socialspiel received EUR200K new funds from angel fund FLOOR13 and ex-Rockstar Games veterans, Clemens Beer and Mike Borras.
UK regulator warns Cineworld might have to let go of three complexes. Cineworld might just have to let go of their recently acquired complexes at Aberdeen, Bury St Edmunds and Cambridge as the Competition Commission released their provisional findings last Tuesday.
SocialChorus had raise a total of USD8 million so far after the close of its USD2.5 million Series A Funding.
