International Entertainment Corp said it would be acquiring a 70% stake in Macau gambling junket operator Sun City Gaming Promotion Co for HK$7.35 billion, Bloomberg reported.
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Ex-Health Management Associates Inc CEO is defendant in kickback lawsuit
Gary Newsome, a former CEO of Health Management Associates Inc, was named a defendant of a whistleblower lawsuit alleging kickbacks at the company, Bloomberg reported.
US bankruptcy judge rejects Fikser's planned sale to Hong Kong billionaire Richard Li
Judge Kevin Gross of the US Bankruptcy Court in Wilmington, Delaware on Friday rejected a planned sale of Fisker Automotive to Hong Kong businessman Richard Li. Gross ruled in favor a competitive bidding between Li and Chinese auto parts maker Wanxiang Group instead.
OakTree's Brady says he is bearish on 2014
Ian Brady, chief investment officer of California-based firm Oak Tree Wealth Management Ltd, cautioned about taking risk in credit and property, saying performance in 2014 will be hard to come by.
Wilbur Ross-backed Talmer Bancorp files for $230M IPO in the US
Michigan, US-based Talmer Bancorp Inc, a company backed by billionaire Wilbur Ross, filed for an initial public offering (IPO) of common stock worth $230 million with the US Securities and Exchange Commission.
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Al Glowasky, a veteran investment banker with more than 30 years of investment banking experience in his belt, will be joining Performance Trust Capital Partners as Managing Director in the West Coast region
Former Citigroup Inc head Sanford "Sandy" Weill was appointed as the Chairman of the Board of the reinsurance company Hamilton Insurance Group Ltd, Bloomberg reported.
The world's largest generic drugmaker, Teva Pharmaceutical Industries Ltd, has chosen Erez Vigodman to become its President and Chief Executive Officer beginning February 11, Bloomberg reported.
American rapper and producer Sean "Diddy" Combs struck a partnership with UK-based consumer goods firm Diageo Spirits to acquire the luxury tequila brand DeLeon in their second 50-50 joint venture.
2010 was a 'tipping point' for the start-up of Russia through two liquidity events and underlying forces in the country. First was the acquisition of the Russian Groupon clone called Darberry by Groupon.
California, US-based application performance management firm New Relic Inc named Square Inc Chief Financial Officer (CFO) Sarah Friar as the new member of its board on its path to a potential initial public offering (IPO).
What are the elements of a start-up community? What can you do to startup a start-up community in your city, or help it do more-faster?
The former head of ORIX USA, Jim Thompson, has launched Preston Hollow Capital, an investment company that will target fixed income, venture capital and hedge funds.
Instead of taking things easy on retirement, an increasing number of older Americans have become entrepreneurs and have taken the risk of forming their own companies, Bloomberg reported.
