China auditors ban may lead Chinese firms to list in Hong Kong than New York- report

A ruling from a US court that banned the affiliates of the four biggest accounting firms may lead Chinese companies to seek an IPO in Hong Kong than in New York, Bloomberg reported.


England-based firm QualitySolicitors secures multi-million investment from Palamon Capital

Leicester, England-based legal franchise QualitySolicitors secured a multi-million-pound investment from its majority shareholder, Palamon Capital Partners, to drive its expansion plans in the UK for 2014.

Price comparison site PricePanda raises $3M from Tengelmann Group

PricePanda, a price comparison website, was able to get new funds from German retailer Tengelmann Group worth $3 million to expand the site to other South Asian markets, TechCrunch reported.

London hedge fund takes 5.2pct stake in UBM amid chief executive search

London-based hedge fund Hengistbury Investment Partners took a 5.2% interest in events and publishing company UBM as the latter continues its search for a new chief executive.


Latest News

Despite the limitations experienced by the Bitcoin and other crypto-currencies, HP security and payments expert Slava Gomzin sees the digital currencies making its way to more brick-and-mortar stores.
UK-based telecommunications firm Vodafone Group Plc is in talks to purchase Spain-based cable operator Grupo Corporativo ONO SA, according to unnamed sources cited by Bloomberg.
Salzburg, Austria-based automotive retail software provider Incadea PLC raised around £11.5 million (€14 million) through issuance of ordinary shares to partially fund the acquisition of Germany-based firm RC Real Business Solutions GmbH (RCRBS).
Computer and computer-related products retailer TigerDirect has partnered with BitPay to accept Bitcoin as a form of payment for online purchases, a Tom's Hardware report said.
Some assets of Canada Payphone Corporation were bought by WiMacTel, a Calgary-based telecommunications firm, that will also launch an alternative payphone service in Canada after the acquisition.
Germany-based car maker Audi is investing in Paris, France-based bio gasoline startup Global Bioenergies, which makes cheap gasoline from sugar, as part of an effort to decrease greenhouse gas emissions amid stricter regulations.
Dublin, Ireland-based pharmaceutical firm Actavis sold its stake in Chinese subsidiary Actavis (Foshan Pharmaceutical Co) for an undisclosed sum because of its limited presence in the country.
AT&T Inc said it will no longer have any plans to make an offer for Vodafone Group Plc, preventing it from making a takeover bid in the next six months, Bloomberg reported.
Hugh MacKay, the chief executive of UK-based hydrocarbons exploration and production firm Europa Oil & Gas, now holds a 0.88% stake in the company after it held an open offer for 19.3 million shares.
Ericsson and Samsung Electronics have come to a new licensing pact for wireless technology, putting an end to the patent war between the two firms, Bloomberg reported.