Goldman Sachs Group Inc is predicting a flood of initial public offerings to be held in South Africa as private equity buyers divest their investments, Bloomberg reported.
Regions
eBay UK to start allowing sale of Bitcoins on February 10- report
The UK website of e-commerce giant eBay will soon allow the sale of Bitcoins and other digital currencies under the Virtual Currency category, CNET reported.
Board member of Indian firm Infosys exits shares worth INR7.46 crore
Srinath Batni, a member of the Board of Directors of India-based IT services provider Infosys, sold 20,000 company shares for INR7.46 crore at the Bombay Stock Exchange (BSE).
Jamaican bobsled team turns to crowdfunding to get to Winter Olympics
The Jamaican bobsled team, which last competed in the Winter Olympics in 2002, is using crowdfunding to raise funds that will allow them to compete in this year's Winter Olympics, ABC News reported.
US-based music firm Beats to shut down streaming service MOG on April 15
Santa Monica, US-based company Beats Electronics is finally shutting down its MOG streaming service on April 15, and aims to convert the service's subscribers to Beats Music.
Latest News
Wikipedia co-founder Jimmy Wales picked up a big stake in London-based mobile provider The People's Operator (TPO) in a bid to expand into the US and other international markets.
With a recovery in the IPO market propelling private equity backers to exit their investments, lenders are readying to list more UK retailers on the London bourse, the Financial Times reported.
Private equity and venture capital investors are exhibiting renewed interest in India's online retail space, a segment considered as an investment bubbly early last year, Mumbai-based online website dna reported.
Menlo Park, California-based security startup Adallom bagged $15 million in a Series B funding round led by Index Ventures to boost its sales presence and development projects.
Private equity companies are among the rising number of investors looking to invest in the commercial real estate market in Germany where cash-strapped owners are forced to make deals, Bloomberg reported.
Arkansas, US-based meat processing company Tyson Foods acquired the assets of Warren, Michigan-based pizzeria Bosco's Pizza Co for an undisclosed sum, as part of its plan to expand its domestic food business.
The Federal Reserve is optimistic that the US economy will grow strong this year and is expected to announce the next reduction of its bond-buying program on January 28-29, the Wall Street Journal reported.
Brent Williams, the chief executive officer (CEO) and president of Salt Lake City, Utah-based dental administrator Dental Select, has acquired all of the remaining shareholder stock in the firm for an undisclosed amount.
Liqvid e-Learning Services, an educational software maker based in India, has began talks with different venture capital firms for another round of equity funding, according to sources interviewed by The Economic Times.
