Indian billionaire Jhunjhunwala bought a stake at Firstsource Solutions. (Photo : Reuters)This is billionaire Jhunjhunwala. Indian billionaire Rakesh Jhunjhunwala acquired a 3.

Douglas Holding Ag was the final bidder for Sephora's rival, Nocibe after offering Euro 500 million.

StatOil and its partners invested for an oil transport project. (Photo : Reuters)This is the logo of Statoil ASA. Statoil Asa and its partners sealed a partnership today for a joint oil export solution for the Ivar Aasen and Edvard Grieg oil fields.

The African Finance Corporation handed $250 million worth of power-systems investment as part of Power Africa.

The Chinese smartphone industry boosted the production of chips in Korea, making investors in the industry in charge of the market.

India's CPSE was urged by the finance minister to either invest its surplus funds or give to those who will.

Revolver Resources Inc. recently made its new investment public. This comprised of 10 million new units that was anticipated to earn US$300,000.

George Foreman is Ziegler's new finance advisor. (Photo : Reuters)This is the company logo of Ziegler. Specialty investment bank and full service brokerage company Ziegler announced today that it has named George Foreman as its newest financial advisor.

A research analyst said that investment banks are eyeing a launch of hedge funds targeting the retail sector.

Actis Capital sold majority stake of Vesta to Illinois Tool Works Inc. (Photo : Reuters)This is the logo of Illinois Tool Works Inc. , which acquired Vesta, a Chinese kitchen equipment maker.

Brazilian billionaire resigned from his company, MPX Energia. (Photo : Reuters)This is Brazilian billionaire Eike Batista. Brazil's richest man Eike Batista said today that he resigned as the chairman of MPX Energia SA.

The US stock market was the best-performing market and thus, the place to invest. (Photo : Reuters)The image shows traders at the New York Stock Exchange.

Emulex considered selling itself again with the hope to restore its lost stock value. (Photo : )The photo displays the logo of Emulex. Chipmaker Emulex Corp.

Proctor & Gamble employed a Bollywood actress as new ambassador. (Photo : Reuters)Bollywood is a very influential industry in India. Proctor & Gamble employed a new strategy as it tries to penetrate the stronghold of Colgate Palmolive Co.

FlyDuba said that AirBus and Boeing are in an 'open race' to supply them 50 narrow body aircrafts.

BlueCrest Capital Management's BlueTrend hedge fund slumped by 16.9% that was expected to reflect a US$2.7 billion loss in the main fund.

Idinvest's Prosensa Holding held its first trading day on the Nasdaq. (Photo : Reuters)This is the logo of Prosensa. Prosensa Holding, a biotechnology and life sciences firm from the Netherlands, initiated its first trading day on the Nasdaq New York.

Impetus Trust and PEF formed a new charity as they merged today. (Photo : Reuters)These is the logo of Impetus - PEF. Impetus Trust and The Private Equity Foundation announced today that they have merged, creating a new charity called Impetus - the Private Equity Foundation.

Global shares increased as the ECB lowered interest rates. (Photo : Reuters)This is the logo of the European Central Bank. The European Central Bank made it easier for private equity firms and ventures to invest in the region as it lowered its refinancing interest rate.

Fitch ratings for the transport infrastructure sector was mostly Stable Outlook. (Photo : Reuters)The image shows a building of Fitch Ratings, a global rating agency.

Yahoo's acquisition of Xobni was below its valuation and barely covered the amount venture capitalists invested.

Apollo Global Management LLC would raise US$6.8 billion in its first stage of assets raising for its leveraged-buyout fund.

The Monetary Policy Committee would keep the quantitative easing and benchmark interest rate unaltered as the new governor tries to drive UK away from financial problems.

Yangaroo revealed its strategic plan for the company's growth. (Photo : Reuters)The image shows the logo of Yangaroo, a leader in secure digital media management.

Round 1 of Big North's private oOffering closed at Can$180,000. (Photo : Reuters)The image shows a general view of the broadcast center of TSX Venture Exchange.

Paradigm Group stayed on as Global Vision Holdings Inc.'s Investor Communications Firm. (Photo : Reuters)The image show brokerage house investors, whom Global Vision Holdings Inc.

Redline Capital Management succeeded in its bid for MCW Energy Group though acquisition of MCW's 8,695,652 common shares.

Voestalpine hired Seimens and Mildex to build Texas plant for $713.5 million (Photo : Reuters)Voestalpine awarded a $713. 5 million to Siemens and Midrex to build Texas plant Voestalpine, the international steel company based in Linz, Austria, awarded a $713.

Statoil annnounced their plans to build new pipelines to connect 2 North Sea fields (Photo : Reuters)Statoil announced plans to build new pipeline Statoil announced that they, along with four partners plan to build an oil pipeline that would connect the Ivar Aasen aand the Edvard Grieg oil pipeline to existing oil pipelines in the North Sea.

Temasek reported a surge in their global stocks as value of assets surge (Photo : Reuters)Temasek announced a surge in the value of their assets Temasek Holdings recorded a surge in the global stock market as it assets bolstered.