NanoTech Entertainment said the combination of acquisitions and new products would drive the company's growth in the future as posted impressive revenues in the most recent quarter.

Omega Advisors Inc sold its shares in Facebook and precious metals' companies and bought Apple shares after Apple's decline.

Praesidian Capital invested in Meheen Manufacturing through a first lien debt worth USD 11.25 million.

Sources said Hilton Worldwide was preparing for a debt refinancing package worth USD 12 billion before its IPO next year.

George Soros added another 2 million shares to his JC Penney portfolio while other investors exited or reduced their holdings.

Aboitiz Power expressed its interest to acquire some of the country's state-owned power assets.

Chile's BCI would ask its shareholders to approve its USD 400 million capital hike to partly fund its acquisition of City National Bank.

Sources told Reuters if the government's anti-trust case against the AMR-US Airways merger prospers, AMR would have to go back to the drawing board and investors would suffer.

Flixel Photos Inc raised USD 770,000 in its most recent financing round. Software developer Flixel Photos Inc closed its financing round with USD 770,000.

Ivanhoé Cambridge announced it would buy a 50% stake in Place Ville Marie for more than USD 400 million.

Eike Batista sold his shares in LLX Logistica to EIG Global Energy Partners for USD 562 million. Brazilian businessman Eike Batista ceded control of LLX Logística to EIG Global Energy Partners.

Cisco Systems announced it would be whittling down its workforce by 5%. Cisco Systems Inc announced it would be reducing its workforce by 5%. The move would affect 4,000 jobs.

Salsa Labs scored USD 2 million in venture debt financial from Toronto-based Wellington Financial. Wellington Financial provided venture debt financing to Salsa Labs Inc worth USD 2 million.

Chad indefinitely suspended China's CNPC oil operations in the country. All drilling activities by China National Petroleum Corporation's subsidiary in the Republic of Chad were indefinitely suspended.

The New York Times' website was down for about 2 hours earlier today. New York Times readers were unable to access its website for about 2 hours earlier today.

The EU approves the joint venture to create a new mobile commerce venture in Spain. A new venture that focuses on the future of mobile commerce in Spain has been approved by the European Commission.

American Capital Energy & Infrastructure appointed Abhay Pande as its new Managing Director to help the firm build its Asian platform.

Carey Watermark Investors bought Raleigh Marriott City Center from Interstate Hotels & Resorts for USD 89 million.

India's INS Sindhurakshak exploded in Mumbai, killing up to 18 sailors trapped inside. India's Russian-made naval submarine exploded while moored in Mumbai.

Bulova replaced Hublot as Manchester United's official timekeeper. Manchester United inked a new three-year sponsorship agreement with Bulova. The US watchmaker would now be the official timekeeper of the second-richest sports franchise in the world.

Manduka purchased yogitoes in a deal advised by the Meriwether Group. Eco-friendly yoga gear maker Manduka Llc acquired Skidless towel maker yogitoes Inc in a deal advised by the Meriwether Group.

Foxconn Technology Group's second quarter earnings report showed a boost of 40.8% due to strong iPhone sales and reduced costs by building factories in China.

Incline Equity Partners said it was able to raise more than USD 301 million for its third fund. Incline Equity Partners (IEP) announced the successful closing of its third fund, which scored over USD 301 million in capital commitments.

Analysts said the once-core enterprise of compact digital cameras already seemed increasingly obsolete due to smartphones.

A labor rights group reported that the Brazilian government filed a USD108 million lawsuit against Samsung for its labor violations.

Paulson & Co agreed to acquire Steinway Musical Instruments for USD 512 million. Steinway Musical Instruments entered into a definitive merger agreement with Paulson & Co Inc on Wednesday.

Private equity company EQT invested CHF 44 million in Swiss Smile. Nordic private equity firm EQT announced that it has backed Swiss dental chain Swiss Smile with a CHF 44 million investment.

MannKind Corp revealed that Afrezza proved to be effective in two late stage studies. MannKind Corp announced a major breakthrough in its diabetes therapy drug Afrezza.

Sources said DoCoMo would select from the smartphone models of Fujitsu, Sharp and Sony for the company's major winter product lineup.

Sources said that BC Partners Ltd would be holding its IPO a month earlier than originally planned. Sources told Financial News private equity company BC Partners Ltd (formerly Baring Capital Investors Ltd) was preparing its initial public offering (IPO) for its Foxtons Ltd shares this August.