Articles by Marc Castro


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Prime Ventures invests in mobile games platform AppLift. An additional investment of USD7 million from Prime Ventures was received by mobile games marketing platform AppLift.
Series A funding round for FIELDS raised USD5 million led by ClearVue Partners. The premier online grocery store in Shanghai, FIELDS, with its strong focus on safety, freshness and quality, announced a USD5 million Series A investment round.
Preferred Freezer Services, Sinotrans Ltd, Yang Ming Marine Transport Corp and Yida Group form joint venture.
The Russia China Investment Fund acquired the Russian Forest Products Group. The Russia-China Investment Fund had announced the completion of an acquisition of an approximately 42% stake in RFP Group, a leading forestry holding firm in the Far Eastern region of Russia.
The Indian government's guarantee for Air India was being awaited. The sovereign guarantees for Air India are being awaited for until next week in order for loans to be properly backed up with a total of Rs 2500 crore.
Named 'The Cartel', US regulators are reviewing how these individuals comprising the group may have influenced or attempted to manipulate the market.
A group of investors obtain class action approval against Morgan Stanley for the controversial Pinnacle notes.
The Kuwaiti Investment Authority's property division St Martins is in discussion to purchase the More London complex.
About USD43 billion was pulled from the money market as investor fears of US debt crisis reached its height prior to Wednesday nights passage of much needed legislation.
The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
A decision by US Judge Ronald Guzman put HSBC's Household International Inc liable to pay USD2.46 billion as settlement for misleading its investors.
Presented evidence on another case is being used as evidence to prove Barclays' hand in the recent LIbOR rigging scandal.
With Michael Dell owning 75% of his company, the new board would consist of himself and two other appointees from Silver Lake Management.
Poland, in order to finance the fourth quarter of the year, intended to sell Euro denominated bonds to increase the liquidity.
According to its CEO, Dianping.com's value is higher than Groupon and Yelp or about USD10 billion.
The partnership of Deere Co., DuPont Co., and the Howard G. Buffett Foundation would undergo its first project in Ghana's cocoa production region.
The seven year battle between federal prosecutors and Stephen A. Cohen's SAC Capital Advisors nearing a compromise agreement.
In a move to comply with local regulations as well as economic slowdown in China, BBVA would be able to sell off some of its shares in CITIC.
Eateries, tourist services, even larger firms fear for the numbers as a result of the government shutdown that lead to tepid business activity in the country.
The takeover of the Hysco businss ensures steady supply of steel for Hyundai Motor Corp. Parent company Hyundai Steel Co had laid out plans to take over the core business of its subsidiary Hyundai Hysco Co.
For an undisclosed amount, private equity firm New Silk Route acquires Mediterranean cuisine restaurant Moshe's for expansion purposes.
The government regulatory agency FIFB pushed back review of necessary approvals for the SIA-Tata Sons airline deal.
The International Coal Ventures Ltd consortium is interested in purchasing Rio Tinto. The International Coal Ventures Ltd had indicated its interests in the puchasing the Rio Tinto owned Riversdale Mining coal operations located in Mozambique.
One of Oman's largest construction firms have issued a rights issue that was 96% oversubscribed.
Last Wednesday, Tata Docomo unveiled to the public a SAAS based business and office based productivity solution.
British retail giant Tesco Plc is partnering with Tata conglomerate subsidiary Trent to open stores in India.
Wix.com Ltd, the Israeli online provider of website management tools, chose to list in the tech oriented Nasdaq.
BlackRock CEO Laurence D. Fink said the tapering by the US Federal Reserve would be extended until the March.
A payment of USD260.7 million was paid to Berkshire Hathaway for the exercise of its warrants from General Electric Co.
Wrigley issued a number of debt instruments with specific term lengths, yields and interest rates. An amount worth USD3 billion through a five bond offer was done by Mars Inc's Wm Wrigley Jr Co.
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