Vidyo raises another US$17.1 million in investments. In an announcement today, Vidyo, Inc disclosed that it was able to secure an additional US$17. 1 million in financing.

Due to the lack of promised reforms, many investors are moving their investments from Russia to other countries.

The increase in the required pension fees for CalPERS is a good move according to Moody's Investor Services.

The oversubscription of the San Miguel Corp bond issue brings with its dislocation according to institutional investors.

Michael Weiss, who quit Morgan Stanley in early April, moves to the Chinese equity firm Sailing Capital Management.

Schaeffler AG to sell off bonds to pay off debts. Schaeffler AG is undertaking plans to raise nearly Eur1 billion or US$1. 31 billion in a bond sale to pay off outstanding debts and refinance loans.

QNB in its growth plans, seeks to raise funds through bond issues to capitalize its acquisitions. Qatar National Bank SAQ is planning to sell US dollar denominated bonds as it continues to become the first Arabic financial institution to have an asset portfolio that exceeds US$100 billion.

Israeli firms reined in US$474 million in venture capital funding for the first quarter of 2013. According to the Israel Venture Capital Research Center, Israeli high technology firms have raised US$474 million in venture capital funding in the first quarter of 2013.

Betfair calls CVC offer as too low and with too many conditions, thus rejecting it. Betfair, the online gambling company, has rejected a US$1. 4 billion takeover bid from CVC Capital Partners, the private equity firm.

Finnair, in a bid to raise cash, sells off Norwegian Air Shuttle shares. Finnair, the official air carrier of Finland, has sold off its 4. 7% shareholdings in Norwegian Air Shuttle in the amount of Eur53 million.

Elan rejects takeover bid of Royalty Pharma, saying it grossly undervalued the firm. The board of directors of Elan, the Irish pharmaceutical company has unanimously rejected the formal bid from Royalty Pharma.

ABB is acquiring Power-One amidst the growing solar power industry. ABB Ltd has entered into an agreement with Power-One Inc for the latter's acquisition for a sum price of US$1 billion.

CP All to acquire Siam Makro in largest Thai on Thai company takeover. The globe's third largest operator of 7-Eleven convenience stores, CP All, is now preparing to acquire Siam Makro Pcl.

TPG Capital is undertaking the sale of UniTrust Finance and Leasing Corp. TPG Capital, the US private equity firm is selling off UniTrust Finance and Leasing Corp of China for US$800 million.

China Galaxy Securities is gauging IPO demand for Hong Kong listing. A brokerage firm controlled by China's sovereign wealth fund, China Galaxy Securities Inc, has started to determine the demand for an initial share sale amounting to US$1.

JP Morgan advises investment cutbacks in light of Gazprom dividend and other factors. JP Morgan Chase & Co has advised its clients to reduce its shareholdings in Russian stocks as OAO Gazprom has proposed a dividend cut.

Silver Lake's bid for Dell would push through amidst the financial and legal consequences written into the offer.

Myrtah Energy has chosen Morgan Stanley and Standard Chartered for its IPO. Mytrah Energy Ltd has chosen the banks to lead its business trust offering.

Deutsche Bank faces one of the many trading day cases in court. Back in October 2008, Alexander Vik went to the London office of Deutsche Bank AG to meet with account managers regarding his Sebastian Holdings Inc investment fund.

Fagor was identified as the pressure cooker that was used in housing the Boston Marathon bombs. Another effect of the Boston Bombing episode is not just the death of three people and over 170 injured was felt halfway around the world.

NCC issues new rules for mobile phone users in Nigeria. Under new regulations for mobile phone users in Nigeria, indivdual customers can change their service providers and retain their numbers.

Time Warner and CBS's complementary strengths would make a merger most viable. Time Warner Inc and CBS Corp have flirted about a merger for many years and now may be a good time for it to happen.

Cathay Fortune said it would not support the plan of Discovery Metals to expand capitalization. The top shareholder in Discovery Metals Ltd, private equity firm Cathay Fortune Corp said it would not vote for the approval of the company's plan to increase capital funding.

Ameriprise is set to bid for Scottish Widows. American financial service provider Ameriprise Financial is preparing a GBP800 million or US$1. 22 billion bid for Scottish Widows, the asset management arm of Lloyd's Banking Group.

HSBC is reviewing presence in Iraq and expanding in Egypt. HSBC Holdings is currently undertaking its strategic review of operations in Iraq. At the same time, it is continuing to expand its investments in Egypt despite the current situation in the country.

Nikkei reports Mitsui and Kawasaki are in merger discussions. Mitsui Engineering and Shipbuilding Co and Kawasaki Heavy Industries Ltd are to begin merger discussions.

As one of the most productive cities in the world, the one week terror lockdown has both economic and emotional scars on the proud city.

Greece to receive aid for payment of its bills. According to reports of two Greek newspapers on Saturday, about Eur3. 2 billion was set aside to rescue Greece from its financial obligations, which came earlier than expected.

In polls conducted by two newspapers, Austrians do not mind relaxation of bank secrecy laws for foreign accounts in their banking system.

Russia extends help but conditions that help on "taking their interests into consideration."