According to J.P. Morgan, Dubai Holding could earn about US$1 billion by selling its minority shares in two telecom firms.
Research
EU proposes US $22B research for various industries
The European Union plans to set aside US $22 billion to finance research for various industries. The European Union recommended a US $22 billion (Eur 17.
Vivus Inc signs erectile dysfunction drug deal worth Eur95 million
Vivus Inc signed an impotence drug deal with Italy's Menarini Group for Eur95 million. Vivus Inc announced that it signed a contract with Italy's Menarini Group worth Eur95 million or US$121.
Heliae Newest Funding Round Raises US$28.4 Million
Heliae raise US$28.4 million from current and new investors to promote algae-based specialty merchandises.
Indian investment atmosphere gloomy - Assocham
Assocham said that investments have dropped in India in a report released today. Assocham, one of India's associations of chambers of industry and commerce reported today that direct investments in the country are looking at a bleak future.
Latest News
Indian investments in the US have surpassed a record of US$11 billion according to a study by the US India Business Council.
A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.
A research analyst said that investment banks are eyeing a launch of hedge funds targeting the retail sector.
A study conducted by S&P found that BBB- and higher investment grade companies own majority of debt.
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:- Samsung Electronics Co Ltd has acquired TV digital recording device company Boxee, the South Korean manufacturer said on Wednesday.
OGX and its billionaire owner Eike Batista is recognized as the world's worst performing stock.
Compared to the first quarter, 21 IPOs were backed by venture capitalists amounting to US$717 billion.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: - Chinese state oil firm CNPC will buy a stake in Kazakhstan's giant Kashagan oil project, through back-to-back deals with Kazmunaigaz through which ConocoPhillips will exit, the Kazakh state oil firm said on Monday.
Global shares gained after the metal industry and the yen weakened. (Photo : Reuters)This is the facade of the Bank of Japan. Global shares increased as the metal industry weakened.
