China's antitrust regulators placed pressure to thirty foreign firms as they seek confessions for antritrust violations on a closed-door meeting held last July 24 and 25.
Sectors
Everbright's proprietary head gets suspended after trading errors
After Everbright Securities Co. made erroneous buy orders of CNY23.4 billion last August 16, the state-backed firm suspended the head of its proprietary trading division.
Vodacom to invest TZS 200 billion for network expansion in Tanzania
Vodacom Tanzania announced plans for network expansion with TZS 200 billion investment. South Africa's Vodacom in Tanzania announced its plans to develop and grow in the country within the year.
Cantera Energy acquires South Texas Wells from EP Energy
Cantera Energy completed its acquisition of South Texas assets from EP Energy. Cantera Energy completed its acquisition of assets from EP Energy Wednesday for an undisclosed amount.
Investors fret after Goldman Sach’s options malfunction
Goldman Sachs made an options malfunction yesterday that signaled perils of electronic markets still remain despite efforts to make electronic conditions better.
Latest News
Sale of existing homes in the United States increased in the month of July, suggesting housing market recovery.
Microsoft launched "Bing for Schools" project to aggressively promote own products. Microsoft Corp launched Wednesday its "Bing for Schools" program.
Abbott completed its purchase of IDEV Technologies Inc for USD 310 million. Global healthcare company Abbott announced the completion of its purchase of IDEV Technologies from RiverVest Venture Partners.
Cloud solutions provider Ajubeo said it received additional investment from Colorado private equity firm Grey Mountain Partners.
Texas-based startup media analytics firm TrendKite scored USD 1.2 million in its Series A round led by Silverton Partners.
San Francisco-based mobile photo app developer PicCollage raised USD 2.3 million in seed funds. Mobile photo application developer PicCollage scored USD 2.
The Royal Bank of Canada Global Asset Management unit named Mayur Nallamala as its new Asian equities head.
Japanese group LIXIL Corp completed its purchase of ASD Americas Holdings Corp for USD 542 million.
Hong Kong Exchanges and Clearing Ltd announced London Metal Exchange Executive Martin Pratt as new CEO.
