Wang Jianlin, China's property mogul and also the wealthiest person in the country, said that he would increase his property holdings by 88% in 2014 and would expand overseas acquisitions.
Sectors
Apple preps launch of new Iphones in September
Apple told supplier to begin shipping new Iphones beginning September. Apple Inc. has requested supplier Hon Hai Precision Industry Co. to start delivering the new Iphones early in September, according to The Wall Street Journal's reliable sources.
Coca-Cola Amatil states profits down under
Australian Coca Cola distributor announced disappointment in its profits for the first six months. Coca Cola Amatil Ltd announces a substantial drop in its earnings.
Serbia government possibly opens Telekom for sale
Serbia's government posts on the possibility of selling Telekom Srbija AD. Serbia is not closing its doors in the possibility of selling its main telecommunications provider Telekom Srbija AD followed by the expression of interest of two main companies namely The Dogus Group Of Turkey and Sabanci Group.
Anglo Platinum cuts on expenditures, may lay off workers
Anglo American Platinum Limited reveals cost-effective plans. Anglo American Platinum Limited (AMS), in its goal to regain profitability, plans to cut down employment from its South Africa head office.
Latest News
Infosys, the largest software services exporter in India appointed three new members on its executive council.
The US Federal Reserve conducted a study and saw 18 of the largest banks in the country to be weak in one capital area.
Jama Software gets a USD13 million partnership with Trinity Ventures along with Madrona Ventures Company.
CarProof sold a minority share to Hellman & Friedman, a leading private equity firm based in San Francisco.
360pi got a USD4.1 million partnership with Silverton Partners, a Texas-based company. 360pi retail price giant announce publicly that the company has sealed the deal with Silverton Partners, a Texas-based company.
The implementation of sequestration affected preschoolers due to federal government's budget cuts on programs.
Erroneous buy orders from Everbright Securities Co. prompted an early rally on China's bourse according to a securities regulator.
Despite the current market trends in India, a total of six small and medium enterprises had filed IPOs in the last one month.
Vietnam's Finance Ministry submitted a proposal to relax foreign ownership restrictions by allowing foreigners to increase voting shares in non-conditional industries.
