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.
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Samsung releases big-screened Mega phablet in the US
Samsung Electronics Co. introduced the Samsung Mega in the US market. Samsung Electronics Co. released its newest product today in the United States.
China's private equity firms gears up for the big league
Private equity firms in China scrutinized on competency for international ventures. China's private equity firms are catching the attention of the financial industry.
Clustrix clinches $10M in Series D funds
Clustrix announces the new funding worth $10M from HighBar. Clustrix, the top scale-out SQL database contrived for the cloud, was granted a $10 million Series D financing by HighBar Partners.
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.
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Billionaire Philip Falcone agreed to a five year ban in the securities industry and admits wrongdoing in the allegations filed by the US Securities and Exchange Commission.
Blackstone Group LP agreed to sell its 50% stake in the Broadgate office complex valued GBP1.7 billion according to sources familiar with the deal.
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.
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.
