Finland's pension fund and largest private investor Varma said it would be increasing its equities investments for the second quarter of 2013.
Sectors
BC Partners schedules Foxtons IPO for August: sources
Sources said that BC Partners Ltd would be holding its IPO a month earlier than originally planned. Sources told Financial News private equity company BC Partners Ltd (formerly Baring Capital Investors Ltd) was preparing its initial public offering (IPO) for its Foxtons Ltd shares this August.
Chief operating officer of Zynga exits the company
Zynga announced the exit of some senior executives, including David Ko, Zynga's Chief Operating Officer, as part of the company's streamlining plans.
Barclays director-less on GBP6bn cash call
Barclays Finance Director Chris Lucas left his post due to health reasons as the multinational bank preps for their GBP6 billion cash call.
Tata Steel 2013 stock is at 130%, now is the time for exit: broker
India's biggest producer Tata Steel is looking for a comeback with a 30% rise in share price this year, prompting an industry observer to suggest that investors sell their Tata stake now.
Latest News
Baidu Inc said it would be purchasing 91 Wireless, an app store, for USD 1.85 billion. Baidu Inc announced that it had agreed to buy Netdragon Websoft Inc's app store.
A report from Digitimes said HTC would most likely "drift away" from Windows Phone so that it could focus on its Android smartphones.
According to investors, startups that could generate revenue would keep on growing since venture capitalists are attracted with their capabilities.
Liberty Global said it would exhaust all legal avenues to fight a recent decision issued by a German court nullifying its purchase of a cable firm
An independent foundation of KPN questioned billionaire Carlos Slim's motive for bidding for the remaining shares of the Dutch firm that he does not already own.
Facebook revealed the number of daily users from the US and UK to attract advertisers in spending more money in the social network.
Billionaire Prem Watsa could be the key to any successful Blackberry deal. As beleaguered smartphone maker Blackberry Ltd begins to contemplate a sale of its holdings, Reuters reported that the success of any deal would rest in the hands of Prem Watsa.
Yelp added a new functionality, allowing everyone to write and edit full reviews through the Yelp mobile app.
Hedge fund billionaire Carl Icahn told Reuters he thinks Apple must trade at USD700 per share since the current price at USD489.57 each is too cheap for the company.
