Five investment projects were approved by Malaysia's National Key Economic Area today. Five new projects in Malaysia with a total investment value of RM388.
Sectors
Telecom Italia chairman says price war is unsustainable
Telecom Italia's chairman Franco Bernabe said that price was unsustainable and an alliance was likely to happen.
Ronin Solutions is acquired by PureCars
PureCars bought Ronin Solutions and augments its SmartAdvertising Program. Ronin Solutions was bought by PureCars for an undisclosed amount. The latter, which offers products and services to help automotive dealers improve their business, was featured in the June 2013 edition of Digital Dealer.
Ageas to give back EUR200 million to company investors via share buyback
Ageas SA announced that the company will return EUR200 million to shareholders and investors. Ageas SA announced that they will return an additional EUR200 million euros or US$264 million to its investors through a buyback deal.
Private investments in the Philippines soar
Reports said that investments in the Philippines increased by almost 40% after six months. Asia's 'rising economic tiger' posted another increase in local and foreign investments as four major placement agencies approved businesses today.
Latest News
Thoma Bravo completed its purchase of Intuit Financial Services to recreate Digital Insight. Private equity firm Thoma Bravo announced the completion of its purchase of Intuit Financial Services.
Reuters said that Apple CEO Tim Cook and China Mobile chairman Xi Guohua recently met to talk about "matters of cooperation."
Analysts said that China Mobile would play a huge part in China's explosive mobile growth which would allow investors to continuously gain profit.
H&M finally launched its online store after its 13-year stay in the country. H&M, a Swedish fashion retailer, finally launched its own e-commerce site August 1.
The managed assets of the largest publicly-traded hedge fund in the world shrunk by as much as USD 52 billion in the first half.
Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.
IAG's restructuring of Iberia started paying for itself as the company posted operating profits of EUR 245 million this quarter.
The boards of Kabel Deutschland formally endorsed Vodafone's EUR 7.7 billion bid to acquire Germany's largest cable operator.
The state government of Queensland announced that they are currently evaluating the proposal of billionaire Tony Fung for a AUD4.2 billion hotel and casino project.
