Sectors
Man Group assets shrink by USD 52 billion as clients pull funds
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.
Slow year for cross-border M&A: Thomson Reuters
Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.
Iberia lifts International Airlines Group second quarter profits
IAG's restructuring of Iberia started paying for itself as the company posted operating profits of EUR 245 million this quarter.
Kabel Deutschland board endorses Vodafone buy offer
The boards of Kabel Deutschland formally endorsed Vodafone's EUR 7.7 billion bid to acquire Germany's largest cable operator.
Latest News
BioShock Infinite will be coming to Mac App Store on August 29. Apple Macbook users have something to look forward to come August 29. On this date, the new BioShock Infinite will become available to Mac App Store and Steam.
Apple became the world’s most valuable company once more Thursday. Apple (AAPL) once again became the world's most valuable company Thursday. It re-took the crown from Exxon Mobil.
Sources told Reuters that Lloyd's Banking group is planning its exit from the Australian market.
Sources told Reuters that Sinopec Corp and Weatherford International are already in advanced talks for their joint venture.
Tidemark was able to raise US$13 million for its analytics services that were all cloud-based. On Thursday, Tidemark announced that it raised US$13 million for its analytics services that were cloud-based.
According to analysts, Gogo could ensure a smooth ride for investors as long as it develops its infrastructure for the travellers.
Analysts eased concerns about Qualcomm-Alcatel joint venture and said that the two companies would gain from the enterprise.
The second quarter earnings of LinkedIn impressed Wall Street which resulted to 7.5% increase in the company's shares' price.
Be Well Hospital announced it plans to launch a second round of funding, specific details of the funding round are yet to be revealed.
Cerberus stated that it had sold their entire remaining stake in Aozora Bank, completely exiting their stake from the bank.




