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.
Sectors
Apple seeks Obama's reprieve on import ban for iPhone, iPad
Apple was seeking US president and trade representative's reprieve regarding the import ban for iPhone 4 and iPad 2 in the US.
Grosvenor Capital Management agrees to Credit Suisse Group's CFIG buy
Grosvenor Capital Management and Credit Suisse agreed on the latter's sale of its Customized Fund Investment Group.
Investments pour into Biotech Corp
Biotech Corp said that it has already passed its investment target for this year. Malaysian Biotechnology Corporation, one of the largest biotech firms in Southeast Asia, said that it will be expecting a total of RM3 billion worth of investments in the sector this year.
RSA unfazed by Canada floods, unstable investments
RSA's shares gained ground today after losing due to bad weather conditions in Canada. Shares of RSA Insurance Group gained momentum today after stumbling from its 33% dividend slash early this year.
Latest News
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.
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.
Direct Line Insurance Group gained profits after lower claims mitigated offset placements. The United Kingdom's largest insurance provider for homes and automobiles, Direct Line Insurance Group, said that weather events in the country prevented the lowering of investment returns.
Two confirmed cases of cyclospora in Louisiana were confirmed and now the disease could become an outbreak.
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.
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.
