Tsinghua Unigroup buys the cellphone chip designer for US $1.78 billion. Tsinghua Unigroup approved to purchase Speadtrum Communications Inc in the amount of US $1.
Sectors
Bosch and Samsung gains clearance in India
The Indian government started the clearance of tech investments in the country. Internet and technology firms Bosch and Samsung were the first companies to receive clearance for their investments in India.
Difference Capital Financial invests on Blue Ant
Blue Ant Media received an investment from Difference Capital Financial. Private investment firm Difference Capital Financial Inc. announced today that it has agreed to a US$4.
Scotiabank withdraws offer for Bank of Guangzhou's 20% stake
Scotiabank withdrew its offer for Bank of Guangzhou's 20% stake after Chinese authorities' refusal for its Can$719 million bid.
Telenor appoints Petter Furberg as new CEO
Telenor appointed Petter Furberg as new CEO. Telenor Group named a new Chief Executive Officer for Telenor Myanmar. The company appointed Petter Furberg for the position, effective upon approval from relevant Myanmar authorities.
Latest News
Daimler reported that its quarterly operating revenue boosted by selling its aerospace and defense firm EADS stake.
In order to attract foreign businesses, India removed a 10% levy in its sugar sector. Direct investments and foreign ventures are expected to come towards the global sugar industry, said India's top sugar producer Balrampur Chini.
Bloomberg New Energy Finance reported that investments in the renewable energy sector increased except in the European region.
Cloudary Corp, China's online company, would withdraw its IPO worth more than US$200 million due to the market's current condition.
TIO Networks enterd into an agreement to acquire Globex Financial Services. TIO Networks Corp. has announced that the company planned to acquire of Globex Financial Services Inc.
Rwanda reached its yearly projected investment amount after only six months. The African nation of Rwanda is showing signs of growth after achieving its US$1.
The UK government together with the auto industry is investing US $1.5 billion to fund research. The British government together with 27 firms from the auto industry will finance a research center amounting to US $1.
Walker Crips set a date for the launch of the country's first ever regulated bridging finance fund.
Conatus Pharmaceuticals offered 5 million shares for another IPO. Conatus Pharmaceuticals Inc. announced that it will be offering 5 million shares for another initial public offering.
