Diageo rebottles spirits for African market

The use of smaller 20 centiliter bottles is sought to be the key to cornering the emerging African market.


Nine Entertainment Co releases IPO prospectus, seeks AUD 697.3 million

The IPO prospectus released by Nine Entertainment Co showed that the Sydney-based firm was looking to raise AUD 697.3 million for its share sale.

Lululemon faces new quality complaints about yoga pants

Lululemon answered new round of complaints about the quality of its yoga pants. Just a few months after Lululemon faced complaints about the sheerness of its yoga pants, the clothing company is again facing a new wave of complaints regarding the quality of its products.

Blackstone Group agrees on stake purchase of China-based shopping mall developer

Blackstone Group would be buying a 40% stake in Chinese shopping mall operator SCP Co. Private equity company Blackstone Group said it would be purchasing a 40% stake in SCP Co, a China-based shopping mall owner.


Latest News

The women's and men's titles for the New York City Marathon were clinched by Kenyan runners.
Trim Tabs showed data that investors poured US$54.2 billion into equity mutual funds. Investors flooded US equity mutual funds and exchange-traded funds with $54.
Twitter fans take to Twitter to air their concerns over the Denver Nuggets mascot who fell unconscious in the pre-game festivities.
Apple's iPad Air received a low repairability rating from a repair website. In their Teardown of Apple's newly launched iPad Air, repair website iFixit gave the tablet a Repairability Score of 2.
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
Despite news of National Security Agency (NSA) whistleblower Edward Snowden accepting a job offer at the social networking site VKontakte, founder Pavel Durov said that no job offer or hiring of Snowden took place.
The collateral provided by Batista and Grupo EBX have helped reduce the bank exposure risk for Banco Santander Brasil and Itau Banco.
A group of technology companies including Microsoft and Apple claimed Google had infringed one of their patents it had obtained by bankrupt mobile company Nortel.
Only the issues of sovereign guarantees by Pakistan for the purchases of gas from India hinder the finalization of the agreement between the two countries.
Pawan K Ruia owned Jessop & Co seeking approval of its decision to close its operations. One of the oldest companies in India, Jessop & Co, is controlled by Pawan K, Ruia.