Sectors
UBS AG and Credit Suisse Group AG may need to downsize with higher ratios
With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
Google invests in data centers in Nordic region
As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.
PurThread raises USD7 million in funding round to advance in textile market
PurThread Technologies, a textile company which had pioneered the technology to reduce bacteria in textile fibers, received over USD7 million in funding led by board chairman Richard Bodman.
Edmond de Rothschild closes BioDiscovery 4 Fund
Edmond de Rothschild raises EUR192 million or USD250 million for its BioDiscovery 4 fund. The Edmond de Rothschild Investment Partners have announced the closure of its BioDiscovery 4 Venture capital fund for European life science companies.




