Oi SA's merger with Portugal Telecom would be simple

The ownership structure of the new merged firm between Oi SA and Portugal Telecom would be simple, compared to the previous structure.


AEG Live is cleared of liability in Michael Jackson's death

Concert promoter AEG Live was not responsible for Michael Jackson's death, the jury ruled. A jury in a Los Angeles court cleared concert promoter AEG Live of any liability in Michael Jackson's death in 2009.

Divers find human remains in Costa Concordia

Divers found human remains around the site where the Costa Concordia capsized last year. Franco Gabrielli, the Head of Italy's Civil Protection Agency, said divers had recovered bodies from the site where the Costa Concordia sank last year in the sea off Tuscany.

Fiat-Chrysler Merger far from fruition according to CEO

Fiat and Chrysler CEO Sergio Marchionne are far from reaching a settlement on the pricing conflict as to the health care trust fund's shareholdings.


Latest News

Rosneft chief executive Igor Sechin said to reporters on Thursday that his company would be considering buying Lukoil's stake in its Venezuelan consortium.
The Alibaba Group led the Series C round for Quixey, of which its latest funding round raised USD 50 million in capital commitments.
Investment advisor Jemstep said it was able to add USD 4.5 million for its Series A follow-up round.
Aqua Capital said it was able to close its Agribusiness & Food Fund with USD 173.4 million. Private equity firm Aqua Capital announced the close of its Agribusiness & Food Fund, of which had gathered USD 173.
Veeva Systems Inc filed for a USD 182.6 million IPO in the New York Stock Exchange. Cloud computing company Veeva Systems Inc filed for an initial public offering to raise up to USD 182.
Under the joint venture agreement, Essar Energy can exercise a USD5 million option to sell its shareholdings in the joint venture project with the Kenyan government.
Veeva's cloud software solutions expansion would go full blast after the capital infusion post-IPO.
Blackstone completed its acquisition of Multi Corporation. Private equity firm Blackstone recently finalized its purchase of Multi Corporation, a Netherlands-based shopping center.
Protein Bar disclosed receipt of capital funding from consumer-focused private equity firm Catterton Partners.
BlueCrest Capital Management hired Marcel Kfoury after the resignation of Michael Platt, said a Reuters report.