Gaming group Codere, which sought protection from creditors last week, got a 30-day extension on a €127 million ($173 million)loan due on January 5. Codere had €1.27 billion of debt as of last September.
Tags: United States
WestPark Capital Announces the Closing of $2,000,000 Financing for Digital Ally, Inc.
WestPark Capital, a Los Angeles based Investment Banking firm, announced today that it had closed a $2,000,000 private placement for Digital Ally, Inc. Proceeds will be used for general corporate purposes.
General Motors stopped sales of Chevrolet Cruze cars
General Motors announced the halt of some Chevrolet Cruze cars without disclosing any information behind the move, reported BBC News.
Taco Bell launches breakfast menu, humurous take on new ad
Taco Bell has launched Brian Niccol, Taco Bell’s president, cracked a little joke when an Ask Me Anything was held in Reddit website. Taco Bell would start serving breakfast across the United States this week, according to a Daily Mail report.
More people seemed happy on Fred Phelps' death
The death of anti-gay pastor Fred Phelps, the man behind "God Hates Fags" placards received an overwhelming response from netizens who were more likely happy with his death than mourn.
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2013 had been the best sales year for the auto industry as US consumers bought 15.5 million vehicles. Ford Motor Co., Honda Motor Co. and Chrysler Group posted single-digit percentage gains, while General Motors Co. and Toyota Motor Corp. sales declined.
Hyundai Motor Co. on Friday named sales chief David Zuchowski as the new chief of its US arm. Zuchowski will replace incumbent US chief John Krafcik, whose contract expires at the end of the year.
Workers from over 120 garment factories in Cambodia on Wednesday held a nationwide strike to demand a higher minimum wage. Cambodia's government initially approved an increase in the industry's minimum wage to $95 a month, well short of the workers' demand for $160.
Trucking firm YRC Worldwide, which has roughly $1.4 billion in debt, is nearing a financing deal comprised of $250 million in equity and $25 million in debt committed to become equity.
A Dutch arbitration court on Friday ordered American luxury jewelry retailer Tiffany & Co. to pay Swiss watchmaker Swatch Group $449 million in damages over their failed 20-year joint venture.
Property lender Aareal Bank this weekend announced that it would takeover German rival Corealcredit Bank for €342 million. Corealcredit will be bought from American private equity firm Lone Star Funds.
Private equity firm Blackstone Group has put up for sale its 13.09% stake in Indian drug company Emcure Pharmaceuticals. The stake will be sold to rival private equity firm Bain Capital for INR650 crore.
Australia-based international packaging giant Amcor has agreed to buy Constar International Holdings' US assets for an unconfirmed sum, in a court-supervised transaction under the US Bankruptcy Code.
Austria's OMV will divest its 45% stake in German oil refinery Bayernoil to Varo Energy for an undisclosed amount. Varo Energy is a partnership between Swiss oil trading firm Vitol and American private equity firm Carlyle Group.
