Venture Capital
Centrica-Qatar venture purchases gas assets in Canada
Centrica-QPI joint venture purchases Suncor assets in Canada. Centrica of Britain and Qatar Petroleum International has purchased gas and oil assets previously owned by Suncor Energy.
JAB aims to build coffee conglomerate with Master Blenders purchase
Aiming to build a coffee conglomerate, Joh A. Benckiser, the investment arm of billionaire Reiman family, is set to acquire D.E. Master Blenders 1753 NV for about 7.5 billion euros ($9.8 billion).
Greek Prime Minister Assures No Deposit 'Haircut'
Greek Prime Minister categorically says that the recapitalization has protected the Greek banks from a Cyprus like crash.
AirAsia Hiring Pilots for Indian Budget Airlines
AirAsia JV programs now underway. On Saturday, AirAsia Bhd announced that prior to its launching of the joint venture, they have started hiring India-based captains, first officers and pilots for the Indian budget carrier.