Data released by research firm and data provider Eurekahedge revealed that hedge funds worldwide posted record gains not seen since 2007, said a Business Insider report.
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Israel's Fortissimo takes one-third stake in One Hour Translation for $10M
Israel-based private equity firm Fortissimo Capital has bought one-third of online professional document translation services provider One Hour Translation in a deal valued at $10 million.
Fed's taper could start reforms in emerging markets - report
Countries in emerging markets like Turkey and India should see the bright side of the tapering of the $85 billion-a-month money-printing program by the US Federal Reserve this month, according to a Reuters report.
Top forex mutual funds split on US dollar performance in 2014
John Hancock Funds and Merk Investments LLC, the top US foreign-exchange mutual funds who earned profits last year, had opposing views about the US dollar's performance this year, a Bloomberg report said.
Silicon Valley Bank sets eyes on China funds
Through a joint venture formed with Shanghai Pudong Development Bank Co formed in 2012, US-based Silicon Valley Bank looks to meet the demand of investors for China funds.
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The Rady Venture Fund, a part of pioneering model business school The Rady School of Management, was said to have helped over 60 small businesses in starting up in the San Diego area and launched over a hundred products while providing a hands-on experience for the management school's business students.
A report on new digital news site Re/Code quoted sources, who said the current massive fundraising of home gadget startup Nest could put its valuation to over $2 billion.
Plans to improve oil production facilities in Indonesia are underway to meet rising local consumption of oil and in effect, increasing drilling-related expenses reimbursed by the national government
Despite recording huge losses in 2013, gold and silver investments are seen increasing, and analysts attributed these to the improving major economies, including the US.
The DealBook said in its report that banks in China are steadily making strategic acquisitions offshore and opening its businesses outside of the mainland, thanks to recent economic reforms.
Angel funding in Russian companies were 4.5 times more than funding from angel investors in 2012, according to a joint study by National Association of Business Angels (NABA), Atom Partners and RVC.
Aliko Dangote, Africa's richest man with about $22 billion net worth, is set to spend $9 billion to build the largest privately-owned oil refinery in Nigeria.
A regulatory filing showed that Ozy Media, a daily digital news startup co-founded by Carlos Watson and launched in September, raised $5.3 million, the San Francisco Business Times reported.
Volkswagen AG's Audi division said today in a statement that it is aiming to challenge major automobile players in terms of global sales by pouring in €22 billion or $30.3 billion in auto model and technology development through 2018.
