Standard & Poor's downgraded France's credit rating from AA+ to AA, citing President Francois Hollande's ineffective growth policies.
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Financing limitations impedes success of African tech startups- report
Limitations on funding had prevented technology startups in Africa to grow, according to a Reuters report.
Eman Mansour to open new investment banking firm
Dubai would be host to Eman Mansour's latest investment banking endeavor. Veteran Gulf Arab banker Emad Mansour had laid out plans to establish a new investment bank located in the tax free financial zone of Dubai.
Wilbur Ross hedges bet on emerging market growth
Ross' investments in shipping is based on faith that emerging markets would boost trade in the long haul.
Hot tech start-up Box picks banks for '14 IPO - sources
Data storage company Box, one of Silicon Valley's highly anticipated IPO candidates, has selected Morgan Stanley, Credit Suisse and JPMorgan Chase & Co to lead a proposed initial public offering, according to three people familiar with the matter.
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The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP BX.
Feronia identified the private placement equity investors and the breakdowns as to their purchases.
Estonia revealed its plan to raise a new fund of EUR60 million for the development of a second Skype.
The maiden fund of India's Kedaara Capital had reached a total amount of USD540 million. Kedaara Capital of India, which was co-founded by the former head for India of Singapore's Temasek Holdings, recently announced the accumulation of USD540 million for its maiden fund.
Roozt.com, an online marketplace for indie brands, announced its seed investment round to raise USD750,000.
Artiman Ventures unusual investment strategy has been successful as it provides seed investment fund for firms.
Building Robotics, an Oakland, Ca.-based company, creates intelligent software systems for offices. Intelligent software systems maker Building Robotics recently acquired USD1.
Espresso Logic raised USD1.6 million today as seed funding to make mobile APIs using data logic from reactive programming.
British technology company Captive Media managed to raise GBP250,000 through crowdfunding to launch the world's first urinal game.
