Venture Capital
Joint ventures boost SAIC Motor profits
The partnerships of SAIC Motor Corp with Western car manufacturers helped boost its sales for the first half of this year.
Tanzania signs USD 111 million oil palm joint venture agreement with Singapore's Nava Bharat
Tanzania's National Development Corporation signed a joint venture agreement with Nava Bharat of Singapore for an oil palm farm and processing facility.
Delaware casinos present online DoubleDown Casino
In a move to legalize online gambling, the state of Delaware through three casinos launched a free Facebook-linked gambling game called "DoubleDown".
Airline merger trial set for March 2014
U.S. Justice Department asked a federal court to set trial date on March 3 to hear arguments on whether it should halt a planned merger between US Airways and American Airlines.
Latest News
Today, Akorn Inc. and Hi-Tech Pharmacal Co. announced they had signed a definitive acquisition agreement valued USD640 million in cash.
According to Bats Global Markets Inc. CEO Joe Ratterman, the merger of Bats and Direct Edge Holdings Inc. had raised stock data.
Israeli startup and mobilie add-on Brow.si had raised USD1 million and started partnership with PrestaShop.
The AMR-US Airways merger could be blocked by Federal regulators which had made JetBlue Airways the next target once the US Department of Justices succeeds in derailing the deal.
A source told Reuters that Arrow LNG would consider building its LNG plant on a rival's site. Arrow LNG, the Australian joint venture firm of Royal Dutch Shell and PetroChina, would consider building its liquefied natural gas plant on Origin Energy's site.
BATS Global Markets Inc. and Direct Edge Holdings LLC said that it would commence the merger last Monday.
BBA and DAE discuss merger possibilities. The world's largest producer of bases for business jets, BBA Aviation Plc was in discussion with Dubai Aerospace Enterprise Ltd, an aircraft leasing company, as to the combination of their business enterprises.
America Movil had announced today its support for the purchase of E-Plus, Telefonica's German unit.
Canva launched a new tool for design creation and collaboration through a USD3 million in seed funding.
CNH Industrial COO Richard Tobin is the new CEO of the merged company between Fiat Industrial and CNH Industrial.