Geely Automobile Holdings announced it would start to offer cars it had developed with Volvo in 2015.
Venture Capital
US agreed on USD500 million Indonesia Apache deal
A military source told Reuters that the US had finally agreed on selling AH-64E Apache combat helicopters to the Indonesian army, and are still in talks to iron out the terms of the deal.
American Airlines and US Airways seek trail in US antitrust lawsuit
American Airlines and US Airways Group had sought for a trial that would rescheduled an anti-trust lawsuit filed against the proposed merger of the two airline companies.
Bats discusses merger with exchange competitor
Bats Global Markets Inc. and Direct Edge Holdings LLC had been in merger discussions that would create two of the biggest stock exchanges in the US.
JackBe Corp acquires Software AG
JackBe Corp purchases Software AG for an undisclosed amount. As the advisor in the sale, Clearsight Advisors had recently announced the completion of another transaction in the Big Data market.
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Credit Suisse said Rio Tinto and Anglo American could become BHP Billiton's potential partners for its potash mining project in Canada.
Goldman Sachs invested USD40 million in software company SugarCRM allowing Goldman Sachs VP Antoine Munfa to join SugarCRM's board of directors.
On Wednesday, JustFab and ShoeDazzle announced merger in an effort to make a bigger and faster growing online retail company.
Facebook Inc unveiled new project, Internet.org to provide online access to more people around the world.
BHP Billiton finally makes a major investment after declaring last year that the mining company will not partake in any big expenditures.
Apple told supplier to begin shipping new Iphones beginning September. Apple Inc. has requested supplier Hon Hai Precision Industry Co. to start delivering the new Iphones early in September, according to The Wall Street Journal's reliable sources.
Jama Software gets a USD13 million partnership with Trinity Ventures along with Madrona Ventures Company.
Remeditex Ventures and Velocity Pharmaceutical Development(VPD)announced the signing of a collaboration agreement.
Cobalt announced failure in Gulf of Mexico oil exploration site. Cobalt International Energy Inc. announced on Monday that their expedition for oil in the Gulf of Mexico failed.
