After a failed privatization attempt with the water supply in Tanzania, the country is now in talks with companies from China, India and Israel to pursue its water-supply and sewer projects.
Venture Capital
London Home Prices Increases Renters
As the London housing prices increases to a capital average of more than GBP500000, more households are rising to become renters.
EMC Sells Bonds to Benefit Shareholders
EMC Corp. has followed Apple's measure of leveraging piled of offshore cash by issuing a debt against it.
Apollo to Get US$200 Million Loan For Housing Acquisition
Deutsche Bank has arranged a US$200 million credit line for Apollo Global Management LLC as a means to purchase single family rental homes in the US.
Twilio Inc. To Get US$70 Million for Expansion on Mobile Messaging
Twilio Inc. raised US$70 million from venture capitalists where funding was headed by Redpoint Ventures.
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A partnership between Twitter and the world's biggest ad agency, WPP PLC transpired to better focus towards advertising.
Bloomberg LP unveils Bloomberg Beta, a fund focusing on technology start up firms. (Photo : Reuters)The image is the corporate logo of Bloomberg News. In an announcement, Bloomberg LP unveiled Bloomberg Beta, the US$75 million venture fund that would focus on providing financial investments in early stage technology firms and start up ventures.
United Airlines engages to buy biofuels for their flights from AltAir Fuels for a three-year contract.
President Xi Jinping offered a total of US$3 billion loans to 10 Caribbean nations however no direct confirmation was made by the Chinese government.
Intercontinental Exchange Inc and NYSE Euronext has officially merged into a $20 billion worth company after their respective shareholders unanimously approved the deal on Monday.
The production of Vietnam’s robusta coffee, which is used as the primary ingredient for instant coffee, is expected to increase in 15 months, sending its futures to its biggest nosedive since 2009.
UAE's top aluminium firms merge to create a more competitive firm in the Middle East. (Photo : Reuters)The image is the factory of Dubai Aluminium.
Hulu received a hefty number of bidders giving bids of more than a billion for a piece of it. More than $1 billion was offered by DirecTV and two other bidders.
Held in Yokohama, the Tokyo International Conference of African Development gave a $32 billion fund to aid the economic development of Africa.
