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Key Speakers At The 'Ignition: Future of Digital' Conference

Pandora selling itself; stock soars over 10%

Pandora Media Inc has engaged Morgan Stanley to facilitate the selling itself including identifying potential buyers. Pandora has been spending heavily to attract more number of users amid increasing competition in internet radio space.

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Residential Housing And Estate Agents As Mortgage Approvals Rise

London rental apartments see buying binge ahead of new tax

The London property market is witnessing soaring buying activity for rental apartments ahead of new tax on home coming into effect from April 2016. The latest rush for buying is also pushing prices up.

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TechCrunch Disrupt SF 2014 - Day 3

Startup with a smart gardening system manage to raise $2 million in funding

Smart gardening startup Edyn announced today that it raises a $2 million seed round. The investment, led by Fenox Venture Capital, followed by other firm such as Ideabulb Ventures and also some angel investors

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The New Term Begins For Students At Oxford University

Student.com Raised $60 Million From High-Profile Investors to Help Students Find Accommodations

A startup focusing in the student accommodation markets just received $60 million from high-profile firms and individuals, led by VY Capital. Student.com will use the funds to expand its presence and service in the promising markets of international students accommodation. For now, most of Student.com's bookings came from Asia-based students.

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Barclays Said Trimming 1,000 Jobs, About a Quarter in Asia

UK shares rebound, Barclays leads the pack

The UK stocks, after suffering losses for three sessions in a row, rebounded. Barclays and other financial companies led the gains. After suspension of trading for a day, the trading in Barclays stock resume on Monday. The FTSE 100 index dropped 9.2 percent in 2016 so far.

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JAPAN-COMPANY-EARNINGS-SOFTBANK

Major Analysts Update SoftBank Outlook To ‘Outperform’

Analysts have updated their outlooks towards SoftBank, majority of whom have put a ‘Outperform’ tag for the embattled Japanese concern. Meanwhile, SoftBank’s stock has witnessed a fall of 27.60% since July 2, 2015 ahead of releasing earning figures. The stock price fall is due to its $22 billion investment in Sprint which has turned to be bad debt.

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Key Speakers At The Robin Hood Veterans Summit

Steve Cohen's hedge fund investing in trading talent

Reeling under pressure, the hedge fund segment is facing talent crunch to render its services more qualitatively. Considering the need of the hour, billionaire Steve Cohen-owned hedge fund Point72 Asset Management is investing in grooming the talent pool. It's offering two programs to train young graduates.

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Dow Plunges 400 Points In Intraday Trading

Hedge funds betting on risks in US bluechips debt

The bonds are gaining momentum amid sluggish financial markets and uncertainty about the global economy. Majority of hedge funds are betting on the $4.5 trillion market as the safest for US corporate debt. Some hedge funds forecast the concerns may go beyond energy and junk bonds.

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AWXII - Day 4

Xignite raises $20 million in Series C Funding

Xignite said that it has raised 20.5 million US dollar in Series C Funding. The company will utilize the capital from the fund to gauge its marketing and sales efforts as well as to widen its product portfolio.

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Ivy League Diversity

Venture Firm Qiming Received $648 Million in Venture Capital Fund

One of China’s biggest venture capital firm, Qiming, secured its fifth US dollar venture capital fund in total of $648 million. The fund will help expand the firm’s investments in Chinese top startups in various sectors such as internet, consumer, technology, healthcare, as well as cleantech.

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Stocks Drop As Report Shows Fewer Jobs Created Than Expected

Wall Street strategists lower S&P 500 estimates

Contrary to earlier bullish predictions for 2016, several Wall Street strategists have started lowering their forecasts on S&P 500 stocks. The Chinese economy slowdown, volatile oil prices and interest rates are the major reasons for drop in forecast. The gap between highest and lowest forecast has been widening.

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 Reorient Group Ltd. CEO Brett McGonegal Interview

Reorient Group Joint Ventures $457 Million Investment Firm In Shanghai

Reorient Group Ltd. has reportedly formed a $3 billion yuan ($457 million) joint venture with partners. The Shanghai based proposed Joint Venture (JV) firm, Yunfeng Securities Co., will have a registered capital of 1 billion yuan. The JV entity will go operative subject to receipt of approval from China Securities Regulatory Commission.

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ETHIOPIA-DROUGHT-AID-UN

Public spending propels Africa's fastest growing economy Ethiopia

The east African nation Ethiopia is poised to grow at 8.1 percent in 2016 from 8.7 percent growth in 2015. This makes Ethiopia a fastest growing nation in the world. The government spending on infrastructure projects is mainly driving the economy growth.

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No Man's Land: The Women of Mexico

Mexico gets $400-mln loan from WB for rural development

Mexico is receiving $400-loan from World Bank for rural development and will formally sign an agreement. Mexican government will utilize the funds for extending financial lending to farmers and fishermen in rural areas. The small and medium enterprises (SMEs) will also get financial support from the Mexico's national agricultural financing agency FND.

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Intel To Purchase McAfee For 7.68 Billion

Silver Lake invest $500 million in Symantec

Private equity firm Silver Lake will invest $500 million in cyber security company, Symantec. The money from the investment will be used by the company to buy back shares and issue a $4 dividend to shareholders.

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