VENTURE CAPITAL POST

The Gulf region, after years of doldrums, is now on the road for recovery according to Morgan Stanley executives.

Equifax Credit Information Services would receive an undisclosed amount from SBI as an investment.

If the new airline becomes profitable, expansion through acquisition of other airlines in the European countries would be next on the agenda for Air Serbia, according to Deputy Prime Minister Aleksandar Vucic.

Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.

In nixing the deal to allow the exit of Marathon Oil, a below market offer would be made shortly by the Libya owned NOC for the shareholdings.

Several people have come forward claiming racial profiling after purchase of luxury goods from stores resulted in detention by NYPD upon complaint by high end retail stores.

In order to avoid the fiasco of Facebook on the NASDAQ, the NYSE ran simulated IPO tests to iron out glitches and kinks in its systems.

In a recommendatory report, Rothschild said it would be best to have the bank's bad debts placed in an internal bad bank instead of breaking up the bank.

Blackstone Group LP President Tony James sold 3.25 million shares managed through a firm controlled by his family.

In a news report in the Italian daily Il Messagero, a letter from Air France CFO criticized Alitalia for the lack of information regarding key decisions made on their joint venture where it owns 25%.

Davaadorj Ganbold said that major issues between the mining firm and the government have been ironed out but some still remain.

Hindustan Unilever Ltd reported revenues and profits as sales revenues from soap and skin care.

India Infoline, in response to market movement away from equities, is closing down its retail brokerage division.

In a MEED Projects Study, it was found that forty major projects in the Sultanate are in the pipeline with total cost to reach USD112 billion.

SAP CFO Werner Brandt squashed rumors of SAP's interest in BlackBerry through an interview with Euro am Sonntag.