Marc Castro

Amazon and USPS to deliver on Sundays

For its Amazon prime members, Amazon had entered into an agreement with the US Postal Service into providing deliveries to customers on both Saturdays and Sundays.

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Kingdom Holdings shares in Twitter valued at USD900 million

With the IPO of microblogging service Twitter recently concluded, the 3% shareholdings of Kingdom Holding initially worth USD300 million in 2011 is now worth USD900 million.

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Deutsche Telekom acquires landline based GTS Central Europe

GTS Central Europe would provide expanded services through landline infrastructure to its purchaser Deutsche Telekom.

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Dexus Property and Canada Pension Plan Investment Board purchase office trust from Commonwealth Bank of Australia

Dexus would be managing one fourth of commercial buildings in Sydney upon the takeover by CCPIB of the office trust held by the Commonwealth Bank of Australia.

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Robinson's IPO affected by Typhoon Haiyan

Money managers saw the retreat of IPO valuations for the Robinson's Retail Holdings Inc's IPO due to the devastation wreaked by Typhoon Haiyan.

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Kenya's Eurobond issue to upgrade country's infrastructure

Kenya's Treasury Secretary Henry Rotich confirms the sale of as much as USD2 billion worth of Eurobonds for the country's debt payments and energy projects.

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Haiyan devastates not only country, but may also affect economy

Typhoon Haiyan's devastation would also lower the growth of the Philippine economy.

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Zambian government cancels work permit of Konkola's CEO

Because of comments considered as arrogant as against the government, the work permit of Konkola Copper Mines CEO has been cancelled and he would be barred entry into the country.

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China's Communist leadership meets for future changes in economy

President Xi Jinping and other Communist leaders to meet up for the third plenum of China.

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Eman Mansour to open new investment banking firm

Dubai would be host to Eman Mansour's latest investment banking endeavor.

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Bitcoin volume in China account for a third of world's transactions

With the allowance of Baidu for Bitcoin, China's appetite for the virtual currency grows.

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Celine Dion clarifies rumors on her death on Facebook

Celine Dion, the pop music diva, had gone on record to clarify that the rumors of her death on Facebook are untrue and are hurtful to her close-knit family.

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Miss Venezuela is 2013 Miss Universe winner

Maria Gabriela Isler was crowned 2013 Miss Universe in Moscow, Russia.

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EU seeking creation of bank to oversee banks in the EU

Germany's coalition government formalized a measure to provide funds and expertise for a European bank to manage the loan agreements and if necessitated, closure of banks.

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BT to show all UEFA games, leaving Sky in the cold

New broadcasting firm BT acquired exclusive rights to broadcast UEFA football games.

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