VENTURE CAPITAL POST

California dealership Lamborghini Newport Beach marketing director Cedric Davy clarified that its sale of a Tesla Motors Inc. Model S electric car via Bitcoin did not mean the company is in the business of speculation.

A report cited an example on how private equity had benefited greatly from US Federal Reserve's quantitative easing policy instead of the monetary policy's true beneficiaries - US companies and the American people.

California real estate investment trust BRE Properties Inc was projected to be the latest acquisition target of companies in a USD22 billion spending spree in apartment REITS, said Bloomberg in its report.

President and Chief Executive Officer Nobuhiro Torii told Bloomberg in an interview in Tokyo yesterday that Suntory Beverage & Food will not be actively pursuing acquisitions in the next 12 months following its debut on the Tokyo Stock Exchange this year.

The late Nelson Mandela's economic legacy in South Africa will be challenged as the country has yet to reduce its high unemployment rate and inequality in races.

Critics of the new rules requiring short-sellers to report their positions said the European Union's requirements had not made the hedge fund industry more competitive.

A column written by money manager and former professional market strategist Barry Ritholtz challenges the definition of bubble and the misconceptions of its use in specific stocks that had experienced sharp surges in the financial markets.

A December 4 interview conducted by Bloomberg with Industry Ministry Monica Maeland revealed Norway's plans to divest some of its holdings in several companies including Statoil ASA.

The rally of Corpbanca's high-grade bonds in the merging markets indicated investors' demand for the Chilean bank to find a buyer soon. Corpbanca is run by Chilean billionaire Alvaro Saieh.

The GBP875,000 loan extended by property and technology entrepreneur Andrew Ruhan to his brother Gabriel, who runs Strategic Natural Resources, was intended to pay off creditors.

Recent data revealed that performance of hedge funds in the US this year was poor in comparison to the US stocks index despite massive fees demanded by money managers from its clients.

The respect for the late politician and ex-president of South Africa Nelson Mandela was evident in the business sector, as trading and banks postponed their businesses to acknowledge Mandela's passing.

The Johannesburg Stock Exchange Index and other financial markets in South Africa saw little change regarding the passing of former president and political champion Nelson Mandela.

Industry observers believed that the late Nelson Mandela contributed greatly to not only the political environment in South Africa, but the local business sector as well.

Facebook Inc had been tapping resources of its Russian partners to develop apps, signaling a growth in the tech industry, particularly in the app development business.