Should an average consumer ride on the Bitcoin frenzy? An article published on the The Guardian cautions investors about the unclear nature and use of the Bitcoin, and asks them to wait unless a government-sanctioned financial system for the virtual currency is in place.
Rizza Sta. Ana
UK Business Secretary Vince Cable, with assistance from Business Minister Michael Fallon, presented evidence to the Business Committee of the British Parliament to assure the public that Royal Mail shares in the IPO was not undervalued.
A report by the Washington Post noted that Bitcoin's increasing trade value would benefit early investors like Bitcoin lead developer Gavin Andresen and the Winklevoss brothers.
Sources were cited by Bloomberg who said Damac Real Estate Development Ltd will be repricing its price per global depositary receipt at the lower end of its pricing range, effectively reducing the size of its IPO.
CVS Caremark announced on Wednesday that it will be consolidating the Coram infusion business once the acquisition deal with Apria Healthcare Group will be finalized.
Private equity firms who had been in talks with Bikaji Foods International were Norwest Venture Partners, Sequoia Capital, Lighthouse Capital and Tano Capital, three unnamed sources told The Economic Times.
German multimodal journey planner startup FromAtoB received a seven-figure Series A investment from investors French venture capital firm Seventure Partners and Chief Executive Officier of Ecommerce Alliance Daniel Wild.
New data released by the the Office for National Statistics in London today indicated a brighter economic outlook in the UK, thanks largely to an increase in business investments and home constructions.
Cable and telecommunications investor Altice's acquisition of Orange Dominicana SA was made in order to expand its already growing empire in the media business in the Dominican Republic.
Vincent Bollore will be elected as the new Chairman of the Paris, France-based company Vivendi SA after the spin-off of its telecommunications business will be finalized.
As the new administration under Prime Minister Erna Solberg reviews the current investment mandate of its USD800 billion wealth fund, top officials like Norway central bank Governor Oeystein Olsen were pushing for a diversification of investments.
Rumors of coercion by the Russian government and President Vladimir Putin on local wealthy industrialists had been shut down by Deputy Prime Minister Dmitry Kozak, who said the moguls enjoyed good deals out of their investor participation for the 2014 Winter Olympics.
An unnamed source was cited by Bloomberg who said Malaysian billionaire Ananda Krishnan's Binariang GSM Sdn will decide whether to pursue its sale of around MYR6 billion or USD1.9 billion of Islamic bonds before the year ends.
The increasing number of new hedge funds by global banks and asset managers in Asia threatened the business of smaller firms who had opened their independent firms just after the 2008 financial crisis.
A report revealed in detail based on its records how China was able to acquire control of oil of countries Venezuela, Brazil, Angola, and now OPEC member Ecuador.
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