Archives

Tencent Holdings may acquire a 16pct stake in online retailer and merge platforms

Tencent Holdings, the biggest Internet company in China, could get a 16% stake in online retailer JD.com, according to a Chinese business newspaper, Reuters reported.


Virginia-based furniture rental firm CORT buys AA Party Rentals

Virginia, US-based furniture rental firm CORT Business Services bought Mountlake Terrace, Washington-based events planning firm AA Party Rentals for an undisclosed amount to expand its product offering.

New Jersey paint retailers Norton Paint and Eagle Paint merge

Englewood, New Jersey-based paint retailer Eagle Paint and Wallpaper Inc bought troubled Paramus-based rival Norton Paint for an undisclosed sum to gain traction over rivals in the paint industry.

Alabama's Bay Bank bought by The First in $6.6M merger deal

Alabama, US-based banking firm Bay Bank has been bought by Hattiesburg-based firm The First Bancshares Inc in a merger deal worth $6.6 million in combined cash and stock.


Latest News

Ranbaxy Laboratories has recalled 64,000 bottles of its generic version of Lipitor in the US after a 20-milligram tablet was found in a bottle for 10-milligrams, Reuters reported.
The loan-based crowdfuning sector of the UK will be subject to stricter regulations by the UK's Financial Conduct Authority to safeguard the interests of investors and make it more transparent, the Yorkshire Post reported.
For investment banker Natalie Blyth, the bees gave her a business model to follow and teaches her lessons about "risk, efficiency and productivity," Reuters reported.
London, UK-based music identification app Shazam confirmed the previously rumored $20-million financing from undisclosed investors, which will probably fund the firm's expansion and advertising efforts.
Johannesburg, South Africa-based banking network Nedbank Capital is looking for new mining investment destinations in Africa, aside from gold explorations in Tanzania, Ghana, and Burkina Faso.
The prime minister of Turkey, Recep Tayyip Erdogan, is planning to pass a law that will ban Facebook and YouTube in the country after recordings revealing his group's alleged corruption went viral on the Internet.
Miley Cyrus kissed Katy Perry during her Sunrise concert which Perry said went overboard and said comments that Cyrus found disrespectful.
Enrique Iglesias new album goes viral on social media platform Twitter after hashtag #SEXANDLOVELYRICS, the name of Iglesias’ new album, along with his collaboration with Kylie Minogue for the song Beautiful, dominated the scene on Thursday.
Phil Jackson said the decision to hire Mike D’Antoni in 2012 came from the late Lakers’ owner Jerry Buss and that he has not got anything to do with the management’s decisions.
Oscar Pistorius allegedly kill Reeva Steenkamp during last year’s Valentine’s Day according to a Pretoria High Court after Pistorius ex-girlfriend Samantha Taylor testified that the athlete never goes out without carrying his gun.