The Financial Times noted that data issued by mutual fund research company Morningstar supported the trend seen in US investors flocking to alternative bond funds in anticipation to the tapering of the US Federal Reserve's quantitative easing measures.
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US analytics firm Trinity Pharma bags $15M to make cloud-based data for life sciences
Massachussetts, US-based mobile data analytics firm Trinity Pharma Solutions announced raising $15 million in a growth round led by Health Enterprise Partners for its expansion in New Jersey and California.
Infographics: Investors pour big money into big data startups this year
An infographic shows that investors have invested $3.6 billion in 2013 in companies focused on big data, comprising close to three quarters of the money poured into these firms from 2008 to 2012.
Owner of Colombia's Avianca eyes takeover of Italian airline Alitalia, Polish flag carrier LOT
German Efromovich, the owner of Colombian flag carrier Avianca, is reportedly looking to acquire Italian airline Alitalia or Polish flag carrier LOT Polish Airlines. Efromovich seeks to boost his presence in Europe.
Markets are prepared for Fed tapering- FT
As talk about the US Federal Reserve tapering grows, a Financial Times report said markets are now more prepared should a reduction in asset purchases actually become a reality.
Latest News
Data published by the Council for Mortgage Lenders and the British Bankers' Association indicate a housing boom in London as compared to average house prices in all of Britain, according to The Financial Times.
Three of the four largest claims against the US estate of bankrupt telecoms company Nortel Networks Inc has been resolved, reducing the bills the estate needs to settle by by $5.14 billion, said a Reuters report.
A Reuters report said 3M Co revealed its plans to purchase its shares back worth up to $22 billion, making it the biggest so far in terms of percentage among US companies who have announced similar plans this year.
On Tuesday, AT&T agreed to sell its wireline assets in Connecticut to Frontier Communications for $2 billion in cash in order to fund the US phone company's ongoing massive network upgrades.
The state of Russia under President Vladimir Putin agreed to acquire $15 billion worth of Ukrainian Eurobonds to help the beleaguered country of Ukraine out of a potential currency crisis, according to a Reuters report.
AMC Entertainment Holdings Inc is reportedly selling the shares it is offering in its initial public offering at a discount, which would value the cinema chain 7.2 times bigger than its estimated earnings before interest, taxes, depreciation and amortization or EBITDA in 2014.
Website security provider CloudFlare' chief executive officer and co-founder Matthew Prince revealed to TechCrunch that it received a significant investment to the tune of $50 million from Union Square Ventures about a year ago.
British retailer Tesco said it had applied with India's Foreign Investment Promotion Board to acquire a 50% stake in a joint venture with Tata Group. Tesco intends to invest $110 million in the partnership.
French power company GDF Suez has purchased a 74% stake in a 1,000 megawatt coal-based power project owned by India's Meenakshi Energy and Infrastructure Holdings for an undisclosed sum.
