In its first acquisition in the country, L'Oreal recently announced the acquisition of Cheryl's Cosmeceuticals to enhance its product line.
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Egypt returns USD2 billion to Qatar
The return by Egypt of USD2 billion to Qatar is a sign of growing tensions between the two countries.
Pressure is on for Apple's big iPhone launch
Investors and analysts would be closely watching how many units Apple's new iPhones would sell on opening weekend.
iOS 7 download issues frustrate users
Users take to social media to air their frustration when they failed to successfully download Apple's newest operating system, the iOS 7.
Former Amazon CFO Joy Covey dies in bicycling accident
Joy Covey, Amazon's former CFO, has passed away. The former Chief Financial Officer of Amazon was killed while riding her bicycle on Wednesday afternoon.
Latest News
Synthetic antibodies maker Indi Molecular closed its seed round with USD 1.5 million. Indi Molecular announced the close of its seed funding with USD 1.
Cybersecurity software developer FireEye Inc raised USD 304 million for its IPO. Cybersecurity firm FireEye Inc was able to raise USD 304 million for its initial public offering.
Reuters reported that Monte dei Paschi di Siena was slated to announce a drastic recovery plan to avert a government takeover.
South African billionaire John Rupert bought Mystery for ZAR 40 million. A billionaire bought a bull for ZAR 40 million or USD 4. 1 million. John Rupert, the richest person in South Africa, led a group that purchased Mystery, a Cape Buffalo bull.
Sources told Bloomberg that LVMH was already nearing a stake purchase in Anderson. Sources told Bloomberg that luxury goods maker LVMH Moet Hennessy Louis Vuitton was close to buying a stake in J.
Ballmer made an impassioned plea to investors of Microsoft stock as well as took stock of his work as CEO of Microsoft.
The Department of Transportation and Communications said the bidding for the PHP 17.5 billion airport project was set for November.
Global equity funds recorded the highest inflows the week before the US Federal Reserve announced its monetary policy.
Private equity firms would continue to be interested in investing in the luxury car business of China, said William Shen of Headland Capital.
