Bob Diamond, the former CEO of Barclays, said he planned to purchase more Barclays shares in the bank's rights offering.
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Peugeot in China at divergent paths
Peugeot still is waiting on Dongfeng's investment while Chang'An Auto is all out in a venture with the French carmaker.
Microsoft CEO Ballmer bids goodbye in last employee meeting with dance, song and jabs at rivals
In a company-wide employee meeting Thursday, Microsoft Chief Executive Officer Steve Ballmer made his final farewell with songs, dances and quips against the company's rivals.
Photo evidence shows Apple may release iPad Mini 2 in gold or space gray with TouchID
Leaked photos in the Internet showed that Apple Inc may release its much-awaited iPad Mini 2 in gold, space grey and silver equipped with its latest fingerprint technology.
Bharti Telecom to pay fees as determined by the Department of Telecom
The Department of Telecom, upon the urging of the Comptroller and Auditor General, had confirmed the charges imposed on Bharti Airtel for improper spectrum use in seven areas.
Latest News
Liftopia scored USD 5 million in its recent Series D funding round. Online ski marketplace Liftopia received USD 5 million in Series D funding. Industry Ventures led the most recent funding round.
Piada Italian Street Food announced that a significant investment was made to the company by Catterton Partners.
A Bloomberg report said China's richest man Wang Jianlin may be acquiring luxury brands such as the Four Seasons hotel chain in his quest to expand his company Dalian Wanda Group to the US.
According to a statement today, a group led by private equity firms Corsair Capital LLC and Centerbridge Partners LP would be preferred by Royal Bank of Scotland Group Plc to purchase its 314 branches.
According to sources who told the Wall Street Journal, family-run Wing Hang Bank Ltd may get takeover bids from Australia & New Zealand Banking Group Ltd and United Overseas Bank Ltd of Singapore.
Beats Electronics on Friday said it had received an investment from the Carlyle Group worth USD500 million.
Existing investors gave USD 21 million equity and debt financing to Inotek Pharmaceuticals. Inotek Pharmaceuticals Corp received USD 21 million in equity and debt financing from various private equity firms.
BlackBerry sales continued to plunge even as the company seeks a USD 4.7 billion privatization deal.
New York City startup MakeSpace launched with USD 1.3 million in venture funding. New York-based MakeSpace received USD 1. 3 million in private equity funding to launch its storage-on-demand enterprise.
