ProAssurance Corp announced that it would be buying Eastern Insurance Holdings for USD 205 million. Alabama-based risk management company ProAssurance Corp said it would be purchasing Eastern Insurance Holdings.
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Shuanghui acquisition of Smithfield a go, gets shareholder approval
In a meeting on Tuesday, a whopping 96% of Smithfield Foods Inc shareholders voted in favor of the USD4.7 billion acquisition by Shuanghui International Holdings Ltd.
USPS features Ray Charles in "music icons forever" stamp
The United States Postal Service featured Ray Charles in its new forever stamp. The United States Postal Service featured blind singer-songwriter Ray Charles in its new forever stamp.
Powerball USD 400 million winner prefers to remain anonymous
The winner of the USD 400 million Powerball jackpot claimed his prize but preferred to remain anonymous.
BlueData raises USD 15 million in Series B round
BlueData received USD 15 million for its Series B round. BlueData Inc, a startup that secures big data private cloud for businesses, said it gathered capital commitments amounting to USD 15 million in its Series B round.
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The New York Federal Reserve Bank retains bond purchasing policy. The head of New York's Federal Reserve Bank said last Tuesday it would remain possible for the Federal Reserve would trim its bond purchases before the year's end.
Buoni del Tesoro Poliennali is the local name for bonds in Italy, which are still in demand. Local savers for the special BTP Italia sovereign bond continue to demand for the bond, showing appetite remains high and robust.
A government source had told Reuters that Italy would not be intervening on possible takeovers in Telecom Italia and Alitalia.
The new system introduced by Argos and eBay would be allowing customers to pick up ordered items from eBay in Argos stores.
Microsoft formed a video game venture with BesTV News Media Co to take advantage of more liberal free trade rules on gaming consoles in China's free trade zones.
Angel investors pledged USD 1 million in funds to VIPorbit Software International. VIPorbit Software International announced that it had gathered USD 1 million in capital commitments from angel investors.
With what had been called the best iPhone launch ever, the finances of the company have been revised.
San Miguel Corp. President Ramon Ang said on Tuesday that it had been in talks with JG Summit Holdings Inc to sell a part of a stake it owns in Manila Electric Co.
Saudi Arabia's taxi business is in chaos with the conflicting regulations, leading to the pull out of investors.
