Rotunda Capital announced its exit from Worldwide Express today. Mid-market private equity firm Rotunda Capital Partners announced its exit from Worldwide Express today.
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UK services growth exceeds forecasts, proves Britain on its way to economic recovery
For the first time in over six years, activity in the services sector in the UK grew to its fastest pace.
Nine more banks on board for Barclays rights offering
Nine more banks were hired by Barclays to manage its rights offering next month worth GBP 5.8 billion or USD 8.9 billion.
Samsung loses US$1.05 billion in market value after Obama's iPhone, iPad ban veto
Samsung lost US$1 billion in market value after the US President Barack Obama vetoed the import ban on Apple's products.
Chinese-owned securities in South Korea jumps 42-fold
According to data by the Financial Supervisory Service, Chinese investments in South Korea's local securities increased 42 times since late 2008.
Latest News
iPhone recently introduced a new app that connects bike owners with those seeking to rent them. iPhone recently introduced a new app that connects bike owners with those seeking to rent them.
Hasting Funds Management bought the entirety of Carmel Capital, including its subsidiary Phoenix Natural Gas.
Investec gave follow-up financing to 2M Group Limited today. Investec Growth and Acquisition Finance handed out a follow-up financing to 2M Group Limited, an existing client who owns Surfachem and Banner Chemicals.
TJ Maxx and its rival Off Fifth planned to launch an online store this year that was expected to boost the sales of the business.
South Korea expressed its concerns regarding the Obama administration’s decision to overrule a sales ban of Apple’s iPhone 4 and iPad 2.
According to research firm Canalys, the shipments for Android-based tablets exceeded the consignments for iPads from Apple Inc in the second quarter.
The Bank of Japan (BOJ) would most likely hold on to its present monetary policy as the Japanese economy shows signs of improvement, sources told Reuters.
Analysts said that if Nintendo's sales continue to drop, it would need to consider putting its games in app stores.
The Bay Area Rapid Transit workers union was poised to go on strike but was averted by the 11th hour intervention of California Governor Jerry Brown.
