African Bank Investments announced it would sell its retail furniture business to strengthen its balance sheet hit by slow demand and increasing bad loans.
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Private equity firms are Asia's new bankers
Data from Private Equity International and Thomson Reuters revealed that private equity companies are now Asia's new bankers.
Price cut in Microsoft's Surface Pro doesn't apply in the UK
The price cut in Microsoft's Surface Pro tablet would apply in several countries, but not in the UK.
Apple stock looks like a bargain - analysts
According to analysts, Apple is an excellent buy due to factors that present a margin of safety for investors.
Sale of smart sensors to reach US$6.9 billion in 2018
Researchers said that the sale of smart sensors would reach US$6.9 billion in 2018. University of California Professor, Steven Glaser, hoped to build the world's biggest sensor network.
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Vodafone sued Telecom Italia and claimed that the company abused its dominant position in the market.
The General Administration of Quality Supervision, Inspection and Quarantine announced that BMW Brilliance Automotive Ltd will recall 143,215 vehicles for electric power steering system problems.
The Children's Investment Fund demanded European Aeronautic Defence and Space Company to sell the 46% stake the latter holds in Dassault Aviation.
AXA Private Equity, NTT Communications, and Arkadin International have agreed on NTT Communications' acquisition of a majority stake in Arkadin.
Pennon Group announced that they had hired Ian McAulay as chief executive officer of Viridor Limited and executive director with the Pennon Group Board.
The opposition bloc in Norway stated that the government of Norway needed to revisit its US$740 billion sovereign wealth fund to improve its returns.
EMIS Group announced that it had acquired Digital Healthcare Limited for GBP3.1 million. The EMIS Group's board of directors announced it had acquired Digital Healthcare Limited.
The Nigerian federal government created a committee to enhance both private equity and venture capital investments across the country.
A KKR executive revealed that his firm was keen on investing in structured debt and mezzanine deals in Australia.
