Mitsubishi UFJ plans to offer its Thai branch for a controlling stake in Bank of Ayudhya. Mitsubishi UFJ Financial Group Inc. has decided to offer for sale of its Thai branch to Bank of Ayudhya Pc1 for an 8% stake in the company, according to three sources familiar with the deal.
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Holcim raises Ambuja Cements stake to cut costs
Holcim restructures Indian operations in an attempt to cut costs. Sweden-based cement maker Holcim has announced its plan to restructure Indian operations by increasing the company's stake in Ambuja Cements Ltd.
Flashnotes gets USD 1.5 million seed funding, acquires NoteUtopia
Flashnotes, a Boston-based start-up engaged in the buying and selling of class materials, had just received USD 1.5 million in seed funds.
Hero MotoCorp Reports 10.7% Net Profit Decline
Indian motorcyle maker Hero MotoCorp experiences fourth straight quarterly decline in net profit. Indian motorcycle company Hero MotoCorp reported a 10.
US home sales on the rise
New sales of homes in the U.S. rose by 8.3% despite higher mortgage rates. Sales of single-family homes in the United States increased by 8. 3% despite higher mortgage rates, the Commerce Department revealed in a Reuters report.
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Yankee Candle decides to pursue IPO after an unsuccessful attempt at a private sale. Yankee Candle Co, Madison Dearborn Partners' scented-candle maker unit, decided to forego attempts at a private sale, opting for an initial public offering.
According to numerous surveys, Moscow was the ‘most expensive city’ in the whole world. Moscow was dubbed as the "most expensive city" in the entire planet.
A survey reported that millionaires feel wealthy in US$5 million mark. Not all millionaires feel wealthy, according to survey comprised of 4,500 affluent investors conducted by UBS.
The Prince of Cambridge received several notable visitors at Kensington Palace. The Prince of Cambridge left the hospital and spent his first with mom and dad in Kensington Palace.
Kareo, Inc., a medical office software and services company based in California, has bought ECCO Health.
MobileSpaces has acquired USD 8.6 million in Series B funding. Washington-based startup MobileSpaces announced that it acquired USD 8. 6 million from Marker LLC and Accel Partners at the close of its Series B funding round.
David J. Greenwald is set to become the Chairman of Fried Frank. David J. Greenwald, Goldman Sachs deputy general counsel and international general counsel, is set to join international law firm Fried, Frank, Harris, Shriver & Jacobson LLP in a leadership capacity.
Addvocate has closed its Series A funding round with USD 2 million from Rogers Venture Partners and angel investor Karen Riley.
iPhone sales led to 5% increase in AAPL. AAPL, the symbol by which Apple stocks were traded on the stock market, soared. This was after Apple reported higher-than-expected quarterly results.
