A research analyst said that investment banks are eyeing a launch of hedge funds targeting the retail sector.
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StatOil and partners venture to create pipeline
StatOil and its partners invested for an oil transport project. (Photo : Reuters)This is the logo of Statoil ASA. Statoil Asa and its partners sealed a partnership today for a joint oil export solution for the Ivar Aasen and Edvard Grieg oil fields.
African Finance Corporation invests $250 million in power sector
The African Finance Corporation handed $250 million worth of power-systems investment as part of Power Africa.
Chip industry investors reap rewards
The Chinese smartphone industry boosted the production of chips in Korea, making investors in the industry in charge of the market.
India to draft new rules on surplus funds
India's CPSE was urged by the finance minister to either invest its surplus funds or give to those who will.
Latest News
Actis Capital sold majority stake of Vesta to Illinois Tool Works Inc. (Photo : Reuters)This is the logo of Illinois Tool Works Inc. , which acquired Vesta, a Chinese kitchen equipment maker.
Brazilian billionaire resigned from his company, MPX Energia. (Photo : Reuters)This is Brazilian billionaire Eike Batista. Brazil's richest man Eike Batista said today that he resigned as the chairman of MPX Energia SA.
The US stock market was the best-performing market and thus, the place to invest. (Photo : Reuters)The image shows traders at the New York Stock Exchange.
A 2% increase of shareholdings was done by Bharti Airtel in the venture established with Qualcomm Inc.
Emulex considered selling itself again with the hope to restore its lost stock value. (Photo : )The photo displays the logo of Emulex. Chipmaker Emulex Corp.
Proctor & Gamble employed a Bollywood actress as new ambassador. (Photo : Reuters)Bollywood is a very influential industry in India. Proctor & Gamble employed a new strategy as it tries to penetrate the stronghold of Colgate Palmolive Co.
FlyDuba said that AirBus and Boeing are in an 'open race' to supply them 50 narrow body aircrafts.
BlueCrest Capital Management's BlueTrend hedge fund slumped by 16.9% that was expected to reflect a US$2.7 billion loss in the main fund.
Idinvest's Prosensa Holding held its first trading day on the Nasdaq. (Photo : Reuters)This is the logo of Prosensa. Prosensa Holding, a biotechnology and life sciences firm from the Netherlands, initiated its first trading day on the Nasdaq New York.
