Ross' investments in shipping is based on faith that emerging markets would boost trade in the long haul.
Asia/Pacific
Lulu CEO to invest in Middle East, Asia and other emerging markets, includes store expansion
Lulu Hypermarkets chief executive officer Yusuffali M.A. said his company would be entering in expanding in emerging markets and create new ones in the Middle East and Asia.
New cancer and cleft centers to be built under PPP model in Assam
Assam Chief Minister Tarun Gogoi, in a press conference, discussed the construction of a cancer and surgical cleft center in his state with the help of private entities.
Cargill India to fast track construction of factories for the India market
Cargill India to construct industrial factories located in Punjab. Cargill, the agriculture firm, announced recently the preparedness in constructing INR 100 crore ultra modern feed plant located int he Malwa belt in Punjab.
Bo Xilai's conviction moves many to form political party
Bo Xilai's political supporters have formed a political party named Zhi Xhian Party where Bo Xilai was named as 'chairman for life'.
Latest News
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP BX.
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP BX.
The maiden fund of India's Kedaara Capital had reached a total amount of USD540 million. Kedaara Capital of India, which was co-founded by the former head for India of Singapore's Temasek Holdings, recently announced the accumulation of USD540 million for its maiden fund.
China Cinda Asset Management would be listing its shares in Hong Kong with a projected share volume sale of USD2 billion.
E-commerce company Groupon announced its third quarter revenue results and plans on acquiring Korea's Ticket Monster.
Fosun International raised USD500 million from selling convertible bonds. Fosun International, the largest privately-owned conglomerate in China, managed to raise HKD3.
Beverage giant Coca-cola Co said it would invest USD5 billion in China between 2015 and 2017 to counter competition.
GoCoin secured USD 550,000 for its seed round from various global investors. Singapore-based GoCoin announced that it had secured USD 550,000 for its seed funding round.
A block trade in Samsung Electronics raised $356 million from the sale of its preference shares. A day after the pronouncement of its long-term strategy, an undisclosed insitutional shareholder of the South Korean multinational Samsung Electronics has reportedly raised around W377.
