Duke Energy Corp., an electric power holding company which aims to focus on its regulated power business, decided to sell its Brazilian assets to China's Three Gorges Corp. – a state-owned power company for $1.2 billion.
Deals
$6.2 million from India Life Science Fund for Oasis Center
Oasis Center, the leading chain in vitro-fertilization has announced it partnership with India's Life Sciences Fund.It has invested $6.2 millon in the company. The proceeds of the funding is allocated to extend its chain of IVF centers.
Profile Check: The Hartford Investment Club
Connecticut — Hartfod is now the setting of the “Soiree de la Hartford Investment Club.” "It's going to be fun - you have to come!" Hartford Healthcare CIO David Holmgren and Neuberger Berman were throwing a party for the investing elite.
Greylock Partner Exposes $1B Fund Raised
Greylock Partners has raised $1 billion fund for its newest startup, San Franciso. For 50 years now in investing in the web, Greylock Partners has funded the frontrunners in the IT and consumer internet categories such as LinkedIn, Dropbox, Facebook and Airbnb.
Brent Improves After Russia Announces Output Deal
The Russian president expressed his support to OPEC. He announced that Russia is ready to join it. OPEC urged other non-members to give their commitments.
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The two statesmen had signed the agreement on the said "Turkish Stream" project. The project is about building a gas pipeile from the Black Sea to Turkey. This will be then distributed to European Union nations.
Alibaba Pictures goes Hollywood in partnering up with Amblin Partners for producing films and productions.
AimCo's CEO is pleased to announce their partnership with Journey Energy Inc. Journey released 4.95 million investment. AimCo was so happy that it has victoriously enterted a strategic financing firm with Journey.
Not gaining enough support, Oracle threatens to end NetSuite deal. Oracle has threatened to pull out $8. 8bn bid for cloud software with company NetSuite due to lacking support for the latter to pursue.
The president of the United States made a five-minutes speech about the agreement. The deal talked about the climate change. It urged the nations to take precautionary measures to save and delay the effects of climate change.
Verizon was now pushing Yahoo for a $1 Billion off on its pending agreement. Verizon is now pushing a $1 billion off its pending $4. 8 billion agreement to buy Yahoo.
Mark Zuckerberg, CEO of Facebook announces its virtual reality on a social network. The new app has a lot of features where users can enjoy the fabulous games, chat, music and etc.
Iran deal is one of the many issues that the candidates for the upcoming US presidentiables are discussing to the people. Moreover, Tim Kaine' statement about the issue rings the bell.
Protest from the traditional movie and theater association have been recieved by Netflix for its existence in the movie filming and viewing industry.
