Commercial Bank of Qatar to issue bonds

The Commercial Bank of Qatar is set to undertake a perpetual bond issue to cover the acquisition of Turkey's Alternatifbank.


AUB looks for acquisitions overseas

Like many other Gulf Cooperation Council banks, AUB is now seeking investments overseas for diversification purposes.

Chegg IPO to raise USD172.50 million

Academic textbook rental company Chegg recently priced its shares for its upcoming IPO. On Thursday, textbook rental and academic services startup Chegg said intended to raise up to USD172.

"China's Craigslist" 58.com debuts on NYSE

Chinese online classifieds marketplace 58.com would be selling American Depository Shares (ADS) at USD17 apiece starting today on the New York Stock Exchange.


Latest News

FullSlate, an online scheduling service provider, was acquired by American software company Intuit for an undisclosed sum.
A recent quarterly report released by Air France-KLM showed that the Franco-Dutch airline had written off the value of its 25% ownership stake in Italian carrier Alitalia.
Food packaging company Crown Holdings Inc acquired Spanish food-can maker Mivisa Envases for EUR1.20 billion or USD1.65 billion.
Founders James Russell DeLeon and Ruth Parasol DeLeon would be exiting from bwin.party digital Entertainment should their online gaming license application would be approved.
Venture capitalists pondered on costs for developing drones for commercial uses. Tim Draper, a venture capitalist, among others betted on the potential use of drones for commercial use in the US.
Twitter invited potential investors on Wednesday for a luncheon in preparation for the microblogging site's initial public offering.
A Bloomberg report said Berkshire Hathaway Inc might be making more strategic acquisitions in the near future.
A report said the USD 600 million worth of naked bonds by Wynn Macau showed robust appetite for Asian gaming debt despite a slow economic growth in China.
OGX Petroleo & Gas Participacoes sold the stake it held in its only producing asset shortly before filing for bankruptcy.
Nine Entertainment would raise AUD 600 million for its IPO in Australia, a source said. A source told Reuters that Nine Entertainment Co would be going public.