Volkswagen expands interests in China market

Volkswagen AG invests new finds into the venture with FAW Group to expand the production of the plant in Foshan.


Former VeriFone CEO forms Opus Global Holdings with GTCR

The former CEO of VeriFone (PAY) Systems Inc and GTCR joined to form a new venture called Opus Global Holdings.

Onexim Group considers potential bid for Kerimov's stake in Uralkali- sources

Sources told Bloomberg that billionaire Mikhail Prokhorov's Onexim Group was thinking of bidding for a stake in Uralkali.

Linc Energy CEO in talks with two groups for shale exploration project

Linc Energy CEO Peter Bond said they were already talking with two groups who were interested in taking part in its shale exploration project.


Latest News

Berjaya Corporation Berhad's Philippines unit, Berjaya Philippines Inc, extended its GBP42 million or USD65 million takeover bid offer to minority shareholders of British auto dealer HR Owen to October 11.
Pavilion Energy, which is owned by Temasek Holding Pte, would seek to expand its infrastructure interests in LNG.
Hotel booking startup HotelQuickly said on Tuesday that it had raised HKD9 million or USD1.16 million in its recent funding round that would go to developing its app and company expansion.
The rights to the Minas-Rio project is the main asset to be sold off by Anglo American as it faces mounting pressure to provide finances for the project.
Newmont Mining Corp CEO Gary Goldberg said they were looking at potential mine acquisitions as the value of gold fell.
A Reuters report cited two company sources who said Alibaba Group Holding Ltd would be going for a New York listing as plans for a Hong Kong initial public offering failed.
The largest US life insurer New York Life Insurance Co purchases Dexia Asset Management. The largest US life insurer owned by policyholders, New York Life Insurance Co had entered into an agreement to acquire a Dexia SA unit worth EUR380 million or USD512 million.
Chinese e-commerce giant Alibaba Group recently acquired similar Dropbox service Kanbox for an undisclosed amount.
California-based peer-to-peer lending company Prosper Marketplace disclosed that it had received USD25 million in funding from investors including Sequoia Capital and BlackRock, Inc.
On Wednesday, the Swedish government said that it has sold the last of its holdings in regional bank Nordea AB for SEK21.6 billion or USD3.4 billion.