According to a Bloomberg report, as the UK government sought to boost mortgage lending and building permits became easier to get, home building approvals increased 48% in the country.
Deals
JPMorgan Chase & Co, Gates Foundation form Global Health Investment Fund
JPMorgan Chase & Co and the Bill & Melinda Gates Foundation formed the Global Health Investment Fund to combat deadly diseases in developing countries.
Donations to US colleges rebound - report
A Bloomberg report showed how gifts to institutions of higher learning in the US had rebounded this year.
Abraaj Group exits from DMMC
The Abraaj Group announced its exit from the Daniel O. Mercado Medical Center (DMMC). The Abraaj Group said it had exited from its investment in Daniel O.
PE firms in China clamor to sell matured assets
In a bid to appease investors, private equity firms in China would be resorting to selling off its maturing assets to return profits while waiting for the reopening of the mainland's IPO listing market.
Latest News
The world's richest soccer club Real Madrid scrapped its soccer resort plan in UAE after payments defaulted with no provided guarantees.
Brooklyn Brewery would open a brewery in Stockholm in collaboration with Carlsberg A/S, D. Carnegie & Co. and a few private investors.
AirAsia India investor Arun Bhatia said he would question the Tata-Singapore Airlines joint venture after claiming he and AirAsia head Tony Fernandes were not informed about the transaction.
Wang Jianlin announced his biggest single investment in the movie and television industry valued USD8.17 billion.
An official from the Czech mining group New World Resources said on Sunday the company would close a deal to put its coking plant on sale by year's end.
In an agreement with United Development Company, Qatar National Bank entered a credit loan facility to purchase units at The Pearl-Qatar.
R Hotel's investment plan is to expand its hotel line from three to six with an AED1.5 billion investment.
India Infoline Finance Ltd. said today that it had raised INR900 million through a public issuance of secured redeemable non-covertible debentures (NCD).
Senaat, because of surging stock values, had engaged the services of banks to run its IPO. Senaat, Abu Dhabi holdings firm, owns companies such as National Petroleum Construction Co, has engaged the services of HSBC Holdings Plc and JP Morgan Chase & Co for a share sale.
