Global cruise operator Carnival Corporation & plc would be investing USD180 million from its own capital in "scrubber technology" to comply with the air emission standards of the US Environmental Protection Agency (EPA).
Deals
Pimco's Total Return Fund loses USD 41 billion in four months- Morningstar
Morningstar reported Pimpco's Total Return Fund took a USD 41 billion hit in the last four months.
Microsoft's record of deals patchy at best- Factbox
Reuters Factbox showed Microsoft's acquisitions and investments over the years had not been very lucrative for the company.
Virgin Galactic's SpaceShip Two makes record flight
The highest altitude and the greatest speed was achieved by Virgin Galactic's SpaceShip Two. SpaceShip Two of Virgin Galactic reached record speeds and altitude in tests just before it starts its plan of manned flight to space with passengers by next year.
Cancel Egypt aid or US loses billions - Pentagon official
A senior official of the Pentagon told Reuters that the US government would be in danger to defaulting weapons contract payments should they halt Egyptian aid.
Latest News
A new set of bidding guidelines will be utilized for the newest ultra mega power projects for the next decade.
Generali Chairman Gabriele Galateri told Reuters in an interview that the company would be selling its stake in Telecom Italia depending on the decision made during the Italian phone company's shareholders meeting.
Private equity firm LDC would be expecting a windfall from the recent sale of energy management group Matrix and its parent company Green Sky Energy to German energy company E.ON.
President Nursultan Nazarbayev confirmed that Kazakhstan would be inking 22 deals with China worth USD 30 billion on Saturday.
Daimler CEO Dieter Zetsche told a German newspaper that they would be constructing a new car plant in Brazil.
President Uhuru Kenyatta's office said Africa's richest man Aliko Dangote would invest in a USD 400 million cement factory in Kenya.
Youtube network firm Maker Studios announced its official acquisition of Blip for an undisclosed amount.
Kazakh government sources told Reuters that the country had agreed to sell 8.33% of its stake in the Kashagan oil field to China.
A Techcrunch news report said that personalized e-commerce and gift-giving startup Wantful would be shutting its operations down due to its inability to get additional capital.
