Spar Group works with partner to open store in Angola

South African grocer Spar Group Ltd said it would be working with an Angolan partner to open a store in Luanda in the next six months.


US restarts alternative vehicle loan program

The United States would be offering loans again through its Advanced Technology Vehicle Manufacturing loan facility.

Ultratech to acquire majority stake in Jaypee's Gujarat plant

Ultratech Cement is in the advanced stages of its discussions with Jaypee Cement Corporation for the acquisition of 51% stake in the company's Gujarat facility.

Speakaboos raises USD6.2M in seed & series A funding

Today, startup firm Speakaboos announced it had received a total of USD6.2 million in seed and Series A funding.


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According to Bats Global Markets Inc. CEO Joe Ratterman, the merger of Bats and Direct Edge Holdings Inc. had raised stock data.
Israeli startup and mobilie add-on Brow.si had raised USD1 million and started partnership with PrestaShop.
The AMR-US Airways merger could be blocked by Federal regulators which had made JetBlue Airways the next target once the US Department of Justices succeeds in derailing the deal.
NCAA's investment portfolio is now valued at USD 527 million as its quasi-endowment and operating reserve posted gains of 11%.
Generic eye drug manufacturer Akorn said that it would be buying Hi-Tech Pharmacal Co Inc in a deal worth USD 640 million.
French oil and gas company Total said that it would be buying the retail network of US-based Chevron in Egypt.
AstraZeneca has been looking at another acquisition deal even after spending almost USD1 billion in acquisitions earlier this year.
WaterSmart Software announced the closing of its Series A funding with USD 4.5 million led by The Westly Group.
Best Buy Co's founder Richard Schulze plans to diversify his assets by selling an undisclosed amount of the company's stock.
Resilience Capital Partners acquired CableNet Services Unlimited through its newly-formed company CableNet Communications.