BlackRock Inc. had reduced its Hong Kong investment after slow growth in the economy, said a Bloomberg report.
Firm Management
SAC Capital nears settlement of insider trading case
The seven year battle between federal prosecutors and Stephen A. Cohen's SAC Capital Advisors nearing a compromise agreement.
Angel investor and co-founder Waldron leaves Zynga
Zynga co-founder Justin Waldron announced his departure via a Facebook post. Zynga co-founder Justin Waldron recently announced that he would be leaving the gaming giant after six and a half years.
Mintigo raises USD10 million in Series C funding round
Marketing intelligence company Mintigo raised USD10 million in its recent funding to further growth in social data marketing and company sales.
Wix chooses Nasdaq over NYSE
Wix.com Ltd, the Israeli online provider of website management tools, chose to list in the tech oriented Nasdaq.
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BlackRock CEO Laurence D. Fink said the tapering by the US Federal Reserve would be extended until the March.
A payment of USD260.7 million was paid to Berkshire Hathaway for the exercise of its warrants from General Electric Co.
Wrigley issued a number of debt instruments with specific term lengths, yields and interest rates. An amount worth USD3 billion through a five bond offer was done by Mars Inc's Wm Wrigley Jr Co.
Ahead of its IPO, Twitter hired JJ Hirschle, a former Google advertising executive as the company aimed to expand its businesses and strengthened its workforce.
Richmond resident trustees have filed an appeal on a decision made by US District Judge Charles Breyer dismissing the eminent domain case.
According to officials who sought anonymity, House Speaker John Boehner and other Republican leaders in the House would approve the Senate drafted deal on the debt ceiling and the budget.
Australia's Boral Ltd and US peer USG Corp had announced a joint venture which would be equally owned by 50% of each company, said the companies in a statement.
A permanent CEO and a new President for US business was recently installed by the board of directors of Toys R Us.
The recent privatization of Royal Mail creates an 'equity culture' in the UK. The strong demand for Royal Mail shares could become the watershed moment where retail investors return to share sales.
