Private equity financing can help solve the lack of growth of small and medium-sized enterprises in Rwanda.
Industry
UBS settles with FHFA for USD 885 million
Swiss banking giant UBS settled with the US Federal Housing Finance Agency to pay USD 885 million to Fannie Mae and Freddie Mac.
Xinhua warns more foreign pharmaceutical firms could be investigated
China's official news outlet said that more foreign pharmaceutical firms in the country could face the possibility of getting investigated for corruption.
William Hague calls for EU reform
William Hague said that he is calling for a reform in the European Union competences. UK foreign secretary, William Hague, called for a reform to decentralize power in the European Union for the benefit of all of its members, not just Britain.
Japan and US fiscal plans not mentioned in G20 communiqué
Fiscal plans for the United States and Japan escaped mention during the recent 2-day meeting of G20 central bank governors and finance ministers.
Latest News
Entrepreneurs said that the proposed SEC rule requiring private placement issuers to file solicitation materials with the SEC will result to startups raising less capital.
US crude oil futures suffered its first loss in five weeks as concerns about the slowing Chinese economy continue to haunt the industry.
The camera-producer titans find it hard to sell its product due to the increasing demand for smartphones.
Hundreds of millions of dollars were stolen from Nasdaq and other companies by computer hackers based in Russia and Ukraine.
Despite Beijing's stimulus package, Chinese stocks still fell Thursday. Despite China's stimulus measures geared towards strengthening its flagging economy, Asian stocks dipped this Thursday.
China may ease up on its monetary policies soon, says watchers. The eyes of economists keen on Asian markets are now focusing intently on what China is going to do next after the government earlier announced fiscal stimulus measures to fire up its weakened economy.
The tequila industry expected to record sales due to National Tequila Day, a vital holiday being celebrated today.
UK Asset Resolution, dubbed as Britain's "bad bank" has agreed to sell the Northern Rock loan portfolio for US$615 million.
The Renewables Infrastructure Group Ltd. raised US$460million or GBP300 million in concluded IPO. The Renewables Infrastructure Group Ltd. (TRIG), announced that they were able to raise GBP300 million or US$460million.
