Industry
Youku Sees Original Mobile Content to be Profitable
Youku views mobile content as platform for profits for the firm. China's largest online video company, Youku Tudou Inc. , claims that original programming and a drive into mobile content will support the company as it looks into posting its first profit since its initial public offering in 2010.
McClendon Forms American Energy Partners
McClendon, after his exit from Chesapeake Energy, is now undertaking a new venture, American Energy Partners.
Proposed Legislation to Complicate Bank Operations
With the proposed US$400 billion asset ceiling and 10% equity retention limit, banks may be forced into complicated situations.
The deVere Group Opens Shop in Cayman Islands
The deVere Group opens its offices on the Cayman Islands. The deVere Group has recently announced the establishment of its regional office in the Cayman Islands as a signal to its presence in the area.