Infrastructure

Google - Starbucks' new coffee buddy

Google will provide Starbucks' Wi-Fi services, replacing previous supplier AT&T.

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Blackstone Group to work with Deutsche Bank for rental home bonds

Private equity firm Blackstone Group LP announced that they are planning to work with Deutsche Bank AG regarding rental home bonds.

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Tecnicas Reunidas to win US$1 billion contract

Spanish industrial engineering company, Technicas Reunidas SA announced that they are in the final stages to win a US$1 billion contract for a natural gas processing plant.

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FERC fines J.P. Morgan Ventures Energy Corporation USD 410 million

A unit of J.P. Morgan Chase & Co. was slapped USD 410 million in fines by the FERC.

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PBOC injects CNY 17 billion (USD 2.7 billion) in local market to ease credit crunch

China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.

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No major investments for India's manufacturing sector: survey

The India Manufacturing Barometer survey revealed that manufacturing companies will be holding off on new investments this year.

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Orco Property Group raises EUR 15 million from stake sale

Orco Property Group announced that they were able to raise a total of EUR15 million from stake sale.

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Lanco Infratech begins process to restructure INR 75 billion (USD 1.3 billion) debt

Lanco initiates the process to restructure its debt amounting to INR 75 billion (USD 1.3 billion).

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Reliance Industries Ltd and ONGC signs MoU for infrastructure sharing

ONGC and Reliance Industries signed a Memorandum of Understanding that allows them to share infrastructure on the east coast.

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Ethiopia partners with China's Huawei and ZTE

To expand the country's mobile phone infrastructure, Ethiopia signed a US$1.6 billion deal with two Chinese firms.

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Unipex acquires Biopharmacopae's cosmetic ingredients portfolio

Unipex subsidiary Lucas Meyer Cosmetics recently purchased cosmetic ingredients and IP rights from Avrio-backed Biopharmacopae.

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Zynga shares drop after abandonment of real-money gaming

Social games provider Zynga Inc loses investors and revenue after announcing abandonment of real-money gambling plans.

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Freeport Indonesia says 5% stake to be offered to public

Freeport Indonesia has said that it will be offering the public a 5% stake in the mining company.

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Qinhuangdao Port Co to raise US$800 million through IPO

Qinhuangdao Port Co. said that they are planning to raise US$800 million through an initial public offering.

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Blue Bird Group to raise US$600 Million from IPO

Indonesia biggest taxi operator, Blue Bird Group, plans to raise US$600 million through an initial public offering.

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