Brazil's Infraero Withdraws IPO
Infraero has withdrawn its application for an IPO as two of its licenses to operate may provide the necessary funding for its operations and growth.
Infrastructure
Putin, Erdogan Supports Gas Pipeline
The two statesmen had signed the agreement on the said "Turkish Stream" project. The project is about building a gas pipeile from the Black Sea to Turkey. This will be then distributed to European Union nations.
General Electric Eyes on Investing $150 Million in Nigeria
U.S. industrial firm General Electric (GE.N) plans to invest around $150 million in Nigeria by 2017..
Greene Touch Empowers Google Dealing With Home Depot
Google has been witnessed to expand its client service network under the direct leadership of former VMWare co-founder Diane Greene. Google Cloud Platform has announced winning Landing Home Depot as i..
China’s State Backed CRR Corp. Unit Bags $1.3 Billion Chicago Rail Car Contract
Chicago Transport Authority has planned to replace 2,600 age old rail cars with 846 units of 7000-Series cars. CTA has awarded the $1.3 billion deal, the largest purchase in its history to a unit of C..
Latest News
Kenya private equity firm to invest 1st fund, property venture on regional front
With eyes set on the increasing demands of East Africa's growing middle class, Kenya-based private equity firm Catalyst Principal Partners has started to make investments from its $125 million fund an
India is Selling off Shareholdings in Private Firms
India, in order to raise funds to narrow the budget deficit, is selling off asset shareholdings in Indian corporations.
Sanofi Expands Further in Vietnam
Hoping to maximize the wave of increased health care demand in Asia, Sanofi is building a new factory in Vietnam.
Veolia Environment Sells Off Water and Wastewater Business
Veolia's divestment program sells off its water and wastewater concessions to Beijing Enterprises Water Group Ltd.
Are Investors Ready for Southeast Asia?
With infrastructure demand at an all time high, there are still many pitfalls that investors face when putting their money into Southeast Asia.
Petrobras Auctions Nigerian Oil Field Shares
Petrobras is now setting up its plan for the auction of its shares in Nigerian oil fields
SBM Offshore Inks $3.5 Billion Contract from Petrobras
SBM Offshore, along with its partners, has signed a $3.5 billion contract from Brazilian oil firm Petrobras to construct two oil platforms.
Total, Aker Solutions Sign Deal for Subsea Production Delivery
Energy company Total and Norwegian oil services firm Aker Solutions have signed an agreement in which the latter will deliver a subsea production for the Moho Nord Project in Congo Republic.
Italy's Government Impasse to cause deep Economic Scars
The current lack of a majority in the Italian government is seen as a precursor to further economic issues in the long run.
