British helicopter airline Bristow Helicopters picked up a 60% stake in UK-based airline Eastern Airways International Ltd, with the two firms to continue operating as entities independent from each other, as part of the strategic investment deal.
Investors
bRight Switch launches Indiegogo campaign to upgrade US homes' light switches to smart screens
Oregon, US-based startup bRight Switch launched a crowdfunding campaign on Indiegogo to raise $115,500 for a prototype of a wall-fixed smart tablet that will replace the ordinary home light switch.
Next wave of super-rich heading for London as new crises bite
Political and financial upheaval in some of the world's largest emerging economies is driving a new wave of rich migrants to London's supercharged property market as a place to park their wealth, data from a leading real estate agency showed on Friday.
Google Glass looks to roadshows to change public perception of glass
Google Glass is doing more roadshows to give the public and politicians the chance to try Google Glass and help remove the negative publicity that surrounds it, TechCrunch reported.
Nestle looking at options to reduce L'Oreal stake: Bloomberg
Nestle, the world's biggest food company, is looking at ways to reduce its $30 billion stake in cosmetics firm L'Oreal, Bloomberg reported on Saturday, citing sources with knowledge of the matter.
Latest News
Rengan Rajaratnam, the younger brother of Galleon Group Founder Raj Rajaratnam, has asked the US District Court in New York to dismiss charges of insider trading filed against him last year, Reuters reported.
As plans to look for a buyer for its chip manufacturing business fail, IBM is said to be looking for a joint venture partner for the operations, according to sources interviewed by Bloomberg.
CtW Investment Group has called for a revamp of the all-male Board of Directors of the Skechers USA Inc in order to prevent potential missteps, Reuters reported.
KKR, a private equity company, will be purchasing optical retailer National Vision based in Lawrenceville, Georgia for an undisclosed amount, The Atlanta Journal Constitution reported.
After losing a third of its value last week due to a ruinous blog post published about the firm by a Harvard Business School professor, Blinkx complained to a financial regular that it may have been the victim of a market manipulation, the Financial Times reported.
Ten billion shares of common stock were offered by bitcoin firm Bitcoin Kinetics on the website Cryptostocks, Quartz reported. The startup intends to make hardware that enables vending machines to accept payment in Bitcoin.
According to economists, the poor jobs report will most likely not prevent the Federal Reserve from proceeding with the trimming of its monthly bond purchases, Bloomberg reported.
Direct Local Food, a farming industry-focused startup led by two women, aims to champion local food by linking farmers with restaurants and grocers, VentureBeat reported.
India-based travel booking website MakeMyTrip bought Amsterdam, Netherlands-based hotel booking portal EasyToBook in a deal valued at around $5 million to increase its revenue through online hotel bookings.
