CCB nears closing of Bicbanco buyout - source

The source said China Construction Bank Corp's acquisition of BicBanco would be the easiest step in securing a license to expand in Brazil.


Hedge funds prod regulator to launch probe on World Acceptance Corp- sources

Sources told Bloomberg that hedge funds were asking the consumer bureau to investigate World Acceptance Corp.

Sarissa Capital buys 6.22% stake in Ariad Pharmaceuticals

Sarissa Capital Management acquired a 6.22% ownership stake in biotechnology firm Ariad Pharmaceuticals.

Institutional investors optimistic on Twitter IPO

Fund managers said they were optimistic about Twitter's upcoming debut. Institutional investors expressed confidence about the initial public offering of social media company Twitter Inc.


Latest News

News Corp received a five-year revolving line of credit amounting to USD 650 million. News Corp was able to get a revolving credit line worth USD 650 million, which would be good for five years.
Sources said Blackstone would be making a bet for regional government properties in Spain after its July acquisition.
Securus Medical Group raised USD 6.5 million at the initial close of its Series B round led by 3X5 Special Opportunity Fund.
French advertiser Criteo raised USD 250 million from its IPO. France-based firm Criteo raised USD 250 million from its initial public offering in the US.
French billionaire Xavier Niel was looking at possible deals with phone companies in Europe, sources told Bloomberg.
Former billionaire Eike Batista would be selling his coal mines in Colombia to Yildirim Holding for USD 450 million.
The permanent eternal flame was brought back to light the gravesite of JFK after its repair. The eternal flame marking the gravesite of former US President John F.
The flight of the St. Louis Cardinals back to Boston for Game 6 of the World Series was delayed due to mechanical problems.
Assassin's Creed IV DLC would continue to be available only on Sony's PlayStation 3 and 4.
The fourth update of the Assassin's Creed transported gamers to various worlds. Assassin's Creed IV: Black Flag has been dubbed as a nonliterary vehicle for cultural tourism, according to a review of the video game which appeared in The New York Times.