China Railway Corporation boosts annual investment to CNY 660 billion

State-owned China Railway Corporation announced that it will boost its investment in fixed assets this year to CNY 660 billion.


Chong Hing Bank receives M&A offer: sources

Sources told Reuters that Hong Kong-based Chong Hing Bank Ltd has received a potential merger and acquisition offer from a firm controlled by the Guangzhou city government.

Chariot Oil & Gas agrees with Cairn Energy for 35% stake of Mauritania

A farm-out deal was signed between Chariot Oil & Gas Ltd and Cairn Energy Plc. A farm-out deal was signed between Chariot Oil & Gas Ltd and Cairn Energy Plc.

Soasta scores USD 30 million in funding from new and existing investors

California-based cloud and mobile testing company Soasta Inc announced that it was able to raise a total of USD 30 million in growth-stage funds.


Latest News

BMC cut its leveraged buyout loans from US$4.2 billion to US$3.5 billion and boosted sale of bonds from US$1.38 billion to US$1.63 billion.
BMC Software Inc raised US$1.63 billion of dollar denominated debt after boosting the offering by 18%.
Russia-based telecommunications operator MegaFon announced that it would be acquiring Scartel, the only 4G provider in the country for USD 1.2 billion.
New York Times Co Chairman Arthur Sulzberger Jr announced they won't be selling the New York Times.
Oprah Winfrey recently wrapped up a movie with Forest Whitaker entitled "Lee Daniels' The Butler".
In an interview on "The Tonight Show with Jay Leno", President Obama confirmed the presence of a significant al Qaeda threat.
Washington Post Co.’s future relied on Kaplan Inc.'s for-profit colleges. On the night of August 5, Kaplan Inc. 's chief executive officer, Andrew Rosen, sent a memo to the company's workers regarding its parent corporation's, Washington Post Co.
Tameka Foster, estranged wife of R&B star Usher sought for sole custody of Usher Raymond V after a drowning incident in the music star's home in Atlanta.
Energy platform drillMap Inc announced that it successfully closed its Series A funding round with USD 6.5 million.
YoungAndMinted.com, the photo sharing website for people who have succeeded in business, announced that it has received funding from two unidentified investors.