UKAR announced the sale of a Northern Rock portfolio to JC Flowers and Marlin Financial. UK Asset Resolution (UKAR), also known as Britain's 'bad bank', announced that they have agreed to the sale of a Northern Rock portfolio.
Investors
Sanofi India Ltd and Carlyle Group set to purchase Elder Pharma's drug formulations business
Sanofi India Ltd. and the Carlyle Group are in separate negotiations for the purchase of Elder Pharmaceuticals Ltd domestic drug formulations business.
Analysts' take on Apple's June quarter results: bulls vs. bears
Analysts commented on their take on Apple's June quarter results. Apple revealed its results for the June quarter. Traders were pleased with the report even though the result was mixed.
Investors must reassess investments on Intel and Microsoft-analysts
Apple and Google's effect on PC industry would result to investors' reassessment of their investments on Intel and Microsoft.
ADNOC's US$40 billion investment plan underway
ADNOC announced that they are halfway through their US$40 billion investment plan. Abu Dhabi National Oil Co. (ADNOC) said that they are halfway through plans for the company's US$40 billion investment plan.
Latest News
Japanese software firm freee has received $2.7 million in Series A funds from DCM and Infinity Capital Partners.
William Sonneborn has resigned as the corporate credit and equity investments head of KKR & Co LP and Craig Farr is set to take over his post.
According to IDC, there were seven countries where Windows Phone outsold the iPhone. The Head of Public Relations at Microsoft, Frank Shaw, published a blog which tallied the progress of Microsoft.
The Commonwealth Bank of Australia announced plans to exit the real estate business. Commonwealth Bank of Australia (CBA) said that they are in the process of seeking an avenue to leave its property management business.
BlueTarp Financial has secured additional $15 million funding from Long Ridge Equity Partners and existing investors.
Billabong has secured a $294 million proprietary loan to boost their working capital. Surfwear and extreme sports clothing maker Billabong International Limited has secured a $294 million proprietary loan to boost their working capital and refinance an existing loan.
Falcon Oil & Gas Co said that they have in the process of acquiring shares from remaining FOGA shareholders.
Dwyane Wade and Siohvaughn Funches agreed on the terms of their divorce settlement. Dwyane Wade and Siohvaughn Funches agreed on their divorce settlement.
Google has 25% share in the internet traffic coming from North America. Data from Deepfield, an analytics firm, indicated that Google took 25% internet traffic in North America.
