Multi-dollar rice invention scheme brought financial woes to Thailand. Moody, a ratings agency, warned Thailand of the risk "populist measures" would have on government finances.
Investors
Apple acquires Locationary and HopStop
Apple Inc announced the acquisition of mapping companies, Locationary and HopStop. Apple Inc announced that they have acquired two small companies, Locationary and HopStop.
Comic Con aims to raise US$1 from fans for non-studio revo
Comic Con requested US$1 from its millions of fans to join in a non-studio revoluttion Comic Con requested its followers on social media, which was now in the millions, for US$1 each.
Windsail Capital invests US$5 million in Compressed Natural Gas
Windsail Capital announced that they have invested US$5 million in NG Advantage. Boston based, venture capital firm, WindSail Capital Group announced that they have invested US$5 million in NG Advatage.
SEC in “hot seat” for improper investigation of contractors
US SEC was put under pressure for improper contractor vetting. The US Securities and Exchange Commission (SEC) was placed in a "hot seat" for failing to do a proper background check on 40 to 70 contractors.
Latest News
Starwood Capital Group LLC announced that they have made an offer to acquire New York based luxury department store chain, Saks Inc.
Columbia's Grupo Aval announced their intent to acquire 100% stake in BBVA Panama Grupo Aval announced that they will pay US$490 million to acquire the Panamanian operations of BBVA Bank.
US financing institution OPIC is set to fund the expansion project of Pakistan hospital. The Overseas Private Investment Corporation (OPIC), US financing institution, agreed to fund the expansion of Aga Khan University Hospital in Karachi, Pakistan.
Cinven to acquire Host Europe, an internet hosting and domain firm, in the amount of GBP 438 million.
Private equity veteran T.J. Jubeir has been named as one of the board of directors of Capital Chapter of the Entrepreneurs Organization (EO-DC).
Battery Ventures, Austin Ventures and The Valley Fund have all made their commitments to back-up the newly launched accelerator program, OpenIncubate.
Serinus Energy formalize its strategic relationship with Dutco Energy Serinus Energy Inc. announced that the formation of a strategic relationship with Dutco Energy Ltd.
Maker’s Row announced that they were able to raise US$1 million from seed round. Maker's Row, announced that the company closed a seed round of US$1 million.
Brookwood Financial Partners, LLC acquires Dallas' Interchange Office Center. Brookwood Financial Partners, LLC announced that they have acquired the Interchange Office Center, in Dallas Texas.
