BlueCrest Capital Management's BlueTrend hedge fund slumped by 16.9% that was expected to reflect a US$2.7 billion loss in the main fund.
Investors
Batista quits MPX
Brazilian billionaire resigned from his company, MPX Energia. (Photo : Reuters)This is Brazilian billionaire Eike Batista. Brazil's richest man Eike Batista said today that he resigned as the chairman of MPX Energia SA.
US Stock Market, Best Place to Invest
The US stock market was the best-performing market and thus, the place to invest. (Photo : Reuters)The image shows traders at the New York Stock Exchange.
Bharti Airtel increases shareholdings in venture
A 2% increase of shareholdings was done by Bharti Airtel in the venture established with Qualcomm Inc.
Emulex Sale to Recover Lost Stock Value after 31% slump
Emulex considered selling itself again with the hope to restore its lost stock value. (Photo : )The photo displays the logo of Emulex. Chipmaker Emulex Corp.
Latest News
Idinvest's Prosensa Holding held its first trading day on the Nasdaq. (Photo : Reuters)This is the logo of Prosensa. Prosensa Holding, a biotechnology and life sciences firm from the Netherlands, initiated its first trading day on the Nasdaq New York.
Impetus Trust and PEF formed a new charity as they merged today. (Photo : Reuters)These is the logo of Impetus - PEF. Impetus Trust and The Private Equity Foundation announced today that they have merged, creating a new charity called Impetus - the Private Equity Foundation.
Brazil increased bid price for Libra, the world's largest oil find from US$4.6 billion to US$7 billion.
MTV Italy, which is owned by Telecom Italia Media, was sold to Viacom International Media Networks for Eur 10 million.
Global shares increased as the ECB lowered interest rates. (Photo : Reuters)This is the logo of the European Central Bank. The European Central Bank made it easier for private equity firms and ventures to invest in the region as it lowered its refinancing interest rate.
Fitch ratings for the transport infrastructure sector was mostly Stable Outlook. (Photo : Reuters)The image shows a building of Fitch Ratings, a global rating agency.
Yahoo's acquisition of Xobni was below its valuation and barely covered the amount venture capitalists invested.
Naftogaz is renegotiating its obligations with Gazprombank. (Photo : Reuters)The image is natural gas fuel burning in a stove. The national oil and gas company of Ukraine, Naftogaz, is undertaking negotiations to extend the demandable maturity date that it owes Gazprombank of Russia.
Ocapo Ltd received new round of investment for expansion purposes. (Photo : Reuters)The image is an man browsing online. In an announcement, Northzone said it led a GBP9.
