Grupo BTG purchases Petrobras oil interests in Africa. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.
Investors
Verizon Communications Eyeing Canadian Market
Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.
Siemens to close shop on solar energy businesses
Siemens to close Solel, its solar energy unit after failing to sell off the business. (Photo : Reuters)The image is the corporate logo of Siemens. Siemens, the German industrial conglomerate, has announced the shutdown the last unit of its solar energy business after it had failed to find a purchaser for the business.
China's Sovereign Wealth Fund Invests in Banks
In a bid to uplift consumer confidence, Beijing's Central Huijin Investment Co had invested in banks in the form of share purchases.
Tunisia to boost local banks with IMF money
Tunisia received loan facility from IMF to boost capitalization of local banks. (Photo : Reuters)The image is the corporate logo of the International Monetary Fund.
Latest News
New CEO for TeliaSonera causes increase in share values. (Photo : Reuters)The image is the CFO of TeliaSonera. The share values of TeliaSonera AB rose to its highest in a month after it appointed Johan Dennelind as its new CEO.
Formerly i2A Fund II, Chicago Ventures recently announced its close on a $40 million Series A fundraiser.
Li Ka Shing's firms buys out European owner for Dutch waste management firm. Cheung Kong Holdings Ltd, owned by billionaire Li Ka Shing, and their partners have forged an agreement to purchase Afvalverwerking BV for Eur943.
Fullscreen announced its successful Series A funding. Fullscreen, a next-gen media company, said on Monday that The Chernin Group, Comcast Ventures, and WPP all contributed to its Series A-funding.
Tom Cady is hired as cloud-based solution firm CareCloud's new vice president for professional services.
Surgery tool developer Minimally Invasive Devices acquired additional $2 million in funding. (Photo : Reuters)This is an image of surgical procedure which produces scars that Scaraway heals.
Eutelsat Communications SA and KKR & Co are the first to place their bids for Singapore Telecommunications' Australian arm.
Cinven will buy specialty chemicals firm CeramTec for EUR1.49 billion. Cinven nears another acquisition after Rockwood Holdings, an advanced materials and specialty chemicals company intends to sell CeramTec, its ceramics subsidiary.
A spokesman said that AT&T have not made any formal proposal to acquire Telefonica, disproving recent reports on the alleged deal.
