Edge Products, the manufacturer of high quality parts for vehicle manufacturers, recently filed for Chapter 11 bankruptcy protection.
Regions
Businessman says investors willing to help Banca Marche
Marche businessman Francesco Merloni said investors were willing to put capital in Banca Marche. A businessman told Reuters that locals were willing to help Banca Marche.
ZappRX receives USD1 million in seed funding, promises to update prescription process
Pharmaceutical platform startup ZappRX received USD1 million in a recent seed funding. Pharmaceutical software startup ZappRX received USD1 million in its recent seed funding.
XBox boards Tell Aviv Startup Jinni for content catalog recommendations
Jinni has been boarded by XBox as its newest partner to power its video content catalog. Natural language processing-based video content recommendations provider Jinni was boarded as Xbox's newest partner.
News on VW CEO retirement dismissed
The news media report on Volkswagen CEO's retirement was dismissed in another news report. Ferdinand Piech, Chairman of Volkswagen, dismissed a report in the media stating he would be quitting his post at Volkswagen, the largest automaker in Europe, soon.
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Malaysia Airports Holdings was able to gather MYR 500 million from its sukuk issuance for the construction of its budget airlines terminal.
Telegraaf Media Group (TMG) was able to raise EUR 391 million by selling its non-core stake in ProsiebenSat 1.
As the fruition of months of planning and years of animosity, China and Taiwan formalizes the two way cross border transaction system for companies trading in the yuan.
Matrix, the leading efficient energy management company, was purchased by E.ON Connecting Energies for an undisclosed amount.
Rothesay Life Insurance, the British insurance operations of Goldman Sachs Group, had agreed to sell 30% shareholdings to GIC and Blackstone.
Sources said NTT DoCoMo would finally start offering Apple's iPhones to its Japanese subscribers.
Sources told Reuters that KKR would be favored by Panasonic to acquire a majority stake in its healthcare business.
Banca Carige was advised by the Bank of Italy to make changes in policy and personnel as it prepares for regulatory changes for next year.
The Vehicle Production Group is under new management as AM General purchased the DOE denominated debt.
