Lockheed Martin commences plans to make US Army equipment upgrades less expensive

Lockheed Martin announced that it is developing a plan to make the upgrades of equipment that will be used by next-generation helicopters of the US Army more convenient and less expensive.


India halts 5% divestment in BHEL

The Indian government decided to postpone its 5% divestment proposal in BHEL for the time being. Plans of the Indian government to divest in BHEL were shelved today citing the company's low share price.

Del Monte invests in the Philippines' banana industry

Del Monte invested US$13 million in a banana plantation in Maguindanao province, according to recent reports.

Shinsegae invests KRW2.5 trillion to create jobs for South Korea

South Korean retail chain Shinsegai said that it will continue to invest in the local market this year to boost local demand.


Latest News

For the first time in over six years, activity in the services sector in the UK grew to its fastest pace.
Nine more banks were hired by Barclays to manage its rights offering next month worth GBP 5.8 billion or USD 8.9 billion.
Samsung lost US$1 billion in market value after the US President Barack Obama vetoed the import ban on Apple's products.
According to data by the Financial Supervisory Service, Chinese investments in South Korea's local securities increased 42 times since late 2008.
Ultra Electronics Holdings announced the expansion of its non-military business to fuel growth as countries' defense spending drops.
Corporate Financing Group of NXT Capital created Direct Originations Team today as part of its drive to seek new financing opportunities in the mid-market.
Rotunda Capital announced its exit from Worldwide Express today. Mid-market private equity firm Rotunda Capital Partners announced its exit from Worldwide Express today.
iPhone recently introduced a new app that connects bike owners with those seeking to rent them. iPhone recently introduced a new app that connects bike owners with those seeking to rent them.
Hasting Funds Management bought the entirety of Carmel Capital, including its subsidiary Phoenix Natural Gas.
Investec gave follow-up financing to 2M Group Limited today. Investec Growth and Acquisition Finance handed out a follow-up financing to 2M Group Limited, an existing client who owns Surfachem and Banner Chemicals.