A survey by Jones Lang LaSalle reported that private equity investments into Europe by large funds have reached their highest levels since 2007.
Regions
Oman's Sembcorp to hold its IPO in September
Sembcorp Salalah Power and Water Company stated that it was now preparing for its IPO in September. Oman's Sembcorp Salalah Power and Water Company announced that it is preparing to float an initial public shares offering in September of this year.
Rothschild and Moelis & Co to handle Publicis & Omnicom deal
Publicis and Omnicom hired New York based Moelis & Co and the Paris-based adviser Rothschild for their merger.
Thales Group to sign RM380 million deal with KTMB
The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.
Blackstone sees lesser opportunities in India
A Blackstone executive said it had found fewer opportunities to invest in India after seeing public governance issues.
Latest News
ABI Research said that Apple would soon face market share rivalry with several Chinese low-cost smartphone manufacturers.
Strategy Analytic reported that Samsung already took Apple's place as the world's most profitable smartphone firm.
Facebook would make its capital investments worth US$1.6 billion in 2013 to capitalize on the number of its users and its mobile advertising base.
According to several analysts, the mobile ad boom of Facebook would provide an excellent model for other social networking sites.
The users of Instagram complained about a hack that posted photos of smoothies and fruits to their accounts.
Baidu Inc jumped since Facebook boosted the outlook for social media companies. Baidu Inc led the rally in Chinese equities exchanged in New York. The company said that it gained more profits after Facebook outdid the estimates of analysts.
Japan's Renesas Electronics Corp would close its system LSI chip plant due to the decreasing popularity of game consoles.
Mark Zuckerberg, co-founder and CEO of Facebook said that he plans to earn from Instagram through advertisements.
Samsung appointed a new African CEO and boosted capital spending. There were several notable events in Samsung recently. One of which was appointing a new CEO for Africa.
