Ramadan revives food sector as Muslim countries spend more

The Islamic holy month of Ramadan would unite 1.6 billion believers and would directly result to the recovery of markets particularly in the food sector.


Locke adds 54 petrol sites to his gas empire

Locke announced that, together with Patron Capital Partners, it had added 54 petrol sites to their gas station portfolio

Coller Capital to buy stake in DLJ

Sources said that Coller Capital is buying shares of DLJ Merchant Banking Partners. Sources revealed that Coller Capital Ltd. is currently in discussions to purchase Credit Suisse Group AG's shares of DLJ Merchant Banking Partners.

Men's Wearhouse acquires Joseph Abboud for US$98 million

Men's Wearhouse announced that it had acquired Joseph Abboud in a deal worth US$98 million. Men's Wearhouse anounced that it had acquired Joseph Abboud, New Bedford-based suit maker, for US$98 million.


Latest News

Apple's "grand vision" for the television might be skipping commercials altogether, tech analysts predict.
Pharos Capital announced that it is finalizing its exit from Pioneer Surgical as the company is acquired by RTI Biologics.
Almost two dozen tech companies requested for better transparency from the National Security Agency.
Nelson Mandela received one of South Africa's smart ID cards as present for his 95th birthday. The ailing former South African president Nelson Mandela received quite an unusual gift for his 95th birthday.
The South African sovereign debt rating remained unchanged after government efforts to control the mining industry succeeded.
In a statement released today, U.S. President Barack Obama paid his tributes to ailing Nelson Mandela.
Brixmor filed for its market debut on Thursday. Blackstone Group's Brixmor Property Group Inc. finally filed for an initial public offering with federal regulators.
According to analysts, the North American Free Trade Agreement or NAFTA can be blamed for the current situation of Detroit.
Orange has announced that it is considering the sale of shares to improve its capital structure. Orange, originally known as France Telecom, announced that it is now considering selling its operations in the Dominican Republic.
UBS stated that it outperformed other share-sale underwriters in the Southeast Asian Region thanks to big deals in Indonesia, Thailand and the Philippines.