China’s Technology Plan Fuels Highest Close of Technology Stocks in HK

Tencent and other Internet company in China led the highest close of the telecommunication industry in Hang Seng index since 2004


Reatile Group acquires Egoli Gas

The South African investment company bought 75% of Egoli Gas through a deal completed in April. South African investment company Reatile Group completed in April a deal to purchase 75% of Egoli Gas Ltd.

Nautic acquires Applied Consultants

Nautic Partners LLC said that it partnered with the management of Applied Consultants Inc to purchase Applied Consultants, Inc.

Egypt coup divides nation, sinks economy

The Egyptian coup d'etat will do nothing to help the country's ailing economy, analysts said.


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Cory Monteith of Glee fame was found dead by hotel staff workers in Vancouver last Sunday. Cory Monteith, who plays Finn Hudson in FOX's hit comedy musical show "Glee", was found dead in his hotel room in Vancouver on Sunday, according to police.
Kyle Massey denied rumors of having cancer on Sunday. Kyle Massey, a 21 year old former Disney star, shot down rumors which claimed that he had been diagnosed with cancer.
Cannabis Technologies announced its new joint venture partnership with Vertigo Technologies LLC. Cannabis Technologies announced its new joint venture partnership with Vertigo Technologies LLC.
Focus Financial Partners stated that Centerbridge Partners agreed to invest US$216 million in a deal that was expected to close in third quarter.
Only a few days after a train derailment which caused six fatalities, the French continued to celebrate Bastille Day.
Loblaw Cos Ltd. would buy Shoppers Drug Mart Corp for US$11.9 billion so that it could create a retail giant.
The Reserve Bank of India imposed US$8.3 million in fines for 22 lenders that flouted rules and regulations on anti-money laundering.
Altor was geared to acquire a majority stake in Rossignol Group that include Weber Investment and the Boix-Vives family.
India’s government chooses five banks to administer the sale of its stake in Indian Oil Corp. The Indian government chose five banks that include the local units of HSBC Holdings and Citigroup Inc to administer the sale of its 10% stake in Indian Oil Corp.
According to Experian, Irish mergers and acquisitions declined 50%. According to Experian, a global information services company, the number of mergers and acquisitions in Ireland dropped by almost 50%.