'Super Angels' provide better chances for UK upstarts

Angel investors are saving the upstarts in the UK, according to a Deloitte poll. Recent studies show that a new breed of 'super angel investors' are driving the United Kingdom's economic growth by filling the void left by the absence of traditional venture funds for upstart firms.


Enstar Group buys Torus Insurance

Enstar Grouped acquired Torus Insurance in a US$692 million agreement. Enstar Group announced today that it acquired Torus Insurance for US$692 million.

Russia to ramp up oil exports in Asia at Europe's expense

Russia announced that it would lift its oil exports in Asia and consequently decrease the distribution for Europe.

New jobs open in Ireland as Pfizer invests

Pfizer invests in two plants in Ireland. A company restructuring in Pfizer's two plants went underway as the pharmaceutical giant announced that a US$130 million investment is heading their way.


Latest News

Asia Pacific Investment House invested in St. Kitts & Nevis' Paradise Haven. (CORRECTION: Updated facts related to the investment done in Paradise Heaven.
Philippines' largest company gets offers to purchase its shares in bank and power company. San Miguel Corporation (SMC) confirmed that it obtained offers to buy its shares in its electricity and banking businesses.
Balfour Beatty Plc created a venture with Sydney Water for Au$150 million water projects in Australia.
NanoSatisfi received additional investment from Grishin Robotics. Grishin Robotics, a multinational investment firm, provided a US$300,000 investment to NanoSatisfi.
Petroleo Brasileiro SA's acquisition of Angolan LNG's first cargo was expected to lessen the shipping demand.
Griffin-American makes its first investment outside of the US by purchasing a UK portfolio for US $447.8 million.
JMI Equity announced today the promotion of six executives. JMI Equity, a growth equity company targeting software, internet, and technology businesses, announced six promotions in its company this Thursday.
EasyJet gets approval from majority of its shareholders to proceed with its plan to purchase additional Airbus planes.
Due to free trade agreements with many nations, Morocco is set to become the next investment hub, analysts said.
The Bank of America downgraded its rating on financing firm CYS Investments. The Bank of America downgraded CYS Investments to an "underperform" rating from a previous "neutral" classification in a research note released today.