The People's Bank of China has released notice to require banks and companies to use the yuan in their international transactions.
Regions
Investor Group wants changes to corporate governance in UK
The Association of British Insurers lobbied for stronger controls in UK's corporate governance system.
INTL FCStone backs out of plans to buy Cleartrade
INTL FCStone announced that they are cancelling plans to buy Cleartrade INTL FCStone Inc, a U. S. commodities brokerage announced that it has dropped plans to buy an online commodities exchange in Asia.
Ceasars soars 13% on internet-based gambling spinoff
Ceasars rose 13% due to web-based gambling optimism. The largest owner of U. S. casinos, Caesars Entertainment Corp. , increased its value by 13% after implementing its plans to provide stocks worth around US$1.
US retailers create US$40 million Bangladesh Fund, criticized
US retailers created a plan to put up a fund worth more than US$40 million for Bangladesh factories.
Latest News
Tivli gets financing from venture capitalists amounting to US $3.6 million. Tivli, which offers on-demand and streaming TV content to college campuses, today said it closed $6.
Saïd Business School Seed Fund invests in ACE and Onfido, both of which were established by Oxford alumni.
Boulder Brand acquires 80% of Level Life in a bid to expand as it continues product expansion. Boulder Brands, Inc. has acquired 80% of the shares of Gluco Brands LCC, which owns Level Life Foods.
The digital company gets a boost via a US $250,000 capital infusion. 7signal, maker of the Sapphire wireless LAN performance optimization solution, received a much needed boost after the US $250,000 infusion by the non-profit organization, JumpStart.
Yottaa secures US $16 million deal to finance expansion projects in Boston and Beijing. Yottaa, developer of performance automation service, announced that it raised another US $16 million in its latest financing round after the commitment of new investor, Intel Capital.
Revolutionary grocery delivery business gets US $8.5 million of series A financing to make its presence felt across the US.
The Chicago-based media company is set to spit its ventures just months after undergoing financial restructuring.
Western Digital acquired data storage solutions firm VeloBit. Western Digital Content, a digital storage provider, announced today that it bought software storage solutions provider VeloBit.
Boulder Brands secures a US $330 million credit facility that will refinance its existing secured credit facility.
