On Wednesday, sources disclosed that the board of directors of Spanish oil major Repsol will resolve to agree on compensation for its 51% ownership stake in YPF, of which the latter will be nationalized by the government of Argentina.
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U.S Senators wants the NSA PRISM program to stop
3 U.S Senators published an op-ed in the New York Times today, questioning on why American citizens were not able to have the knowledge to challenge the infringement of their privacy rights.
Extreme Reality secures USD 10 million in Series D round
Extreme Reality, an Israel-based startup which provides analysis of 3D motion was able to secure USD 10 million in its Series D funding round. The secured funds will be used to expand to additional markets and further develop their system.
China's mission for foreign oil control evident in crude exports monopoly in Ecuador - report
A report revealed in detail based on its records how China was able to acquire control of oil of countries Venezuela, Brazil, Angola, and now OPEC member Ecuador.
Germany's Merck looks for deals to lift U.S. drug sales
German healthcare group Merc is looking for acquisitions and collaborations with start-ups to grow its drugs business in the United States, a senior Merck official said.
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The USD1.5 billion acquisition bid Men's Wearhouse Inc offered to Jos. A. Bank Clothiers Inc was the former's form of retaliation after receiving pressure from its largest shareholder Eminence Capital LLC to accept the takeover bid Jos A Bank extended earlier.
Snapchat's rejection of Facebook's USD3 billion acquisition offer raised the question about the true measure of a startup's viability as a profitable company in terms of the number of likes, snaps, and even signups.
The resignation of billionaire Carl Icahn's director appointees in Take-Two Interactive Software Inc's board of directors was part of an earlier agreement should Icahn decide to sell his position in the video game publisher.
Occasio Growth Fund I will welcome investments from institutional and accredited investors in order to raise USD100 million to capitalize on the booming USD24 billion industry in villa rental, private equity firm Occasio Funds said in a statement today.
According to a report by Bloomberg, the charts produced by market-data provider Nanex LLC caused the ire of some traders, who insisted that Nanex's charts caused unnecessary investor anxiety.
In its efforts to restructure the company, Bank of Cyprus hired former deputy chief executive Euan Hamilton from the Royal Bank of Scotland as a consultant. Bank of Cyprus's efforts to turn the state of the company around has been hindered by political infighting as well as heavy criticism over its lack of transparency.
Indian company TTK Group is moving forward with its plans to seize back market share it lost after the ending of its partnership with Reckitt Benckiser Group Plc a year ago by increasing sales shipments of its own brand of prophylactics.
Despite the offer at a 27% premium from yesterday's trading close of Algeta ASA's shares, the Norwegian company said through a spokesperson that it does not guarantee that it will accept Bayer AG's offer.
Due to the swing of gold prices, South African mining company Gold Fields Ltd had resorted to negotiating with its creditors for an extension of its loan maturities, said Gold Fields CEO Nick Holland.
