Marc Castro

Scoopshot closes Series A funding round led by Conor Venture Partners

A total of USD3.9 million was raised in a Series A funding round for Scoopshot by lead investors Conor Venture Partners and the Finnish Industry Investment and the startup's existing investors.

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Ezoic closes Series A funding round, raises USD5.6 million

Ezoic's automated website layout and ad improvement software was central to the closure of USD5.6 million Series A funding round through the efforts of Balderton Capital and other investors.

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TPG Capital appoints Tim Dattels as new Asian operations co-head

TPG Capital replaced Stephen Peel with Tim Dattels as co-head for Asian operations and assigns Peel to focus on TPG's interests in emerging markets beyond the region.

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Third Plenum Communique creates hope, fosters disappointment in market

Amid the run up to the Third Plenum, many market investors who have waited for the policy direction from the Chinese government had made them either hopeful or disappointed with the communique released by President Xi Jinping.

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Private equity firms investing in India seek government action on alleged fraud with portfolio firms

Many local and foreign private equity firms have been seeking the government of India to conduct investigations on alleged fraud and poor corporate standards of some portfolio companies.

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Moody's upgrades UAE from negative to stable

Moody's Investor Service had upgraded the ratings for the United Arab Emirates from negative to stable due to recent real estate recoveries and the decline of problematic loans in the market.

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China's Third Plenum issues communique on country's economic future to public

The Third Plenum reiterated the central role of state-owned enterprises as well as the the large role markets play in the future of the Chinese economy.

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Jos A Bank raises bid, provides deadline for possible merger

The chief executive officers of Men's Wearhouse and Jos A Bank had discussed encouraging points as to the further exploration of merger talks between the two clothing firms.

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Patton Boggs prepares merger by hiring advisers and banks

A source told Reuters that Washington-based lobbying firm Patton Boggs' merger discussions with Dallas-based law firm Locke Lord included a due diligence review of a possible merger suitor.

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Canada open to options for its stake in Hibernia offshore oil project

In a moment of candor, Canadian Finance Minister confirmed that the federal government would be open to options as to how to best utilize its 8.5% stake in the Hibernia offshore oil project.

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Alitalia's industrial plan to be submitted for shareholder approval

Alitalia CEO Gabriele del Tochio would be submitting to the board for its decision for an industrial plan which would include 2,000 employee layoffs in order to keep the Italian air carrier aloft.

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Bain Capital LLC is in discussion for the acquisition of TI Automotive

With an earlier attempt at acquisition two years ago, Bain Capital now is in advanced discussions for the purchase of TI Automotive, the maker of fuel tanks and other automotive components.

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Venezuela's PDVSA to sell bonds to shore up dollar reserves

Petroleos de Venezuela SA is set on selling USD4.5 billion worth of bonds to increase scarce international reserves as well as curb the fastest rising inflation rate in the world.

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Alix Resources to pay Ridge Resources in Bitcoins

In an agreement for mining explorations servies, the mode of payment between Alix Resources the owner and Ridge Resources the contractor would be payment in the Canadian value of Bitcoins.

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Glencore Xstrata to debut on the Johannesburg bourse

With an expectation of strong demand for its shares in the market, Glencore Xstrata would be making its market debut in the Johannesburg bourse today.

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