The return by Egypt of USD2 billion to Qatar is a sign of growing tensions between the two countries.
Sectors
Two hospitals have been transferred to Reliant Hospital Partners LLC
Senior Housing Properties Trust sells off its two hospitals to Reliant Hospital Partners LLC. Real estate investment trust Senior Housing Properties Trust said last Friday that had finalized an agreeent to sell to third parties the New England Rehabilitation Hospital and Braintree Rehabilitation Hospital.
GP Investments Ltd announces sale of its Estacio shares
GP Investments had filed with regulatory authorities the sale of its owned shares over college operator Estacio Participacoes.
Xinyuan Real Estate receives USD109 million investment from TPG Capital
A USD109 million investment was made by TPG Capital in Xinyuan Real Estate. TPG Capital was advised by Ropes & Gray on the completion of a strategic investment in Xinyuan Real Estate Co.
Branding Brand raises USD9.5 million in funding
Branding Brand was chosen by investors to develop a mobile commerce platform for retailers. The largest mobile commerce platform to major retailers, Branding Brand, announced that it secured USD9.
Latest News
Investors and analysts would be closely watching how many units Apple's new iPhones would sell on opening weekend.
Users take to social media to air their frustration when they failed to successfully download Apple's newest operating system, the iOS 7.
Joy Covey, Amazon's former CFO, has passed away. The former Chief Financial Officer of Amazon was killed while riding her bicycle on Wednesday afternoon.
Venture capitalists mourned the death of colleague Joy Covey, first CFO of Amazon. Venture capitalists remember Joy Covey as woman who steered Amazon through its toddler years.
The Indian telecom department is nearing the completion of the new policy guidelines to govern the mergers and acquisitions in the industry.
In its first acquisition in the country, L'Oreal recently announced the acquisition of Cheryl's Cosmeceuticals to enhance its product line.
Synthetic antibodies maker Indi Molecular closed its seed round with USD 1.5 million. Indi Molecular announced the close of its seed funding with USD 1.
Cybersecurity software developer FireEye Inc raised USD 304 million for its IPO. Cybersecurity firm FireEye Inc was able to raise USD 304 million for its initial public offering.
Reuters reported that Monte dei Paschi di Siena was slated to announce a drastic recovery plan to avert a government takeover.
