Sources said the Oil & Natural Gas Corp (ONGC) would be buying a 12% stake in the Brazilian oil field owned by Petroleo Brasileiro (Petrobras).
Sectors
Lift Labs launches the Liftware
The launch of Lift Labs was done recently to unveil its latest product the Liftware, which is a product that used grant money for its design and creation.
Apple Canada announces contract pricing for iPhone 5S and iPhone 5C
Apple Canada announced the suggest retail prices for those who would be getting the new iPhones on contract in Canada.
Should consumers buy the iPhone 5C or the iPhone 5S?
A report in The Australian gave Apple aficionados the lowdown on the iPhone 5C and iPhone 5S. A report in The Australian gave the lowdown on Apple's two latest models, the iPhone 5C and iPhone 5S.
Benu Bioventures established to provide candidate drug development
Investment initiative Benu Bioventures would provide funding for the human testing stage drug trials.
Latest News
The Apple iOS 7 was a visual departure from its earlier versions, a report from The Independent said.
Kiosked said it gathered a total of USD 6.9 million in its latest funding round. Kiosked announced that it received USD 6. 9 million from private investors.
An oversubscribed fourth fund from Bison Capital Asset Management was recently announced to be closed.
The First Gulf Bank said it is not interested to bid for Barclays business in the UAE. The First Gulf Bank, a lender based out of the United Arab Emirates, said it has no plans to bid for the retail banking operations of Barclay in the country.
Emirates NBD agreed to a five year sponsorship deal with Manchester United Football Club. The largest bank in the United Arab Emirates, the Emirates NBD, recently announced a five year partnership agreement with Manchester United Football Club.
Macau Legend announced plans to raise USD 300 million through a share sale to redevelop the Fisherman's Wharf complex.
Criteo filed for a USD 190 million IPO in the Nasdaq Stock Market. France-based web advertising firm Criteo filed for an USD 190 million initial public offering in the US.
The Blackberry Z30 would be launched in Malaysia to compete with market leaders Apple iPhone and Samsung's Galaxy S4.
The first Gulf region company that would come out of bankruptcy places many Western courts at a quandary on Islamic finance.
