Global Investments completes US$1.7 billion restructuring plan

Kuwait's Global Investment House proudly announced the completion of their restructuring plan tagged at US$1.7 billion.


FMC buys Epax

FMC Corp said that they are set to acquire Epax, a Norwegian supplier for Omega 3 fatty acids. FMC Corp (FMC) announced that they have agreed to buy the Norwegian supplier for Omega 3 fatty acids, Epax.

A product-centered review for Apple's June quarter results from analysts

Several analysts gave product-centered comments of Apple's June quarter results. The results of Apple's June quarter were out. Let's see what analysts have to say regarding the report.

Samsung kills Imagination

Samsung contracted a different graphics processing unit company for its new Exynos 5 Octa chip. South Korean electronics giant Samsung Electronics announced today that it will be using a new graphics system with its release of the Exynos 5 Octa chip.


Latest News

Michigan Pre-Seed Capital Fund has invested a total of $1.5 million to 6 start-ups in Michigan. The Michigan Pre-Seed Capital Fund had given funding to 6 companies in Michigan totaling $1.
UK Asset Resolution, dubbed as Britain's "bad bank" has agreed to sell the Northern Rock loan portfolio for US$615 million.
In Series B funding, iRule has received $100,000 in funds from IncWell. IncWell LP, a private venture capital company, had invested $100,000 in iRule in Series B funding.
The Renewables Infrastructure Group Ltd. raised US$460million or GBP300 million in concluded IPO. The Renewables Infrastructure Group Ltd. (TRIG), announced that they were able to raise GBP300 million or US$460million.
Sanofi India Ltd. and the Carlyle Group are in separate negotiations for the purchase of Elder Pharmaceuticals Ltd domestic drug formulations business.
Apple's rebirth was expected to begin later this year amidst the growing worries of shareholders who were all anticipating for a boost.
According to analysts, Apple and Samsung might strike a deal to stop the ongoing smartphone patent wars between the two tech titans.
A fire broke in one of Samsung's plants today. As if bad home market satisfaction weren't troubling enough for the Korean smartphone makers, a fire broke out at one of Samsung Electronics' plants in South Korea today.
Analysts commented on their take on Apple's June quarter results. Apple revealed its results for the June quarter. Traders were pleased with the report even though the result was mixed.
Apple and Google's effect on PC industry would result to investors' reassessment of their investments on Intel and Microsoft.