After British Prime Minister David Cameron's urge, Google and Microsoft vowed to fight child pornography.
Sectors
AlBaraka Bank subsidiary releases US$250 million funding
AlBaraka Turk mandated the release of a US$250 million funding. AlBaraka Turk announced that they have mandated the bank for an arrangement of a US$250 million syndicated loan.
Livewire and OnMobile agree to buyout agreement
Livewire Mobile and OnMobile Global has agreed to the buyout terms thus increasing OnMobile's presence in value adding service for mobile in the US.
Merger between two of US huge retail stores completed
Nash Finch Co. and Spartan Stores Inc enters into a merger valued at US $1.3 billion. Nash Finch Co. and Spartan Stores Inc. agreed to an all-stock business agreement which is estimated to be worth US $1.
Mercia Fund Management invests GBP150,000 in Oxford Genetics
Oxford Genetics received GBP150,000 funding from Mercia Fund Management. Mercia Fund Management, a venture capital fund manager, invested GBP150,000 in Oxford Genetics.
Latest News
Documents leaked regarding an alleged low cost smartphone by Apple. The rumor mill keeps on spinning. Yesterday, speculations about the iWatch got Apple fanatics all over the world hyped up.
The app development site of Apple was hacked today. A warning greeted the registered developers of Apple today. "Sensitive personal information was encrypted and cannot be accessed, however, we have not been able to rule out the possibility that some developers' names, mailing addresses, and/or email addresses may have been accessed," the website stated.
Ardmore Shipping Limited announced that the previously announced public offering for common shares has started.
Stocks of Microsoft plummeted as they charge on unsold Surface RT units. Shares of tech giant Microsoft dipped to unexpectedly low levels last Thursday after a lower than expected revenue showing.
Lotte Department Store was considering an IPO in Singapore worth US$1 billion. Lotte Department Store was planning of have an initial public offering in Singapore.
Sprouts Farmers Markets announced the start of its initial public offering. Sprouts Farmers Markets LLC announced the start of its initial public offering.
Althon Energy Inc said that the company has filed for a public offering worth US$345 million Althon Energy Inc announced that they have file for an initial public offering (IPO) valued at US$345 million.
The first half of the year saw investments in agri-business rise 75% in India. Investments in Indian agri-business firms rose 75% in the first half of 2013.
TPSF shareholders announced that KRR will manage US$78 worth of assets. Shareholders of PT Tiga Pilar Sejahtera Food Tbk (TPSF) announced that they have signed a definitive agreement with KKR (Kohlberg Kravis Roberts).
