The London mayor has pushed aside sentimentality for the Heathrow airport to create a new borough. London Mayor Boris Johnson is chucking sentimentality out the window when he announced the plan to transfer the historic Heathrow airport.
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Denmark Urges Banks to Ignore SME Capital Provision
Denmark advised Danish banks to disregard the European directive to reduce exposure charges The European Parliament, in an attempt to align with the Basel Committee on Banking Supervision's regulation, passed a directive that will simplify the risk calculation for small- and medium-sized business loans.
Broadwind Energy gets windfall from multi-million product order
The Illinois-based company receives an order amounting to US $87 million, which propelled its share prices.
AirTight secures US $10 million funding
AirTight Networks get US $10 million funding following a series D financing round. AirTight Networks raised US $10 million after the close of a series D financing round.
Posco backs out from project in India
The South Korean steel making company pulls out from deal to put up US $5.5 billion plant after land acquisition became difficult.
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China gets US $44.4 million funding for a housing project. Century Bridge Capital entered into a joint venture agreement with Coastal Greenland Limited after investing US $44.
Despite receiving low commendations, the film 'Grown Ups 2' scored higher than 'Pacific Rims' in the box office today.
Aston Capital forms financing to help consumers invest in LED projects. A private equity firm will provide financing solutions for Revolution Lighting Technologies customers who want to switch to LED lighting but lack the money to do so.
Caroline Kitidis, who used to work for Goldman Sachs, joins Deutsche Asset & Wealth Management. Deutsche Asset & Wealth Management today welcomed into the team Caroline Kitidis, formerly head of Americas Structured Solutions Group of Private Wealth Management.
The last remaining postal service in India finally shut down after more than a century's operation.
Forest Oil Corp would sell its oil and natural gas fields in Texas Panhandle worth US$1 billion. Forest Oil Corp intended to sell its oil and natural gas fields that could be found in Texas Panhandle.
Lowth, current CFO AstraZeneca, will leave this October to become the CFO and Executive Director of BG Group
Avis Budget Group Inc. bought Payless Car Rental for US$50 million in cash to increase its yearly generated income.
Mark43, founded by three students from Harvard, gets financial backing amounting to US $1.95 million.
