Emerging markets fall short, China stumbles

Emerging markets, including China, South Africa and Turkey, fell 10% from this year's peak. (Photo : Reuters)Kit Digital Inc's former chief executive significantly lowered the price he was willing to pay to buy the video technology provider, citing the company's worsening liquidity and capital structure issues.


S&P Upgrades US outlook and credit rating

S&P, who lowered the credit rating of the US from 'AAA' to 'AA' has improved its outlook from negative to stable in its latest review.

Travelers expands coverage with Canadian firm acquisition

Travelers Cos. buys Dominion of Canada General Insurance Company with $1.1 billion, increasing the company's international reach.

Shortlist of Bidders for Water Management Projects in Thailand

Thailand provides a short list of bidders for water management projects after experiencing huge damage from the worst flood incident in the country in 70 years.


Latest News

Agilitas, a Pan-European private equity firm, opts to buyout ISS Damage Control management. Agilitas, a Pan-European private equity firm decide to buyout the management of ISS Damage Control from ISS Group.
Veolia Environment struck a deal to acquire Spanish Proactive Medio Ambiente. Veolia Environment SA acquired Spanish waste-management company Proactiva Medio Ambiente after Barcelona-based Fomento de Construcciones & Contratas SA agreed to sell its stake to the French waste utility.
The Swiss Market Index climbed as Novartis advanced studies on multiple sclerosis while Roche releases arthritis drug.
Battery producer Exide Technology files for Chapter 11 bankruptcy after losing against competition. Global battery producer Exide Technologies filed for bankruptcy after it faced $31 million in interest payments in August and losing against rivals.
UK-based private equity house WestBridge Capital appoints Pascal Wittlet as senior investment manager and relocates new offices in London to accommodate growing team.
Softbank's SB Energy and Mitsui & Co. partner with Green Power Investment Corp. to create a wind farm in Western Japan.
AirAsia Bhd.'s and ANA Holdings Inc.'s tieup may soon dissolve. (Photo : Reuters)AirAsia is completing its deal to buy up to 100 jets from Airbus.
Cinven and Finmeccanica draws offers for Avio Spazio from French German consortium EADS and French goups Safran and Thales along with two other unidentified US and Germany operators.
Eighties software giant Manman's founder managed to raise $33 million for her new company, Kenandy.
As the London housing prices increases to a capital average of more than GBP500000, more households are rising to become renters.