Sectors
Bloomberg report says Jack Ma, Zhang Jindong poised to shake up China's wireless market
A Bloomberg report said Jack Ma and Zhang Jindong may be allowed to create phone companies in China with the possible issuance of their licenses this month.
Carlyle Group gains paper profits on Chinese funeral firm's gain in Hong Kong trading debut
Private equity firm Carlyle Group generated paper profits on its week-long investment in Chinese funeral company Fu Shou Yuan International Group Ltd after the latter gave a strong debut in Hong Kong trading.
Activist investor Clinton Group eyes takeover of teen apparel retailer Wet Seal
Hedge fund Clinton Group in a regulatory filing on Wednesday said that it is exploring an acquisition of California-based teen apparel retailer Wet Seal. The activist investor seeks to buy out Wet Seal's equity in a privatization deal.
US travel solutions provider Amadeus accelerates hotel IT business with $500M purchase of Newmarket International
Madrid, Spain-based global travel distribution system Amadeus bought hotel IT solutions provider Newmarket International Inc for $500 million in a bid to conquer the hospitality space.




