Sectors
Blackberry shakes off Heins, raises USD1 billion via convertible notes after Fairfax deal falls
Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company
Nokia Oyj forges patent agreement with Samsung Electronics Co.
Nokia Oyj extends its existing patent agreement with the largest mobile phone maker Samsung Electronics Co.
Svelte Medical Systems raises USD22 million in funding round
Svelte Medical Systems had closed USD22 million from its latest funding round to be used for its new heart surgery products and research.
Alcatel-Lucent SA offers shares and bonds for expansion purposes
According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.
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Anadarko Petroleum Corp's divestment of its China projects may fetch USD billion, said anonymous sources.
Eight banks were identified as 'too big to fail' by the Norwegian financial regulatory authority.
With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.
PurThread Technologies, a textile company which had pioneered the technology to reduce bacteria in textile fibers, received over USD7 million in funding led by board chairman Richard Bodman.
Edmond de Rothschild raises EUR192 million or USD250 million for its BioDiscovery 4 fund. The Edmond de Rothschild Investment Partners have announced the closure of its BioDiscovery 4 Venture capital fund for European life science companies.
Viva Industrials Trust had not done well in its share sale, according to Businessweek. A report by Businessweek said Singapore business and real estate trust (REIT) had opened poorly in the Singaporean stock exchange.
The European Central Bank's bets on easing euro zone rates pushed most of its government bonds up.
US fund York Capital Management invested EUR100 million in GEK Terna, one of Greece's top construction groups.
Hookipa Biotech AG, whose Vaxwave Technology, would help in the furtherance of infectious disease control and cancer management.