Henan Dayou Energy said the country's regulators were investigating them for disclosing information illegally.
Sectors
Accelera Innovations receives USD 200 million from Lambert Private Equity
Lambert Private Equity would be purchasing up to USD 200 million of the common stock of Accelera Innovations.
Tanzania asset sale boosts value of Ophir Energy
News about Ophir's asset sale in Tanzania caused the oil and gas explorer's shares to rise.
Marcato Capital urges Sotheby's to sell properties to free cash- report
According to a Wall Street Journal report, Marcato Capital would like Sotheby's to divest its New York and London properties.
Emirates NBD to exit from Union Properties
Emirates NBD would be exiting from its remaining 15% stake in property developer Union Properties. On Thursday, the chief financial officer of Dubai's largest bank said it would be divesting its remaining ownership in Union Properties.
Latest News
A First Tennessee Bank employee was injured in a Wednesday morning robbery. A Wednesday morning robbery at the First Tennessee Bank on East Brainerd Road injured an employee.
US-based Web lender Endurance Lending Network had consolidated with UK-based lender Funding Circle. Funding Circle, of which its platform allows peer-to-peer lending, had announced itds consolidation with Endurance Lending Network of San Francisco.
A total of USD37 million was raised by UK lender Funding Circle from investors led by Accel Partners.
Investors including FirstMark Capital, Valiant Capital Management, Andreessen Horowitz had provided Pinterest a total of USD225 million in the latter's recent financing round.
Wal-Mart said in its press conference that it would be focusing more on its e-commerce business to curtail effects of China's slowing retail market.
Virgin Records founder Sir Richard Branson recalled having great regret on selling his record company to fund his then-new Virgin Airlines venture.
Apple scored a victory against Wi-Lan on a patent infringement lawsuit. A Texas federal jury ruled that Apple did not infringe a patent from Wi-Lan Inc.
Sources told Reuters that Aptalis Pharma Inc had appointed lenders to manage its IPO. Aptalis Pharma Inc reportedly hired banks to manage its initial public offering.
Saudi Arabia borrowers hired HSBC to manage their debt and equity capital market deals. HSBC Holdings said borrowers in Saudi Arabia had obtained its banks services to manage several debt and equity capital market transactions.
