Tesco Plc said that any deals that would take place in China would be funded through its new retail venture with China Resources Enterprise Ltd.
Sectors
Protein Bar receives capital investment from Catterton Partners
Protein Bar disclosed receipt of capital funding from consumer-focused private equity firm Catterton Partners.
BlueCrest hires Nomura's Kfoury
BlueCrest Capital Management hired Marcel Kfoury after the resignation of Michael Platt, said a Reuters report.
UBS AG's unit opens hedge fund to investors
UBS AG’s unit would open its first hedge fund focused on Asia later this year, according to two people who were familiar with the matter.
TCS Group announces London IPO of Tinkoff Credit Systems Bank
TCS Group Holding would be holding an IPO in London for its retail banking unit. TCS Group Holding Plc bared its plans to conduct an initial public offering in London for Tinkoff Credit Systems Bank.
Latest News
Fonciere des Regions bought a total number of 4,000 homes for EUR 351 million or USD 477 million. Paris-based Fonciere des Regions (FDR) purchased 4,000 homes in Germany for a total of EUR 351 million or USD 477 million.
According to a Reuters report, the value of bitcoins had decreased following the arrest of Silk Road, an underground website allegedly selling illegal products and services.
In documentation filed with the Company Law Board, two PE funds seek the appointment of an administrator to oversee the forensic audit for the company.
Barclays, through a statement, explained why accounts were frozen, maintaining minimum notice requirements were met in reaching out to customers.
Nykredit would be refinancing its DKK 11 billion debt through preferred stock issuance and contingent convertible debt.
General Electric Capital Corp would be divesting its stake in GE Money Bank in an IPO scheduled in the fourth quarter.
Best-selling author Tom Clancy died Tuesday in Baltimore. Author Tom Clancy died on Tuesday in Baltimore. He was 66. Clancy was best known for his military novels like "The Hunt for Red October" and "The Sum of All Fears.
Toshiba Corp chief executive Hisao Tanaka told Reuters that his company would decide on buying a major stake in UK nuclear venture NuGeneration.
A court-appointed trustee asked a bankruptcy judge to return more funds to MF Global Holdings' clients, said a Reuters report.
