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Chairman Of The Interim Afghan Government Hamid Karzai Pakistani President Perv

Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Project Secured $200 Milion Investment from Shareholders

Turkmenistan-South Asia natural gas pipeline project has secured $200 million of investment from its shareholders. The project, developed by the Asian Development Bank, will now begin important studies to determine the projects detailed costs, routes, and other environmental as well as social factors.

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Bitcoin Value Soars And Drops

Caribbean Bitcoin Firm Secured Strategic Investment from Overstock.com

Overstock.com is making a strategic investment in Caribbean digital currency firm Bitt. The $4 million in Series A will be allocated to improve Bitt’s software as well as expanding its operation across other Caribbean countries.

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Fiorelli

Synova Capital Sold UK Handbag Maker TLG Brands to Hong Kong's Global Brands Group

Synova Capital has sold its UK fashion accessories brand TLG Brands to Hong Kong’s Global Brands Group. Under Synova’s ownership, TLG Brands has been seeing strong growth and more presence in international as well as online markets.

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Kei Nishikori Renews Contract With Nissin

Nissin Made a Takeover Approach to Premier Foods, Buying 17 Percent Stake in The Company

Nissin has made its takeover approach to Premier Foods by buying 17.3 percent stake in the company. The deal made Nissin Premier Foods’ largest stakeholder, but the company must agree to not make a takeover bid to Premier Foods in at least six months.

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India's Emerging Middle Class

CarDekho's Parent Girnar Software Secured New Funding Round Led by Google Capital, Aims to Expand Services

CarDekho.com and CarBay.com's parent company Girnar Software has received a late-stage funding round led by Google Capital. The new fund will be allocated to further improve the company's car portals' technology as well as expanding services.

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Aurora Flight Sciences' LightningStrike VTOL Plane

Aurora Flight Sciences Develops Vertical Takeoff X-plane with Defense Agency and Investment Firm

Aurora Flight Sciences has been awarded a $89 million worth contract with a defense agency DARPA. The company is developing new design and technology that could enable its X-plane to do a vertical take-off, as well as hover and fly forward efficiently, potentially revolutionizing the military and commercial aviation sector.

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Avon Products Inc. Chief Executive Officer Sherilyn McCoy Interview

Avon plans to shift headquarters, cut jobs

New York-based Avon Products Inc is shifting its headquarters to the UK. It's also in the process of reducing headcount by about 2,500 and investing in technology and innovation to enhance sales volume.

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Construction Boom Continues In Singapore Despite Asia's Recent Downturn

Australian Tech Firms Are Heading Toward Singapore Industry

Australian tech companies are heading to Singapore to support their businesses. Some tech companies are expecting Singapore to be one of the startups landing pads established by the Australian government to help companies access the global business network.

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2007 Xian Autumn Real Estate Trade Fair

China's Real Estate Sector Contributes to The Country's Economy Amid Weak Exports and Economic Slowdown

China’s property market keeps on growing even amid the country’s economic slowdown and weak exports. The surge in the real estate sector is contributing positively to the country’s economy as a new economic driver.

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General Motors Expected To File Paperwork For IPO

General Motors Acquired Silicon Valley-based Cruise Automation, Aims to Integrate Autonomous Cars Software to Manufacturing

General Motors is moving forward to compete in the autonomous car markets. The giant automaker has acquired a driverless cars software maker, Cruise Automation, for reportedly more than $1 billion.

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Community

Silicon Valley Accelerator 500 Startups Allocated $10 Million Fund for Vietnam Startups

500 Startups is seeing a great potential in Vietnam, where more than half of its population are below the age of 30 and most adults are using smartphones. The Silicon Valley-based accelerator is preparing a $10 million investment fund dedicated for Vietnam startups.

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Utah Software Engineer Mints Physical Bitcoins

Bitcoin Investment Startup Keza Announced Its iOS App Launch

Bitcoin investment startup Keza announced its iOS app launch, bringing the benefits of investing to more people regardless of their location. The service make use of the universality of Bitcoin to allow people make investments in global portfolios with various options.

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Director of Advanced Research Projects Agency-Energy

Department of Energy's ARPA-E Program Announced a Total of $1.3 Billion in Grants in Five Years

During five years, the Department of Energy’s ARPA-E program has invested in hundreds of projects for a total of $1.3 billion. The agency is still pushing forward to improve its funding system to help more projects commercialize its technologies.

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Sacramento Kings v Phoenix Suns

The Sacramento Kings Collaborates with Local Investment Firm to Host NBA's First Tech Startup Contest

The Sacramento Kings announced a tech startup contest for local entrepreneurs. Supported by local investment firm Velocity Venture Capital, finalists will get an opportunity to pitch their ideas to judges and a chance to win a cash prize and consultation sessions with the Kings executives.

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SAFRICA-ENERGY-ESKOM

Eskom to Receive Last Payment of 5 Billion Rand Bailout By Next Week

Next week, Eskom will be paid the remaining balance from the bailout. Eskom CE Brian Molefe expressed frustration to learn that Finance Minister Pravin Gordhan announced that the funds will be withheld. Treasury informed that the fund will be transferred and is already being processed.

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