Bahrain-based Investcorp Bank BSC has acquired hedge fund business from SSARIS Advisors LLC. The acquisition of hedge fund from the fund business of the US company will enhance product range of Bahrain's bank as the business is expected to add $800 million in discretionary and advisory assets to Investcorp Bank.
United States
Volkswagen pacifying angry US customers with gifts
German automobile giant Volkswagen is changing gears to lead the organization on damage control path to appease its angry customers. The image of Volkswagen has severely been damaged on the fallout of its attempt to cheat customers and the US government over emission standards.
Retailers bracing up for big holiday season; hiring in full swing
US retailers have started flexing their muscles to meet the buying demand during the forthcoming holiday season. Retailers such as Amazon have started hiring in number running over thousands.
China’s Anbang insurance to acquire US insurer Fidelity & Guaranty Life in a $1.6 B deal
Anbang Insurance Group Co. Ltd., a China-based leading global insurance group, has agreed to buy U.S. annuities and life insurance provider Fidelity & Guaranty Life (FGL) for about $1.57 billion in cash.
Blackberry returns with PRIV- the most secured Android smartphone?
Blackberry, a global leader in mobile communications, confirmed that its first ever smartphone powered by Android PRIV is now commercially available at AT&T retailers in North America including carrier partners in Canada i.e. Bell, Rogers, SeskTel, Tellus and Wind.
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New World Wealth (NWW), a South Africa-based market research consultancy, released the lists of wealthiest countries, ranked by using its own new method.
Messaging app Snapchat announced it is generating 6 billion video views every day. The number is three times the number of daily views in May.
It is a well-known fact that interest continuously accumulate on your credit card amount with time, raising the loan you owe to the credit card company. Consumers have a solution to this problem in order to maintain a good credit score and to avoid the burden of debt entirely. What they only have to do is use their credit card wisely and follow some simple rules.
Opera's new data-management app will be pre-installed into phones from 14 OEMs, the company announced November 8. According to Tech Crunch, the new Opera Max will be integrated to 100 million Android phones by 2017, including Samsung, Xiaomi, Acer, TWZ, and Hisense.
Apple is continuously adding incredible features and apps for easy consumer use. It considered the needs of online shoppers to carry out an effortless and convenient process of buying.
Journalists have voted the 2016 Mazda MX-5 as the star of the show during the current Miami auto show. Forbes has reported that the new car is the "perfect car." A Forbes correspondent describes the car as diminutive, and says that its purity makes it perfect.
Google acquired New York City-based Fly Labs, the photo and video editing software company responsible for apps like Flt, Tempo, Crop, and Clips in the iOS App Store. Google seeks to provide better video and photo editing features for its users through the acquisition of the small app maker company, according to Information Week.
Toyota decides to drop Takata as their airbag supplier last week. Previously, other automakers have ditched Takata as their airbag suppliers as well. This gives a devastating blow to Takata, whose shares drop 25% after series of incidents related to airbags defect.
Samsung Galaxy Note 5 is the top-notch phablet made by the Korean electronic giant. Its extra large screen and specifications make it the choice of professionals. Let us meet the product, and how its performs according to three respected reviewers.
