Australia’s IPO resurgence to keep bankers busy next year

Australia’s IPO resurgence to keep bankers busy next year

HONG KONG/SYDNEY, Dec 9 (Reuters) – Bankers in Australia have much to cheer this Christmas as fees from underwriting IPOs surge 10-fold this year, and many are now betting on an equally active year in 2014 as a slew of private equity exits keep the market busy....
Saudi’s Alkhabeer buys majority stake in UAE packaging firm

Saudi’s Alkhabeer buys majority stake in UAE packaging firm

DUBAI, Dec 9 (Reuters) – Alkhabeer Capital, a Saudi Arabia-based investment advisory firm, has bought a majority stake in Dubai-based packaging products company Express Group, Alkhabeer said on Monday. Alkhabeer, in which conglomerate Saudi Binladin Group is a...
Apple buys startup Topsy; gets rich Twitter data

Apple buys startup Topsy; gets rich Twitter data

SAN FRANCISCO, Dec 2 (Reuters) – Apple Inc has acquired social media search and analytics startup Topsy, an unusual purchase for a hardware-focused company that has made few forays into social networking. Apple confirmed the acquisition but would not say why it...