Jun 27, 2013 | Central & Eastern Europe, News, Russia
SUEK, Russia’s biggest coal miner, is considering setting up its own rail freight operator, Kommersant reported Wednesday. SUEK accounts for almost 10% of Russia’s gondola car market. While it regularly needs about 40,000 gondola cars, a number comparable...
Jun 27, 2013 | News, North America, Southeast Asia
China Daily 26 June 2013 Cushman & Wakefield, a leading global real estate services company, announced on Wednesday that it has agreed to acquire Singapore-based project management specialist company Project Solution Group. The deal will raise the company’s...
Jun 27, 2013 | China, East Asia, News, Southeast Asia
The Wall Street Journal 26 June 2013 Two casino companies became the latest IPOs to fall victim to the recent stock-market rout in Asia. On Wednesday, Resorts World Manila, the Philippine casino business owned by Malaysian gambling tycoon Lim Kok Thay and Filipino...
Jun 26, 2013 | Central & Eastern Europe, News, Russia
Moscow Times President Vladimir Putin relieved state companies from making compulsory contributions to the Skolkovo University of Science and Technology, or Skoltech, endowment fund, established last year by his predecessor Dmitry Medvedev, Vedomosti reported Monday....
Jun 26, 2013 | Central & Eastern Europe, News, Russia, Western Europe
MOSCOW, June 18 (Reuters) – Russian niche coal miner Siberian Anthracite plans to list its shares in London and could raise up to $200 million, two market sources said, but it may struggle to attract investors at a challenging time for coal producers. * Plans to...
Jun 26, 2013 | News, North America
SAN FRANCISCO, June 24 The more ephemeral messages you send, the higher Snapchat climbs. Snapchat officially announced today that it’s raised a fresh $60 million in a funding round led by Institutional Venture Partners and joined by General Catalyst, SV Angel, and...