Aug 1, 2014 | China, East Asia, News, North America
NEW YORK, July 31 (Reuters) – Alibaba Group Holding Ltd (IPO-BABA.N) has invested $120 million in San Francisco-based mobile games studio Kabam, the latest in a string of U.S. investments intended to build up the Chinese online retailer’s presence in the...
Jul 24, 2014 | Central & Eastern Europe, News, Russia
Moscow Times July 24, 2014 One of Russia’s largest coffee shop chains, Shokoladnitsa, is near to closing a deal to buy out rival company Coffee House, Kommersant reported Thursday, citing sources close to the negotiations. Shokoladnitsa currently boasts 420...
Jul 23, 2014 | News, North America
TechCrunch July 23, 2014 Building a drone’s hardware and software from scratch is tough and expensive, but open source drone kits are inflexible. So to power businesses looking to customize drones for commercial uses from agriculture to industrial inspections, Airware...
Jul 15, 2014 | News, Western Europe
MILAN, July 15 (Reuters) – Private equity group Change Capital Partners has bought a majority stake in Italian luxury linen maker Frette for an undisclosed sum, aiming to revive sales at the brand that has kitted out royalty, top hotels and oceans liners. Change...
Jul 11, 2014 | Central & Eastern Europe, News, Russia
Moscow Times Onexim Group, owned by billionaire and Brooklyn Nets owner Mikhail Prokhorov, has bid to purchase 100 percent of shares in the influential Russian business daily Vedomosti, Russian media reported, citing sources close to the tender. Vedomosti — which is...
