Aug 16, 2013 | Central & Eastern Europe, News, North America, Russia
The Moscow Times State-owned Vnesheconombank (VEB) is planning to create a “fund of funds” to invest in small- and mid-sized Russian businesses, as part of the government’s plan to boost economic growth, VEB deputy CEO Alexander Ivanov said. VEB will...
Aug 16, 2013 | News, North America
Austin Business Journal Cloud services provider Infochimps Inc. has been acquired by a giant based in Virginia. Computer Sciences Corp. bought Austin-based Infochimps, but the company hasn’t issued an announcement. On Tuesday, Infochimps CEO Jim Kaskade posted a...
Aug 14, 2013 | China, East Asia, News, North America
The Wall Street Journal 13 August 2013 Whirlpool Corp. has agreed to buy a majority stake in Chinese home-appliances maker Hefei Rongshida Sanyo Electric Co., giving Whirlpool a set of appliance brands that span the Chinese market where it has struggled to grow. The...
Aug 14, 2013 | China, East Asia, News, North America
Wujiang, Jiangsu Province, China – August 13, 2013 – China Commercial Credit, Inc., a microcredit company providing loans and loan guarantees to small-to-medium sized enterprises, farmers and individuals, today announced the pricing of its IPO of 1,370,000...
Aug 11, 2013 | News, Southeast Asia
Reuters Northstar Group, a private equity firm owned by Indonesian investor Patrick Walujo, has led a management buyout of Singapore’s biggest property broker, ERA Singapore Pte Ltd, its second major deal in Singapore in less than a year and a sign of growing...
