Ineos Plans to Relocate HQ to England this 2016
After moving its headquarter for six years in Swiss, the petrochemical giant sets to return home. Founder and CEO Jim Ratcliffe planned to relocate its headquarter back to England.
Mar 29, 2016 09:29 AM EDT
Macquarie Led Group Wins Approval From Louisiana Acquiring Cleco For $3.4 Billion
A group of investors led by Macquarie has reached an agreement with utility company Cleco to acquire the latter for $3.4 billion during October 2014. The acquisition proposal has previously been rejected by Louisiana PSC last month due to absence of best interest offerings to the Cleco customers. However, the deal has been approved on Monday following revised commitments from both the parties.
Mar 29, 2016 09:27 AM EDT
Gobi Partners and Malaysia Venture Capital to invest in Southeast Asia tech start-ups
Gobi Partners along with Malaysia Venture Capital has created a $14.5 million investment pool to focus on tech start-ups in the Southeast Asian region.
Mar 29, 2016 09:22 AM EDT
Another Canadian Startup Introduced Smart Shirt With Built-in Sensor
Smart shirt has been a new frontier in the wearable tech. Another Canadian startup company Hexoskin introduced its Hexoskin Smart product as another smart shirt.
Mar 29, 2016 09:21 AM EDT
Philippine Business Group Ayala Intends To Manufacture Local Car Brand With Spare Parts
Ayala Corporation, the largest business group by assets in the Philippines has already acquired certain stake in the automotive industry through IMI. Now, the conglomerate eyes to expand its dominance over the industry in line with a comprehensive program naming CARS. With support from the program, Ayala will go for manufacturing local car brand along with spare parts production facility.
Mar 29, 2016 09:20 AM EDT
Companies in UK Only Show Little Concern Over Brexit
As the country divided in the Brexit issue, British companies showed a little concern regarding Brexit. They considered Brexit do not affect their business activity.
Mar 29, 2016 09:14 AM EDT
Asia-based apps boost online shopping sector
Online shopping is made easy with the advent of smartphones, creating a new era for online sellers. Online marketing sector has gained from many e-commerce apps over the recent period.
Mar 29, 2016 09:10 AM EDT
Korean Venture Capital Firms Gaze at Overseas Biotech Companies
South Korean venture capital firms are eyeing overseas biotech industry to accelerate investment goals. At the sametime, tech startups in Korea also began to flourish.
Mar 14, 2016 10:41 AM EDT
Venture Capital Funding for Fintech Startup Reached $13.8 Billion in 2015
Global venture capital funding for financial technology companies hit $13.8 billion last year. The number is a double from previous year, indicating a serious impact of fintech to the financial services.
Mar 14, 2016 10:38 AM EDT
Bank of Japan To Stick In Negative Interest Rate Policy, Reversion Likely In April
Through a surprise move, Bank of Japan has adopted negative interest rate aiming to force the banks in investment. Meanwhile, the negative economic outlook has compelled the commercial banks to squeeze their investment portfolios while diminishing the BOJ move. Analysts have forecast for unchanged monetary policy in Tuesday’s meeting while predicting for a major change in April.
Mar 14, 2016 10:35 AM EDT
Oil prices retreat as Iran refuses to freeze output
Oil prices might have propelled above $40 a barrel level in the past week as Iran was expected to join other producers to freeze its oil output. However, Iran wants to help its ailing economy, regardless of the oversupply.
Mar 14, 2016 10:24 AM EDT
Indiegogo Launched Year-Long Initiative to Support More Female-Led Campaigns, Supported by Dell, Girls In Tech, and More
Indiegogo launched a year-long initiative to help give more support to female-led campaigns. Inspired by women entrepreneurs, the crowdfunding platform plans to host events and consultations for female-led campaigns, supported by other organizations.
Mar 09, 2016 09:20 AM EST