A private equity fund, Dyal Capital Partners incorporated to take stakes in existing hedge fund firms and managed to raise fund amounting to $1.28 billion, which shows although the market performance is not so good till there is a demand…
Despite newspapers headlines promising cashless future soon, the banknote industry is doing well and still has potential. This is why one of the leading industry players, Oberthur Fiduciaire, aims to grow and recently received a good opportunity to reach new…
International Business Machines Corp. said on March 2011 it had settled with U.S regulators. The company is alleged of offering bribes to Chinese and South Korean officials to win the Government contracts of $ 54 million. The deal has not…
The most expensive burger of the world according to Guinness Books of Records which cost $205 now can be made by free restaurants. The profit so earned by selling the burger “The Burger Extravagant” will be donated to charity. McDonald’s…
Yongye International, a Chinese fertiliser maker fails to build its repo again in the market even by a buyout offer from Morgan Stanley. The company in order to raise its public confidence manipulated some accounting standards. Morgan Stanley and its…
