Global accounting companies EY, KPMG, Deloitte and PwC warned that some multinationals may quit the city if democracy activists disrupt business with protests
2014-06-27
Global alternative investment firm Ardian, previously AXA Private Equity, has signed a binding agreement to acquire Italian specialty chemicals manufacturer Italmatch Chemicals from Euro-Asia private equity firm Mandarin Capital Partners and the Malacalza Family, according to an announcement made by Ardian. Specific terms were not disclosed, but the senior management of Italmatch will retain a […]
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2014-06-27
Chinese Internet giant Alibaba Group plans to list on the New York Stock Exchange with the ticker symbol "BABA", according to an updated securities filing with the U.S. Securities and Exchange Commission submitted on June 26. Alibaba is expected to IPO in the U.S. around early August. U.S. investment advisory firm Morningstar estimates that Alibaba […]
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2014-06-27
Xiamen city, Fujian province-based Chinese Internet finance firm Shicaidai.com has received US$16 million series A financing from Ruo Shui He Tou, a Chinese venture organization, according to Chinese media reports. The investment is part of a strategic partnership being established between the two entities. Founded in 2014, Shicaidai.com provides P2B (person-to-business) Internet financial products including […]
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2014-06-27
Euro-Asia private equity firm A CAPITAL has invested US$6.81 million in Paris-headquartered VIADEO SA, hoping to help expand and strengthen its market position in China and other emerging markets, according to a company announcement. As part of the deal, A Capital has joined VIADEO's board. VIADEO is the number one professional social network in France […]
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2014-06-27
Chinese workers trapped behind battle lines in northern Iraq begin making their way to Baghdad after earlier abortive attempts to leave Samarra
2014-06-27
Though the European Commission presidency is an important job, proposing new legislation is something of a luxury for Europe these days. Rather than contemplating new directives on the desirable characteristics of, say, lawnmowers sold in the EU, Europe’s leaders must complete three urgent and interlinked tasks.