Thursday - Jun 29, 2017

Business Insider

Buzzfeed raises another $50 million to take their news service to the next step

Buzzfeed raises another $50 million to take their news service to the next step

BuzzFeed the New York City-based media and technology, entertainment website, has announced that they have succeeded in conscripting an additional $50 million investment from Andreessen Horowitz, one of the most dynamic venture capital firms, operating out of Silicon Valley, on the West Coast of America. According to industry estimates this latest round of investment values


As expected Argentina defaults on their debt

As expected Argentina defaults on their debt

As had been broadly forecast, Argentina has announced their intentions to default on its sovereign debt after frantic last-minute talks between the Argentinian government and their creditors failed to arrive at a compromise situation. This is the second time in the South American country’s history that they have failed to meet their financial obligations, with


Klépierre to take over Corio in European mall push

Klépierre to take over Corio in European mall push

French based commercial property giants Klépierre have announced that they are to acquire Corio, the largest listed property company in Holland, as they continue their drive to create Europe’s largest retail mall operator. According to reports Klépierre have offered 1.14 of their shares for single share in Corio. Shareholders in Corio, which has a market

India’s Tata group aims to get into the big league- and has a $35 billion global expansion plan to prove it

India’s Tata group aims to get into the big league- and has a $35 billion global expansion plan to prove it

The Tata Group, India’s largest conglomerate in terms of revenue, has recently unveiled their ambitious plans which will enable the group to become among the world’s leading businesses within the next 10 years. In order to do so, Tata plan to invest around $35 billion within the next three years in a planned programme of


Facebook continues to run up record profits thanks once again to strong mobile ad growth

Facebook continues to run up record profits thanks once again to strong mobile ad growth

Social networking giant Facebook, recently announced another round of tremendous profitability, with their second quarter profit for 2014, up by more than 100% from the same period last year, with turnover jumping by 61% to $2.91 billion from $1.81 billion in the same quarter last year, driven by unrelenting growth in mobile advertising. For the