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Yahoo ‘set to invest millions’ in Snapchat

October 6th, 2014 (0)
Yahoo is close to investing millions of dollars in mobile messaging service Snapchat, which may value the start-up at about $10bn (£6.2bn), reports say. Snapchat allows users to send images and videos that “disappear” seconds after being viewed. The ...

Brokers Battle Deutsche Bank Over Selling In-House Products

September 9th, 2014 (0)
Since the market collapse of 2008, scrutiny has intensified on the way large banks and securities firms treat their brokerage customers, particularly when it comes to steering them into the firms’ own products. One possibility raised in the 2010 ...

‘Crop tourists’ predict record corn and soyabean harvests

August 29th, 2014 (0)
Every August, travellers with a high tolerance for monotony flock to the two-lane highways of the rural US Midwest. Tracing 1,000-mile routes across corn and soyabean fields, these participants in annual “crop tours” stop to measure ears, count bean ...

Kleiner to invest in Snapchat at near-$10 billion valuation

August 27th, 2014 (0)
Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter. The ...

Abe finding it hard to get his way on defence

August 19th, 2014 (0)
On 1 July, Japan’s Prime Minister Shinzo Abe announced a decision to broaden the interpretation of the Japanese Constitution to enable Japan to exercise its right to collective self-defence. But to what extent will the Japan Self-Defense Forces (SDF) ...

Alibaba in Talks to Invest in Snapchat

July 31st, 2014 (2)
Snapchat Inc. has held preliminary talks with Chinese e-commerce giant Alibaba Group Holdings Ltd. to raise a new round of financing that could value the mobile-messaging startup at about $10 billion, according to people familiar with the matter. The ...

Australia 200 – Surges Through 5600 to New High

July 31st, 2014 (0)
Australia 200 for Thursday, July 31, 2014 The Australia 200 Index is presently on quite a roll as it has enjoyed a solid three week period which has seen it move strongly up through both the 5500 and 5550 ...

Technical Analysis AUD/USD – Drops to Seven Week Low Near 0.9300

July 31st, 2014 (0)
Technical Analysis AUD/USD for Thursday, July 31, 2014 The Australian dollar is presently trying to rally and stay above the support level at 0.9300 after its sharp fall in recent hours which saw it move from near 0.9400 down ...

Flipkart Indian e-commerce, raises $1 Billion

July 29th, 2014 (0)
India’s largest e-commerce firm, Flipkart, has confirmed that it managed to raise $1 billion in its latest round of fund-raising, thus becoming by far the largest venture investment ever received by an Indian Internet company. Globally, the amount raised would ...

Alibaba’s Behemoth IPO Making Few Ripples in Washington

July 11th, 2014 (0)
Alibaba Group Holding Ltd. (BABA)’s proposal for what could be the largest initial stock offering in U.S. history is sailing through Washington with few bumps. While a federal commission has warned that the offering by the world’s biggest Internet ...
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