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The ING European Infrastructure Fund opens for investment

The ING European Infrastructure Fund opens for investment

   ING Real Estate announced today the launch of the ING European Infrastructure Fund. Open to institutions with a minimum of EUR10m to invest, the EUR 1 billion fund is targeting a balanced portfolio of European assets, with an IRR of at least 10%.

Posted : Thu, May 15, 2008

Category : World-Business / Business-Finance News

UNICEF Concerned About Emotional Distress of Children in Myanmar

UNICEF Concerned About Emotional Distress of Children in Myanmar

   Child-friendly spaces set up in camps sheltering people affected by Cyclone Nargis.

Posted : Tue, May 13, 2008

Category : World-Business / World News

JPMorgan Tax Aware Real Return Fund Reaches $1 Billion in Assets

JPMorgan Tax Aware Real Return Fund Reaches $1 Billion in Assets

   JPMorgan Asset Management today noted that its JPMorgan Tax Aware Real Return Fund (TXRAX) reached $1 billion in assets under management.

Posted : Tue, May 06, 2008

Category : World-Business / Business-Finance News

Rotary Clubs Always Pumped for World Water Day

Rotary Clubs Always Pumped for World Water Day

   otary International's coordinator for water and sanitation projects, F. Ronald Denham, estimates Rotary clubs are involved in at least 6,000 projects in scores of countries.

Posted : Sat, Mar 22, 2008

Category : World-Business / World News

UNICEF supplies two million yellow fever vaccinations for Paraguay

UNICEF supplies two million yellow fever vaccinations for Paraguay

   UNICEF supplied two million anti-yellow fever vaccinations in response to an emergency declared by the Government of Paraguay following an outbreak of yellow fever cases. Approximately 750,000 people have been immunized so far.

Posted : Thu, Feb 28, 2008

Category : Technology / Industry News

Quaris Secures $7.1 Million in Series A Funding

Quaris Secures $7.1 Million in Series A Funding

   Funds to Accelerate Development of On-Demand Business Intelligence Service and Increase Headcount.

Posted : Wed, Jan 09, 2008

Category : World-Business / Business-Finance News

Citibank Online Investments Adds Offshore Money Market Fund Capabilities in Europe

Citibank Online Investments Adds Offshore Money Market Fund Capabilities in Europe

   Citi Markets & Banking has announced the addition of Offshore Money Market Mutual funds from nine fund managers to its award winning Citibank Online Investments portal in Europe.

Posted : Thu, Sep 20, 2007

Category : World-Business / Business-Finance News

IFC and State Bank of Pakistan to Build Expertise in Housing Finance

IFC and State Bank of Pakistan to Build Expertise in Housing Finance

   IFC, a member of the World Bank Group, and the State Bank of Pakistan, formally launched a housing finance training program in Pakistan last week. The meeting was attended by senior executives from over 30 financial institutions in the country.

Posted : Wed, Sep 19, 2007

Category : World-Business / Business-Finance News

Mozilla Launches Internet Mail and Communications Initiative

Mozilla Launches Internet Mail and Communications Initiative

   Mozilla today announced a new initiative to stimulate innovation in Internet mail and communications.

Posted : Tue, Sep 18, 2007

Category : Technology / Internet News

GENIVAR Income Fund Announces $54 Million Equity Financing

GENIVAR Income Fund Announces $54 Million Equity Financing

   GENIVAR Income Fund today announced that it has agreed to issue 1,902,439 trust units from treasury of the Fund on a bought deal basis to a syndicate of underwriters.

Posted : Fri, Aug 24, 2007

Category : World-Business / Business-Finance News

Goldman Sachs and Various Investors Including C.V. Starr and Co., Inc., Perry Capital LLC and Eli Broad Invest $3 Billion in Global Equity Opportunities Fund

Goldman Sachs and Various Investors Including C.V. Starr and Co., Inc., Perry Capital LLC and Eli Broad Invest $3 Billion in Global Equity Opportunities Fund

   The Goldman Sachs Group, Inc. (NYSE: GS) today made the following statement: Many funds employing quantitative strategies are currently under pressure as recent conditions have resulted in significant market dislocation. Across most sectors, there has been an increase in overlapping trades, a surge in volatility and an increase in correlations.

Posted : Mon, Aug 13, 2007

Category : World-Business / Business-Finance News

Citi and Obopay Deliver First Mobile Payment Service to Consumers

Citi and Obopay Deliver First Mobile Payment Service to Consumers

   Citi today announced that it will begin piloting a new mobile peer to peer payment service with leading mobile payments provider Obopay.

Posted : Thu, Jul 26, 2007

Category : World-Business / Business-Finance News

adap.tv Secures $10 Million in Series A Funding Led by Redpoint Ventures and Gemini Israel Funds

adap.tv Secures $10 Million in Series A Funding Led by Redpoint Ventures and Gemini Israel Funds

   adap.tv, a unique online video advertising platform that allows publishers and advertisers to match relevant advertising with online video content, today announced that it has closed a Series A funding round of $10 million.

Posted : Thu, Jul 12, 2007

Category : Technology / Internet News

CircleUp Announces $3 Million Series A Financing

CircleUp Announces $3 Million Series A Financing

   CircleUp, Inc. today announced that it has raised a $3 million Series A financing led by Sid R. Bass Associates, a $300 million venture capital fund focused on early and late stage technology investing.

Posted : Tue, Jun 26, 2007

Category : World-Business / Business-Finance News

CERN Announces world's most powerful particle accelerator

CERN Announces world's most powerful particle accelerator

   A low-energy run originally scheduled for this year has been dropped as the result of a number of minor delays accumulated over the final months of LHC installation and commissioning, coupled with the failure in March of a pressure test in one of the machine's components.

Posted : Mon, Jun 25, 2007

Category : Science / General-Sciences News

IFC Support to Credit Europe Bank, Romania, Will Benefit Smaller Businesses

IFC Support to Credit Europe Bank, Romania, Will Benefit Smaller Businesses

   IFC, the private sector arm of the World Bank Group, will provide a seven-year loan to Romania's Credit Europe Bank to support the bank's expansion into small and medium enterprises and strengthen its balance sheet by providing local currency funding with a longer tenor than currently available in the local market.

Posted : Wed, Jun 20, 2007

Category : World-Business / Business-Finance News

Blackstone and Management Team to Acquire Intelenet in MBO Structure

Blackstone and Management Team to Acquire Intelenet in MBO Structure

   Intelenet Global Services Pvt Ltd (Intelenet) has agreed to be acquired by an affiliate of The Blackstone Group and the management team, subject to regulatory approval.

Posted : Mon, Jun 18, 2007

Category : World-Business / Business-Finance News

Luminescent Secures $9 Million in New Financing Round

Luminescent Secures $9 Million in New Financing Round

   Luminescent Technologies, Inc., a provider of lithography-enhancement products to the global semiconductor industry, today announced that it has raised $9 Million in a new financing round.

Posted : Thu, Jun 14, 2007

Category : World-Business / Business-Finance News

SnapLogic receives $2.5 million investment from Dhillon Capital

SnapLogic receives $2.5 million investment from Dhillon Capital

   The funds from this round of financing will be used to support further development of the Open Source project, promote community awareness and developer contributions and accelerate end-user adoption.

Posted : Tue, May 22, 2007

Category : World-Business / Business-Finance News

Mig33 Closes $10 Million Series A Round

Mig33 Closes $10 Million Series A Round

   Mig33, the global mobile Internet community, today announced that parent company, Project Goth, has closed a Series A funding round of $10 million co-led by Accel Partners and Redpoint Ventures, with substantial contribution from Technology Venture

Posted : Mon, May 07, 2007

Category : World-Business / Business-Finance News
 
 
 
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