Bain capital’s accounting software firm MYOB is set to launch a $2.8 billion IPO, which will also be the largest float of the year. The US-based private equity firm is looking to raise around $700 million to $800 million through the IPO which will debut at the end of April in the stock exchange....

Pepsi has outranked Diet Coke to get the much-coveted no.2 position in the beverages market share in America, according to an annual report by Beverage Digest. The country bough less soda for the tenth straight year in 2014, with diet sodas shrinking more than their sugary counterparts. The...

Australian telecommunications and IT company TPG Telecom has announced that it will acquire Perth-based Internet service provider and fixed-line telecommunications company iiNet in a move that will make the combined strength of the two companies the second largest fixed-line telecommunications...

Anglo-Dutch oil company Royal Dutch Shell has completed the sale of mineral rights in the Niger Delta to Nigerian company Aiteo Eastern E & P Co. for $ 1.7 billion, reports Bloomberg. Shell is reviewing its asset portfolio in Nigeria. In a statement, the company says that the government is...

Business output of Eurozone climbed for consecutive four months and attained new heights since May 2011. Eurozone businesses soared in March and hit the 46 month high record. This ramp up took place just when the European Central Bank started printing currencies to stimulate growth and inflation....

A platform for promotion of small and medium-sized businesses in the Internet Solomoto sold its 25% stake in to a number of investment funds for $ 10.8 million. The company plans to spend the money on international expansion. Founded by Pavel Romanovsky, co-owner of Socialist Media, the online...

Obama administration has set new standards of regulation for hydraulic fracturing oil & gas sector. Obama’s new set of rules for fracking operations on federal as well as Indian lands caught up in the middle of controversies. Hydraulic fracturing is a method of forcing water, sand and also...

The market for renewable energy projects have a financing method in the form of green bonds. With the green bonds market coming of age, its growing usage, as a method of financing renewable energy projects, has now gone mainstream. Barely on the horizon three years ago, Green Bonds was just...

Careful analyses has led JetBlue to better manage its water requirements and thus increase its conservational efforts as well as its profitability. By monetizing the value of clean beaches and by its various global partnership JetBlue has ensured a sustainable growth for the tourism industry. In...