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What does a billion pounds actually buy the nation?

2015-04-16 03:18:24| BBC News | Business | UK Edition

What does a billion pounds actually buy the nation?

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Two billion adults 'still unbanked'

2015-04-15 22:00:05| BBC News | Business | UK Edition

Two billion adults have no access to banking, a World Bank report says, despite an 11% increase in the last three years.

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New Enterprise Associates Cracks $3 Billion for Latest Funds

2015-04-15 16:01:09| IT Services - Topix.net

New Enterprise Associates , one of the venture capital industry's leading fundraisers, said it closed its 15th fund at $2.8 billion, the most it has ever raised for a single pool. For the first time NEA also raised a co-investment fund of $350 million to invest alongside the main fund in growth deals.

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UPS Investing $1.06 Billion In Europe

2015-04-15 10:52:55| Air Courier - Topix.net

Popularly referred to as UPS, world's largest package delivery company United Parcel Service is in expansion mode in Europe under which it plans to invest $1.06 billion in the region. The news was officially reported by a German magazine WirtSchaftswoche in which officials of UPS have confirmed adding to the number of parcel shops and sorting facilities in the European market and Germany in particular.

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Italy's EXOR Offers $6.4 Billion for PartnerRe in Threat to AXIS Deal

2015-04-14 21:05:26| Automakers - Topix.net

EXOR SpA offered $6.4 billion for PartnerRe Ltd., seeking to break up the reinsurer's planned merger with AXIS Capital Holdings Ltd. EXOR, controlled by the Agnelli family, is offering $130 a share in cash, the company said in a statement Tuesday, or 16 percent above the implied value per share of Bermuda-based PartnerRe under the terms of the AXIS agreement. An AXIS-PartnerRe combination would create the world's fifth-biggest property and casualty reinsurer, and was announced in January , the same month that XL Group plc agreed to buy Catlin Group Ltd. for about $4 billion.

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