Recent Posts

Apollo to buy Fresh Market for over US$1.3bn

NEW YORK / AP The Fresh Market, a grocery store chain, has agreed to be acquired by private equity firm Apollo for more than $1.3 billion. The deal, which is expected to close in the second quarter, comes after Fresh Market said in October that it was seeking to possibly sell itself. Apollo said that it is paying $28.50 for ...

Read More »

Space travel rules needed within five years to fuel tourism and transportation sector

Montreal / AFP The UN aviation agency called on Tuesday for regulations on space travel to be enacted within five years in order to bolster a burgeoning space tourism and transportation sector. The International Civil Aviation Organization (ICAO) “recognises that sub-orbital and outer space flights will foster new tourism and transport markets, and that investments in related research and development ...

Read More »

Start-up boom boosts brain gain in India

DPA The story of the computer-savvy Indians has been around for a while: India has legions of well-trained IT specialists who provide high-tech services for tiny pay to firms round the globe. Get set for another story to replace it: Many of those smart Indian software experts are now becoming their own bosses. India is experiencing an incredible start-up boom. ...

Read More »
Send this to a friend