Venture cap fund-raising hits 7-year low (at MarketWatch)
SAN FRANCISCO -- Venture capital firms saw their fund-raising activity dry up significantly in the second quarter, according to new data released on Monday. us.rd.yahoo.com |
Economic revival faces long road: Fed chief
The United States faces a long road to get back to good economic health, Federal Reserve chairman Ben Bernanke said Monday. cbc.ca |
VENTURE CAPITAL-U.S. firms struggling to raise funds (at Reuters)
Aug 26 - A confluence of factors, including poor returns and limited partner investors still smarting from the financial crisis, has made it increasingly difficult for venture capital firms to raise new funds. us.rd.yahoo.com |
China 'could be a charity superpower'
CHINESE millionaire to give more than $747 million to charity when he dies, following in Bill Gates and Warren Buffett's footsteps. news.com.au |
Australian dollar hits record high
AUSTRALIAN dollar climbs to 99.29 US cents in European trading, its highest point since being floated on foreign exchange markets. news.com.au |