500 Startups sets up $15M microfund to focus on Turkey

[Buzz_Burner_Fresh_Updates] 500 Startups sets up $15M microfund to focus on Turkey – vator.tv The fund will invest $50,000 to $100,000 in over 100 startups over the next few yearsLast month, early stage venture capital firm/accelerator 500 Startups revealed  that it was expanding its operations around the globe, hiring six new partners to focus on specific […]

Merkel says VW scandal has not hurt Germany's reputation as good place for business

[Buzz_Burner_Fresh_Updates] Merkel says VW scandal has not hurt Germany's reputation as good place for business – reuters.com BERLIN (Reuters) – German Chancellor Angela Merkel told a German radio station that the emissions scandal around German carmaker Volkswagen was “drastic” but the damage was not so great that Germany was no longer deemed a good place […]

Exclusive – Mondelez seeks European cheese and grocery asset sale: sources

[Buzz_Burner_Fresh_Updates] Exclusive – Mondelez seeks European cheese and grocery asset sale: sources – reuters.com LONDON/NEW YORK (Reuters) – Mondelez International Inc is exploring a sale of its European cheese and grocery business, which could be valued at around $3 billion, according to people familiar with the matter, as it sharpens its focus on snack foods […]

Income from Irish bank bailout swallowed up by debt costs + MORE

[Buzz_Burner_Fresh_Updates] Income from Irish bank bailout swallowed up by debt costs – reuters.com DUBLIN, Sept 29 (Reuters) – The income Ireland has generated from investing 67 billion euros ($75 billion) in its financial sector at the height of the banking crisis has been almost completely offset by servicing the associated debt, the state’s auditor said […]