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New funds: Nov 23

●Earth Capital Partners is launching the ECP Renewable Energy Fund to invest in solar, biogas and biomass projects,

AOL

A business cannot be anaesthetised, so in cases of corporate gangrene it is best to cut quickly and decisively. Thursday's

AOL to slash workforce by a third

AOLon Thursday said it would cut a third of its global workforce, or about 2,500 jobs, in an effort to save $300m

Matalan draws buy-out groups

Five heavyweight private equity groups are among the first-round bidders for Matalan, the privately owned discount clothing

All sitting comfortably?

...such as "deliverables", "closing the deal" and "quarterly reporting", the last of those referring to Room to Read's policy of publishing targets - number of libraries to be built, scholarships to be funded - and regularly informing donors ("investors") of the...

Gartmore to cut debt with £250m IPO

Gartmore, the asset management group, is to float on the London Stock Exchange, raising at least £250m by issuing new shares

Rio Tinto bolstered by US coal sale

Rio Tinto, the global mining company that faced a huge debt burden a year ago, continued its recapitalisation drive as it

Apollo sets sights on NYSE listing

Apollo Management, the big private equity firm headed by former Drexel Burnham Lambert executive Leon Black, is planning to

Bain to buy Citi stake in Bellsystem24

Citigroup said on Sunday it had agreed to sell its stake in Bellsystem24, a Japanese telemarketing company, to Bain Capital

US probes safety of energy drinks

US regulators are launching an investigation into the health effects of popular energy drinks that combine both caffeine and

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