UK: VENTURE CAPITALISTS FUNDS NEW ECONOMY

Article Abstract:

The venture capital industry continues to invest in Internet ventures despite recent turmoil in new economy stocks. Deloitte & Touche reported that 60% of venture capitalists would be increasing the size of their new economy investments over the next six months. Telecom technology companies will attract attention despite exposing investors to business-to-consumer enterprises that have fared badly. The sector has been fuelled by the demand for third generation mobile licence applications. Durlacher, the stockbroker turned Internet investor, surveyed businesses and found that half were investing in business-to-business applications.

Forecasts, trends, outlooks, Capital expenditures, Venture Capital Companies, Capital & Loanable Funds, Miscellaneous Intermediation, Investors, not elsewhere classified

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UK: ONLINE MOVES HQ

Article Abstract:

Online Finance, the automotive consumer finance group (a subsidiary of General Motors Acceptance Corporation) is to create 400 new jobs after relocating its headquarters from Walton-on-Thames ion Surrey to Treforest, near Cardiff in South Wales.

Commercial Banks, Commercial Banking, Retail Banking Services, Facilities & equipment, Retail banking, Brief Article, Buildings and facilities, Online Finance

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