Intel Capital is the first Silicon Valley investor to launch an office in Turkey's largest city, Istanbul, reports Financial News. Intel Capital is an American multinational company that makes investments in innovative technology start-ups as well as in firms offering hardware, software and services. The company has been investing in Turkey since 2005 and sees that the country has large potential as it has many technology innovators and entrepreneurs. Intel Capital most recent investments in Turkey are to Turkish companies Nokta and Grupanya.

 ScienceDaily (June 5, 2012) — Sierra Nevada Corporation (SNC) Space Systems' Dream Chaser design passed one of its most complex tests to date with a successful captive-carry test conducted near the Rocky Mountain Metropolitan Airport in Jefferson County, Colo., on May 29. Just like the space shuttle before it, SNC's Dream Chaser will go through extensive testing to prove its wings will work. The company built a full-scale flight vehicle of the Dream Chaser spacecraft to carry out the evaluations.

 If you had to pick a company as a metaphor for the key themes of this year’s World Economic Forum, you’d be pressed to find a better example than Turkey’s Yildiz Holding. The Istanbul conference — themed “bridging transformations,” and which opened Tuesday — is the first WEF meeting to focus specifically on the Middle East, Africa and Eurasia regions. It’s a region that Yildiz, an Istanbul-based food and beverages conglomerate that owns sweets maker Ulker and the luxury chocolate brand, Godiva, knows all to well. Propelled by a strong domestic market and rapid expansion across markets from West Africa to South Asia, the company, which posted an average of 11% revenue growth over the past two years and forecasts an expansion of 14% this year, is one of fast-growing Turkey’s corporate success stories.