Corporations

RBS to sell USD800 million loan in Eagle Bulk

The Royal Bank of Scotland, due to a looming divestment by the British government, had put up for sale a shipping loan worth USD800 million.


Toll Brothers postpones boost on investment-grade rating, offers debt to buy Shapell

Toll Brothers Inc would be seeking to acquire the amount needed to finance its USD1.6 billion acquisition of Shapell Industries Inc and refinance its 4.95 notes due next year.

Social media sites work across platforms and uses

After Twitter's IPO and the expansion of Facebook, other social media services such as SnapChat, WhatsApp and other social networking sites compete against one another.

Strict Hong Kong regulations threaten property developers

Property developers of high-end apartments and real estate in Hong Kong were not happy about the state government's new regulations on mortgage tax and downpayments.


Latest News

For its Amazon prime members, Amazon had entered into an agreement with the US Postal Service into providing deliveries to customers on both Saturdays and Sundays.
Sydney, Australia-based DesignCrowd claimed that its crowdsourcing marketplace was more fair and transparent to freeland designers, and intended to expand its business in the US.
Mitel Networks Corp's CAD392 million stock-and-cash acquisition of Aastra Technologies Ltd would create a major player in the communications technology and equipment market in Canada.
GTS Central Europe would provide expanded services through landline infrastructure to its purchaser Deutsche Telekom.
Dexus would be managing one fourth of commercial buildings in Sydney upon the takeover by CCPIB of the office trust held by the Commonwealth Bank of Australia.
Money managers saw the retreat of IPO valuations for the Robinson's Retail Holdings Inc's IPO due to the devastation wreaked by Typhoon Haiyan.
Wood Group said it would be buying Elkhorn Holdings Inc for an undisclosed amount. International energy services company Wood Group said it would be purchasing Wyoming-based Elkhorn Holdings Inc.
Because of comments considered as arrogant as against the government, the work permit of Konkola Copper Mines CEO has been cancelled and he would be barred entry into the country.
Switzerland-based company Koelstra announced that Dutch company Little Company had agreed to the former's acquisition offer at an undisclosed amount.
London-listed drugmaker Shire announced its intention to buy U.S. pharmaceutical company for USD4.2 billion.
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