Corporations

China eases foreign bank regulations in newly-opened Shanghai free trade zone

The Chinese government would be easing regulations for foreign lenders seeking to do business in the newly-opened Shanghai free trade zone.


Potbelly trading surges more than double after IPO pricing increase

On Friday, the New York bourse saw an increase in trading of Potbelly Corp's shares after its public listing launch.

Avaya to explore sale to Oracle after elusive IPO

Avaya Inc had explored a sale earlier this year instead of taking the company private, said a Reuters report.

Hollywood shows risk in Twitter business model, IPO in prospectus

Twitter Inc's prospectus filing on Thursday revealed its reliance in influential users like celebrities to be more relevant.


Latest News

Susan Bennett said she revealed her identity after the release of a Verge video showing people's interest in the voice behind Apple Inc's voice app Siri.
Google, SAP and Cisco had been in discussions to possible acquire struggling smartphone maker BlackBerry, said a Reuters report.
French clothing retailer Vivarte had been in discussions regarding a possible reset of its loan agreements to make its EUR2 billion debt easier to manage, said a Reuters report.
Applications with the Federal Anti-Monopoly Service was filed by two Bank Rossiya as they bid to purchase shareholdings in Tele2 from state backed bank VTB.
Cooper Tire & Rubber Co filed a complaint in the Delaware Chancery Court to compel Apollo Tyres in closing its acquisition transaction soon, said a Reuters report.
Peruvian miner IRL confirmed on Friday that the company was in discussions with LionGold Corp for an acquisition transaction, said a Reuters report.
Sotheby's would adopt its shareholders right plan after Daniel Loeb's Third Point hedge fund planned to increase its stake in the company and pushed to shakeup the company's management team, said a Reuters report.
According to a report from Reuters, the memories of Facebook's IPO had cloud up Twitter's debut which had dampened enthusiasm for the shares of the social networking platform.
The Irish NAFA had prepared the way to sell off shares. The National Asset Management Agency of Ireland is in the process of preparing the sale of EUR300 million or USD408 million worth of Irish real estate loans.
In a basic comparison, Twitter's risk factors were longer than Facebook's, which may indicate a riskier investment.
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