India recently announced that it will raise the price of natural gas. (Photo : Reuters)The image is one of the largest coal mines in the world, operated by Coal India Ltd.
Corporations
Bankrupt Suntech extends forbearance agreement
Suntech extended its forbearance agreement with its bondholders. (Photo : Reuters)The image is the frontage of the corporate headquarters of Suntech. Chinese solar energy and systems manufacturer Suntech Power Holdings Company extended a forbearance agreement with what it says as "a majority" of its unpaid convertible bond holders.
Concentric Completes Acquisition of Licos
Concentric AB announced the completion of its acquisition for Licos Trucktec GmbH. (Photo : REUTERS)The image shows employees working on water pumps. Today, Concentric AB announced the completion of its purchase for Licos Trucktec GmbH.
NA Rental and Tubular rebranded as IronGate
Clearlake Capital Group acquired North American Rental and Tubular Services from Archer Limited. (Photo : Reuters)The image is a gas meter commonly found in natural gas field processing plants.
Arch Coal sells Canyon Fuel
Arch Coal agreed to let go of Canyon Fuel as part of its growth strategy. (Photo : Reuters)The image is a coal mine in production. Arch Coal gave up its operations in Utah as it agreed to sell Canyon Fuel Company to Bowie Resources.
Latest News
Western Cape said that it attracted R4.4 billion worth of foreign investments. (Photo : Reuters) The management of Western Cape announced today that has successfully attracted foreign investment worth R4.
The upbeat statistics on shares, bonds and oil continue to improve after US central banker's attempt to ease fear.
Jindal Steel is in negotiations to acquire an iron ore mine in Liberia as the country seeks for more foreign investors to boost its economy.
Royalty Pharma held internal discussions about making a new bid for Elan Corp according to four sources.
Ernst & Young LLP estimated a HK$100 billion proceeds if Alibaba Group Holding Ltd pushes through with an initial public offering in Hong Kong this year.
The US Justice Department investigated the planned merger of American Airlines and US Airways, a deal which is expected to be completed by end of September.
Burlington Holdings Inc. announced its planned initial public offering to raise as much as US$175 million.
Nearly two dozen senators urged careful review of the Smithfield-Shuanghui deal stating issues on national security and increased foreign ownership of US foodmakers.
The New York Times Co received multiple bids for The Boston Globe according to sources familiar with the auction.
