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Deutsche Bank conducts internal inquiry

Like many other regulatory authorities, Deutsche Bank is conducting an internal review of conversations and electronic communication for allegations of rigging the the benchmark interest rates.


Apollo sought dismissal of Cooper suit

In a letter to presiding judge Sam Glasscock III, Apollo Tyres lawyer sought the dismissal of the case filed against them by Cooper Tire & Rubber Co.

Kior gets commitments for its second biofuel plant

Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.

Maple Leaf studying options for shareholdings in Canada Bread Co.

With 90% of Canada Bread Co in Maple Leaf Foods Inc's name, the latter is seeking options for the divestment of the said asset.


Latest News

Trinity Biotech purchases Lab21's blood bank screening unit for USD7.5 billion. In a recent move, Lab21 had sold its blood bank screening unit to Trinity Biotech for USD7.
beRecruited, the top athletic recruitment social network, was sold off by Madison Parker Capital to the Raine Group.
BHP Billiton did not confirm the reason for such return of oil and gas stakes in India. BHP Billiton, the global mining firm, said last Monday that it had given up nine oil and gas exploration blocks located in India.
The Burman family and Healthcare At Home UK form joint venture for the Indian market. The promoter of Dabur India, the Burman family, is entering into the healthcare market through a joint venture with the founders of UK based 'Healthcare at Home'.
A potential consolidation of French perfumery chain Nocibe and German books-to-cosmetics retailer Douglas Holding would create France's second-largest perfume retailer.
HTC claimed in a Financial Times article that it had a hand with Microsoft Corp's smartwatch years ago.
Details of the new Nokia Lumia phablet was mistakenly posted on a Chinese e-commerce listing. A new leak had confirmed earlier reports about the details about Nokia Corp's new Lumia phablet.
The offered senior notes from Renaissance is worth USD350 million with a five year term. Renaissance Services, an Omani based firm, announced last Monday that its subsidiary, Topaz Marine was in the process of marketing a five year USD350 million senior note offer.
According to UAE Financial Markets Association President Mohammed Al Hashemi, the potential merger of the Dubai Financial Markets and Abu Dhabi Securities Exchange would create opportunities to boost investor capital in the United Arab Emirates.
In an announcement today, Ultra Petroleum Corp said it would be acquiring oil-producing properties that are located in the Colorado Plateaus province for company expansion.
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