Deals
GM denies problems with SAIC Motor Corp partnership
General Motors Co said there were no problems with its partnership with Shanghai Automotive Industry Corp.
Patton Boggs to merge with bigger law firm- sources
Sources told Reuters that Patton Boggs was talking with another law firm for a possible merger. Sources told Reuters that Washington-based law firm Patton Boggs was in merger discussions with a larger law firm.
Chong Hing Bank shares plunge as trading resumes
After accepting Yue Xiu Group's takeover bid, shares of Chong Hing Bank dropped the most in five weeks.
Pension funds invest in traditional reinsurance companies- report
Guy Carpenter said the global pension fund industry has invested USD 10 billion worth of funds in insurance.
Latest News
Equifax Credit Information Services would receive an undisclosed amount from SBI as an investment. Equifax Credit Information Services, the India-based credit information bureau, announced that State Bank of India would be making an investment in the company.
If the new airline becomes profitable, expansion through acquisition of other airlines in the European countries would be next on the agenda for Air Serbia, according to Deputy Prime Minister Aleksandar Vucic.
Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.
In nixing the deal to allow the exit of Marathon Oil, a below market offer would be made shortly by the Libya owned NOC for the shareholdings.
In order to avoid the fiasco of Facebook on the NASDAQ, the NYSE ran simulated IPO tests to iron out glitches and kinks in its systems.
In a recommendatory report, Rothschild said it would be best to have the bank's bad debts placed in an internal bad bank instead of breaking up the bank.
Blackstone Group LP President Tony James sold 3.25 million shares managed through a firm controlled by his family.
In a news report in the Italian daily Il Messagero, a letter from Air France CFO criticized Alitalia for the lack of information regarding key decisions made on their joint venture where it owns 25%.
Davaadorj Ganbold said that major issues between the mining firm and the government have been ironed out but some still remain.
India Infoline, in response to market movement away from equities, is closing down its retail brokerage division.




