Retail giant Lulu Hypermarkets, under the leadership Yussuffali MA is expanding to Asia, North Africa and Middle East.
Enterprise
Dexus Property and Canada Pension Plan Investment Board purchase office trust from Commonwealth Bank of Australia
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.
Robinson's IPO affected by Typhoon Haiyan
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.
Koelstra acquires Little Company to create baby products giant
Switzerland-based company Koelstra announced that Dutch company Little Company had agreed to the former's acquisition offer at an undisclosed amount.
Lulu CEO to invest in Middle East, Asia and other emerging markets, includes store expansion
Lulu Hypermarkets chief executive officer Yusuffali M.A. said his company would be entering in expanding in emerging markets and create new ones in the Middle East and Asia.
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The New York Department of Financial Services and the Manhattan District Attorney's Office are conducting inquiries and may subject both AIG and MetLife to fines.
Depending on their risk interpretation of the current debt situation of JCPenney under new CEO Mike Ullman.
A total of USD6 million in capital was provided by Guggenheim Partners for CardCash for growth financing purposes.
Due to high costs of operations and low returns, Woolworths opts to close down stores in Nigeria. Woolworths Holdings Ltd. , the food and clothing retailer from South Africa, announced plans for the closure of three of its stores located in Nigeria.
In one of highest volumes of corporate debt issuances on record, Sanofi and LVMH issue bonds yielding above prevailing rates.
Chinese M&A activity was slow due to its country's leadership change while Japan and Thai tycoons led the way in 2013.
Odyssey Marine Exploration Inc said it would have money by the end of this year and would not need to raise equity next year.
With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
JPMorgan Chase hiring practices now being reviewed by US, British and Hong Kong regulatory authorities.
