A Reuters article urged the Greek government to put more effort into investment programs that would encourage more local startups.
Finance/Venture
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
Profit of Berkshire Hathaway jumps 29% thanks to investment gains
Berkshire Hathaway reaped the gains from some of its past deals it made during the 2008 financial crisis.
Spike in US consumer prices seen in September
The Labor Department of the US released data indicating that consumer prices had slightly rose, but did not affect inflation in the US.
Benign inflation and weak labor market dictates Fed course on bond purchases
The US Federal Reserve would be making changes in its asset-buying program should a significant shift in the labor market and inflation would be seen.
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Major banking institutions including JPMorgan Chase might have predicted the direction of the probe conducted by the Financial Conduct Authority in Britain.
NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.
Investor hype had been observed in recent initial public offerings. In a report by USA Today, investors were seen in a frenzy to invest into everything that has a ticker symbol.
Entry of the Euro in Latvia had not made any positive effect on the country's economy. On January 1, Latvia had adopted the Euro, which would hopefully encourage lower costs for borrowing and investments.
Traders kept bets for Feds rise in rates by the year 2015. According to CME Group's Fed Watch, futures prices suggested that no earlier than April 2015 the Federal Reserve would raise the rates.
Various investors and strategists react to the decision of the Federal Reserve. On Wednesday, The Federal Reserve had extended support for the slowing economy of the US.
Disagreements slowed down talks about the USD 13 billion settlement of JPMorgan Chase & Co and the US Department of Justice, sources told Reuters.
Reuters reported that the use of FIRREA in the Department of Justice's case against Bank of America could change the relationship between Wall Street and the government regulator.
Discussions for the formation of a grand coalition government in Germany had already begun. Talks had begun in Germany for a grand coalition government to be put in place by Christmas.
