Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.
Finance/Venture
Krung Thai Asset Management announces THB 28 billion or USD 891 million-IPO from Thai real estate firms by year's end
A Thai-based fund manager announced that two leading real estate firms in Thailand plan to raise THB 28 billion or USD 891 million in an initial public offering scheduled by the end of this year.
TCI demands EADS to dispose Dassault Aviation stake
The Children's Investment Fund demanded European Aeronautic Defence and Space Company to sell the 46% stake the latter holds in Dassault Aviation.
KKR keen on mezzanine deals in Australia
A KKR executive revealed that his firm was keen on investing in structured debt and mezzanine deals in Australia.
The head of Minnesota Retirement Fund is set to retire
Howard Bicker, the head of Minnesota Retirement Fund, announced his retirement, leaving the agency in search of a replacement.
Latest News
The US State Department announced an international travel alert for terrorist attacks in the Middle East, North Africa and South Asia.
The consulate of Haiti in Montreal created an investment mission which will be attended by many prominent names in Quebec's investment industry.
The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.
Barron's said the second quarter of 2013 is the golden era for IPOs. The second quarter of 2013 showed a lot of companies presented their initial public offerings (IPO).
The Japanese debt watcher raised the Philippines' credit ratings recently. Rating and Investment Information Inc, a debt watcher from Japan, recently upgraded the Philippines' credit outlook from "stable" to "positive" due to progressive changes in the country's fundamentals.
China's top decision-making body said that it will work to ensure the growth of its economy. The Politburo, China's top decision-making body, declared that it will ensure the growth of its economy.
A document seen by Reuters showed that Italian prosecutors are investigating JPMorgan in relation to their probe of Monte dei Paschi.
US President Barack Obama proposed a plan that would satisfy both Democrats and Republicans alike. On Tuesday, US President Barack Obama proposed a plan called the "grand bargain for middle-class jobs".
Greg Oden, the top draft pick in 2007, bids a comeback with the NBA champions Miami Heat. Greg Oden, the former first round pick of the Portland Trailblazers in 2007, last played in an NBA game in the 2009-2010 season.
