Industrials

China eases foreign bank regulations in newly-opened Shanghai free trade zone

The Chinese government would be easing regulations for foreign lenders seeking to do business in the newly-opened Shanghai free trade zone.


LionGold in discussions to buy Peruvian miner

Peruvian miner IRL confirmed on Friday that the company was in discussions with LionGold Corp for an acquisition transaction, said a Reuters report.

Decision on Graincorp acquisition extended to December 17 - Australian Treasurer

Treasurer for Australia Joseph Hockey extended the time frame for Australian regulators including himself to decide whether the acquisition of GrainCorp Ltd by Archer Daniels Midland Co would go against the national interest.

China Minmetals passes first-round bid to buy Glencore-Xstrata's Las Bambas mine

China Minmetals managing director Gu Liangmin said the company would be careful about their decision to buy the Las Bambas copper mine of Glencore-Xstrata.


Latest News

Divers found human remains around the site where the Costa Concordia capsized last year. Franco Gabrielli, the Head of Italy's Civil Protection Agency, said divers had recovered bodies from the site where the Costa Concordia sank last year in the sea off Tuscany.
Fiat and Chrysler CEO Sergio Marchionne are far from reaching a settlement on the pricing conflict as to the health care trust fund's shareholdings.
Under the joint venture agreement, Essar Energy can exercise a USD5 million option to sell its shareholdings in the joint venture project with the Kenyan government.
Westports Holdings Executive Chairman G. Gnanalingam became a billionaire with the port operator's initial public offering.
A crash in Kent, WA resulting in a fire had caused a slight decline in share values for Tesla. Share values of Tesla declined at the close of trading today due to the report from the electric car manufacturer of a fire in one of its vehicles due to a crash.
US and South Korea discussed the possibility of delaying wartime control transfer to South Korea's troops amidst fears of North Korea's weapons of mass destruction capabilities.
The General Authority for Civil Aviation's sukuk bond issue reach SAR15.2 billion. State airports operator of Saudi Arabia had priced a SAR15. 2 billion or USD4.
Siemens announced on Wednesday it had obtained a new USD3 billion credit facility to replace a previous one that had expired last August of this year.
Russian diamond company Alrosa announced on Wednesday that it has planned to sell 14% of its stake on the Moscow bourse.
Cargill Inc. and Archer Daniels Midland Co. were in final stages of discussion to close an acquisition deal that could be worth as much as USD2 billion, according to sources.
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