New Anglo American boss, Mark Cutifani, outlines an aggressive cost-cutting plan to reverse the mining company's poor performance.
Industrials
Precision Engineered Technologies acquires Imperial Machine and Tool Company
Joshua Partners's precision machining platform company,Precision Engineered Technologies,LLC. acquires Imperial Machine and Tool Company.
Alfonso Soriano ends US$136 million contract with Cubs, trades to Yankees
Chicago Cubs' outfielder Alfonso Soriano completed his trade to Yankees after waiving the no-trade clause.
European Union considers option to blacklist Hezbollah military wing
The European Union weighs options regarding the military wing of Hezbollah as Britain persuaded its peers to blacklist the Shi'ite Muslim group's military wing.
Government-owned Chinese developer to invest US $1 bln in L.A. project
Shanghai Greenland Group Co. announced its acquisition of a stake in a project by L.A.-based pension fund California State Teachers’ Retirement System.
Latest News
Insurance companies would deal with major payouts due to Spain train crash. Allianz, an insurance company from Germany, would deal with a huge bill for compensation payments after the deadly train crash that happened in Spain.
Freeport Indonesia has said that it will be offering the public a 5% stake in the mining company. The Indonesian subsidiary of Freeport McMoRan Copper & Gold Inc.
The UK homebuilder enters into a joint venture with a charitable institution worth US $616 million. UK's Berkeley Group Holdings Plc agreed to enter into a joint venture with Wellcome Trust Ltd.
Areva SA and Namibia Water are in the final leg of arrangements for their water sale distribution agreement.
Luminous Water Technologies Pvt. acquires US$9.3 million worth of funding from CLSA Capital Partners.
Qinhuangdao Port Co. said that they are planning to raise US$800 million through an initial public offering.
Investigations were now being held to understand the cause of Spain train crash that killed 78 people.
Belgian weaving machine maker, Picanol, purchased a 27.6% stake in Belgian chemicals group, Tessenderlo Chemie.
Coldwell Banker Residential Real Estate acquires Brevard County, Florida's Hartung Real Estate.
