A diplomatic stand off between Australia and Indonesia was averted when the Australian Immigration Minister had ordered the boat people be brought to Christmas Island.
Industry
Nigeria is capable of building a USD 20 billion private equity industry- Henshaw Capital Partners founder
Nigeria-based Henshaw Capital Partners Founder and Chief Executive Officer Barbara James said Nigeria could build a USD 20 billion private equity industry by 2020.
Wall Street banks mull disabling chat rooms that links traders- report
A Wall Street Journal report said big banks were thinking of blocking traders from chat rooms as regulators intensify probes on market manipulation and collusion
EU seeking creation of bank to oversee banks in the EU
Germany's coalition government formalized a measure to provide funds and expertise for a European bank to manage the loan agreements and if necessitated, closure of banks.
BT to show all UEFA games, leaving Sky in the cold
New broadcasting firm BT acquired exclusive rights to broadcast UEFA football games. BT had scored a coup in the multibillion pound sports broadcasting market.
Latest News
Employment, salaries, automotive and other industries grow after the sixteen day US government furlough.
According to Global Finance, the National Bank of Abu Dhabi is acclaimed as the world's safest bank.
Typhoon Yolanda (International Name: Haiyan) devastated several provinces over the weekend as it cut across the Philippines packing gust winds of 275 kph.
Data storage company Box, one of Silicon Valley's highly anticipated IPO candidates, has selected Morgan Stanley, Credit Suisse and JPMorgan Chase & Co to lead a proposed initial public offering, according to three people familiar with the matter.
The private equity industry played a vital role in the initial public offerings that happened in the US so far for this year, according to an International Business Times report.
An Ernst & Young Global Limited report revealed that private equity has finally made a comeback in real estate markets after a five-year hiatus.
Deutsche Bank AG, Societe Generale SA and Harvest Global Investments now have China linked ETFs available.
The latest takeover bid was submitted by BNP Paribas SA for BGZ Bank in the Polish market that had seen mega million takeover deals in its banking industry.
Ernst and Young publishes its annual report on the real estate private equity sector. According to the publication Global Market Outlook: Trends in Real Estate Private Equity, the emergence from recession and its consequent effects signals the real estate private equity sector position for growth in 2014.
