Private equity firms perform at higher levels in terms of buyout financing compared to the previous year.
Industry
Proposals to overhaul US tax system put corporate tax breaks at risk
Proposals to overhaul the US tax system could eliminate the billions of dollars in tax breaks enjoyed by corporations.
Property expert calls out possible property market bubble burst in Dubai
propertyfinder.ae CEO and founder said that another property price bubble is in the making in Dubai.
Columnist ponders on the cause of joblessness in the US
Reuters columnist Allison Schrager dissects the cause of unemployment in the US. Is the cause of unemployment in the US structural or cyclical? This was the question that Reuters columnist Allison Schrager attempted to answer in her column.
August sees increase of US Consumer Confidence- survey
The Consumer Confidence Index of the US in August increased. The Conference Board, an independent business membership and research group, revealed that consumer confidence in the US increased in August.
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The new agreement between US and Swiss governments would allow payment of fines or deferment of prosecution from tax evasion committed by US clients.
Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.
A second financial crisis was predicted to hit Asia in the next 12 to 18 months that originated from the US after its Federal Reserve announced stimulus reduction.
Two more operators join the 4G race in Britain as it jumps into the superfast mobile top division. Britain is preparing to launch itself into the superfast mobile top division as two more operators launch 4G services.
Six US banks led by JP Morgan Chase & Co. and Bank of America Corp. had piled up a total of USD103 billion in legal costs.
The Merrill Lynch unit of Bank of America corp would pay USD 160 million to settle a discrimination lawsuit filed by African-American financial advisers.
The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
The United States would be offering loans again through its Advanced Technology Vehicle Manufacturing loan facility.
The National Dog Day was founded to encourage the adoption of shelter strays as pets. August 26 is National Dog Day. This celebration started back in 2004 in recognition of the high number of shelter pets that seek a good home.
