Industry

Barclays to cut down lending to comply with PRA rules

Barclays may need to cut down on lending to comply with the Bank of England's leverage ratio requirements.


Alliance Between GM and Honda For Hydrogen Fueled Vehicles

General Motors and Honda will soon form an alliance to develop hydrogen fueled vehicles (Photo : Reuters)General Motors will soon form an alliance with Honda to develop hydrogen fueled cars Honda Motor Co and General Motors Co formed an alliance to develop vehicles powered by hydrogen fueled cells within the next seven years.

Turkish Generic Drug Maker Sanovel For Sale

Tokzos Holding is putting a for sale sign on Sanovel. (Photo : Reuters)Turkish based pharmaceutical company is tagged with a for sale sign. Turkish based generic pharmaceutical company Sanovel, was tagged as for sale by Toksoz Holdings, Sanovel's parent company.

Madison Dearborn Partners Announced Acquisition of National Financial Partners Corp

Madison Dearborn Partners announced that they have acquired Madison Dearborn Partners. (Photo : Reuters)Madison Dearborn Partners announced acquisition of National Financial Partners Corp (NFP) Madison Dearborn Partners announced today that they finally acquired National Financial Partners Corp (NFP).


Latest News

India Based Emcure Pharma files for IPO. (Photo : Reuters)Emcure Pharmaceuticals Ltd files for IPO India based Emcure Pharmaceuticals Ltd filed for an IPO or an initial public offer for its common stock.
Winklevoss Twins offer IPO for Bitcoin. (Photo : Reuters)The image is the Bitcoin logo. Winklevoss Bitcoin Trust, which was designed to operate similarly to electronic exchange trading, is set to open its doors and make an initial offering of $20 million worth of shares.
Roche buys CMI, pushing Roche even further as the industry leader for laboratory hematology testing.
The recovery in European stocks yesterday did not pursue today after huge companies continuous slump.
Today, Bank of Marin Bancorp announced that it has agreed to purchase NorCal Community Bancorp and its subsidiary Bank of Alameda.
Toshiba is set on expanding facilities for production for its NAND Flash Memory Chips. (Photo : Reuters)Toshiba plans underway for expansion of production site in Japan Toshiba Corp announced on Tuesday of its plans to expand the production facility for its NAND flash memory chips which are used in smart phones and in memory cards.
First PacTrust Bancorp Inc announced completed acquisition deal for The Private Bank of California.
Rothschild to be named as the adviser for the Royal Bank of Scotland split. (Photo : Reuters)The corporate logo of Rothschild is shown on its building.
Sprint Nextel face lawsuit for tax fraud in the state of New York (Photo : Reuters)The image is the facade of a Sprint store. Sprint Nextel is currently facing a lawsuit in the State of New York for charges that the telecoms company did not collect or pay millions of dollars worth of taxes for its cellular phone service.
Compared to the first quarter, 21 IPOs were backed by venture capitalists amounting to US$717 billion.
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