Credit Suisse estimated that they will receive US$94 Million hits from UK tax deal Credit Suisse forecasted that they are expecting a loss of CHF90 million or something in the area of US$94.
Industry
Wheat Growing States Join Investigation of Cargill/ConAgra Flour Deal
A group of wheat growing states joined the US Justice Department antitrust division in investigating a proposed joint venture by ConAgra Foods Inc and Horizon Milling.
IMF lends US$5.3 Billion to Pakistan to Boost Rupee
The International Monetary Fund approved Pakistan's US$5.3 billion loan to help the nation stabilize its struggling economy.
Sources: EU and China on talks about solar panel deal
The European Union and China hope to defuse conflicts by negotiating about a solar panel deal. On Friday, the European Union and China were finally moving in the direction of a new contract.
CNOOC signs PSC with PetroBroad Copower
CNOOC announced that they have signed a PSC with PetroBroad Copower CNOOC Limited announced that the China National Offshore Oil Corporation (CNOOC), its parent company, has signed a PSC or a production sharing contract with PetroBroad Copower Limited (PetroBroad Copower) to do work for Block 28/03 in Pearl River Mouth Basin.
Latest News
Etihad announced that they are near to closing deal with JAT Airways Etihad Airways announced that they are close to coming to an agreement over an equity investment with JAT Airways.
GDF Suez is highly considering taking an active role in a French bid GDF Suez is considering taking an active role in the French bid for the nuclear reactor project in Saudi Arabia.
Apollo Global Management announced that they have completed the first stage for their capital rising
Diageo PLC announced that they have acquired stakes in United Spirits Ltd. Diageo PLC announced that they have acquired a 25. 02 % stake in Vijay Mallya-led United Spirits Ltd (USL).
Money influx hurt China money market rates. Money market rates fell after the Chinese government announced injection of funds into an interbank market system.
South Korea's SK Energy returns to the naphtha market and makes 35,000 tonnes purchase (Photo : Reuters)SK Energy of South Korea buys 35 tonnes of cargo from Oil and Natural Gas Corp SK Energy, South Korea's top refiner bought 35,000 tonnes from Oil & Natural Gas Corp.
After China's interest in the Pak-Iran pipeline project, the ties between the two countries are said the have been strengthened.
BHG announces the signing of a memorandum of understanding with Castelari Construtora Ltda. (Photo : Reuters)Brazil Hospitality Group announces signing memorandum of understanding with Castelari Brazil Hospitality Group (BHG) announced the signing of a memorandum of understanding with Castelari Construtora Ltda.
Macau Legend Development stocks took on a rise after IPO prices were repriced. Macau Legend Development Ltd stocks climbed 6. 8 percent on the first day of trading.
