Patrick Wolff is betting that China's markets would crash. (Photo : Reuters)The image is a Chinese bourse board in the red. Patrick Wolff, the chess master who became a hedge fund manager is predicting a stock market crash to happen in China.
Industry
Indonesia IPO Overturns as Investors Exit
Indonesia’s IPO market overturned after foreign and local funds exit from Jakarta after being threatened with a wave of global volatility and valuations.
Rosneft will Increase Oil Flows to China in a US$270 Billion Deal
Russia's Rosneft agreed to double its oil supplies to China on Friday. (Photo : Reuters)The image shows the company logo in a Rosneft petrol station.
SoftBank Believes Sprint Deal Will be Completed in July
SoftBank executive Masayoshi Son announced confidently that the deal offered for Sprint will be completed in July.
Rabobank CEO Set to Leave in 2014
Rabobank CEO Piet Moerland is set to step down by 2014. (Photo : )The image is the corporate logo of Rabobank. Dutch cooperative lender Rabobank, which is in the midst of the LIBOR interest rate scandal, has announced that its CEO Piet Moerland would be leaving the financial institution by next year.
Latest News
Negev Energy is building solar powered plants in the southern part of Israel. (Photo : Reuters)The image is a sample of a solar farm that uses energy to heat water.
During its annual shareholders' meeting, Cole Real Estate Investments voted to approve the amendments for its company's charter along it to be listed in the New York Stock Exchange by June 20, 2013.
Orascom, the subsidiary of Vimpelcom, had withdrawn its bid to gain majority interest in Wind Mobile.
SandRidge Energy Inc. CEO Tom Ward was ousted from the company last Wednesday due to accusations of strategic mistakes and self-dealing at the expense of the company's shareholders.
Sheryl Sandberg, Chief Operating Officer for Facebook Inc. said that the company is in a better position after going public.
Baylor Health Care System and Scott & White Healthcare signed a definitive agreement today to boost the strengths of the two companies.
Merger between EpiCept and Immune Pharmaceuticals is subjected approval on August 6 during the yearly shareholder meeting of the company.
Fab.com was valued at US$1 billion after its announced Asia expansion. (Photo : Reuters)The image shows different kinds of home goods. According to Fab.
According to analysts, Sprint should increase its Clearwire bid to avoid any rising tension with Dish Network Corp.
