Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.
Industry
Cinven Seals Eur1 Billion from Banks to Finance Ceramtec Buyout
Cinven sealed roughly Eur1 billion in financing coming from Deutsche Bank, RBC and UBS for the firm's acquisition of CeramTec
Bain, Altor Complicate Marine Harvest’s US$1.1 Billion Hostile Bid
With a US$1.1 billion offer for the Cermaq's fish feed unit, Bain Capital and Altor complicated Marine Harvest's plans of acquiring the entire firm with a US$1.7 billion deal.
Lowe’s Enters into Acquisition Agreement with Orchard Supply Hardware
Lowe's announced that it has entered into an agreement of purchasing Orchard Supply Hardware for US$205 million plus assumption of debt.
Cheung Kong Forms Joint Venture to Acquire Dutch Firm for US$1.2 billion
Cheung Kong Holdings Ltd will undergo joint venture to acquire RAV Water Treatment. (Photo : Reuters)The image shows a boy drinking treated water from a faucet.
Latest News
Prime Minister Shinzo Abe announced cutting down Japan's pension fund and focusing into stocks, away from government bonds.
India's rapidly declining currency is a clear sign that US policy affects the whole world. (Photo : REUTERS)Indian currency of different denominations are seen in this picture illustration taken in Mumbai India is emerging as the canary in the mine for Asia's money market.
Net long position of the US dollar fell, together with other currencies according to the Commodity Futures Trading Commission.
Foreign investors, such as China and Japan, have started divesting their US bond holdings. (Photo : Reuters)The image is a bunch of 'Benjamins' in a row.
Emerging debt market trading fell by 12% in the first quarter of 2013. (Photo : Reuters)The image is the facade of the New York Stock Exchange. The trading volume for debts from emerging markets declined by 12% in the first quarter of 2013 compared to the previous year.
The Canadian dollar remains steady against the US dollar, but may change once the Federal Reserve Chairman makes his remarks on quantitative easing.
Curacao retained its A minus credit rating from Standard and Poor's but declines in outlook. (Photo : R)The image is the corporate headquarters facade of Standard & Poor's.
Aruba's credit rating now at BBB+ from A- according to Standard and Poor's. (Photo : Reuters)The image is the logo of Standard and Poor's 500.
The bond market is awaiting the Federal Reserve Bank decision on quantitative easing. (Photo : Reuters)The image is the facade of the Federal Reserve Bank.
