Industry
GM Still Looks At Share Buyback while Expanding Maintenance Program
General Motors Co expands a maintenance program to boost revenue while still looking at share buyback and dividend.
Glencore Xstrata Enters LNG Trading Market
Glencore Xstrata is banking on US LNG boom to allow market entry into the tight knot LNG trading market.
AIG Gets Delayed Payment from Buyer
American International Group Inc. (AIG) gets missed payments from a buyer group in China. (Photo : REUTERS)American International Group Inc, the insurer rescued by the U.
OCI To Sell Stake In Texas Methanol Plant
Orascom Construction Industries (OCI) plans to sell minority stake it has in a Texas methanol plant.
Latest News
MTS is discussing acquisition of Akado, a major broadband and cable TV provider in Moscow, Russia. Last Wednesday, Kommersant Daily reported that MTS is in discussion to acquire Akado, a major broadband and cable television provider in Russia.
Bill Gates leads investment of US$35 Billion for ResearchGate, a Berlin based network for scientists.
Fiat launched the first part of the three-part financing deal to refinance current loans of Fiat and Chrysler prior to engaging a deal to buy out the rest of Chrysler.
Real estate investment trust fund, American Homes 4 Rent files US$1.25 Billion IPO for its Class A shares.
Cinven Ltd, KKR & Co LP and Warburg Pincus LLC are weighing deals to bid for PRA International, a clinical research group.
United Airlines engages to buy biofuels for their flights from AltAir Fuels for a three-year contract.
Canadian Industry Minister, Christian Paradis squashes Telus Corp's application for a takeover deal with Mobilicity following the Canadian ban for spectrum licenses acquisition from smaller rival companies.
Glass Lewis advices shareholders to hold off the takeover vote for SoftBank Corp's takeover bid on June 12.
IBM announced acquisition of SoftLayer Technologies and the creation of a new division in the company for cloud-based services to its clients.
Two companies that are link to Chinese State-backed groups are pursuing the US$5 billion Glencore Xstrata mines in Peru.