Industry

Two Unnamed Bidders Offered More Than $1 Billion for Hulu

Hulu received a hefty number of bidders giving bids of more than a billion for a piece of it. More than $1 billion was offered by DirecTV and two other bidders.


Digital Currency Firms Rush to Comply with Anti-Money Laundering Laws

Digital currency companies are rushed to comply with anti-money laundering acts after Liberty Reserve gotten held up for an alleged money laundering scheme.

Morgan Stanley Seeks Court Intervention Against Former Brokers

Morgan Stanley files petition to prohibit former brokers to reach out to current staff in their old office.

Petraeus Joins KKR

Former CIA Director David Petraeus joins KKR to head a new 'institute' within the firm to evaluate investments in emerging markets.


Latest News

Fiera Capital is pursuing to double its assets through acquisitions of US firms. The Canadian money manager Fiera Capital Corp is planning to increase its assets to more than double the current value of Can$150 billion or US$145 billion through the addition of smaller US firms.
Singapore Exchange is expanding its market by opening a menu of services for yuan denominated transactions.
According to findings by the NY Atty General's office, banks have violated the servicing standards agreement for foreclosures agreed upon last year.
Peru's president said he would be implementing a new set of reforms designed to boost investments in the country.
China's Premier Li Keqiang has criticized the move of EU to investigate alleged anticompetitive activities of two Chinese firms in Europe.
Egypt set to return the taxes collected from the QNB acquisition of NSGB. (Photo : Reuters)The image is the Arabic logo of the Qatar National Bank. In an announcement, the Egyptian government has said it would be refunding taxes it has collected from the acquisition by Qatar National Bank of National Societe Generale Bank.
Canadian dollar falls against US greenback due to current trends. (Photo : Reuters)The image is a Canadian dollar bill, a twenty to be exact. The Canadian dollar fell to its lowest level against the US greenback with concerns that the gains achieved from the risky assets have outpaced the current economic growth.
Charles Steel joins Ares Private Equity Group as its Managing Director. (Photo : Reuters)The image is the corporate logo of Ares Management LLC. The Ares Management LLC disclosed today the joining of Charles Steel with Ares Private Equity Group as its Managing Director.
Belgium's Delhaize plans to make sale of its businesses in the U.S. as it aims at minimizing costs in the region.
Mexican real estate investment trust is set to have a total of 233 properties after it completes its acquisition of a Mexican property portfolio from U.S. Kimco Realty Corp. and its partner American industries for $600 million.
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