Morgan Stanley files petition to prohibit former brokers to reach out to current staff in their old office.
Industry
Kinder Morgan Cancels $2 Billion Worth of Pipeline Project
Kinder Morgan Energy Partners LP has announced the cancellation of a $2 billion worth of project for Freedom oil pipeline.
Fed Speculates Higher Bonds Yields, Sinking Stocks
US stocks were sold off yet government bond yields increased. With the rising sentiments of consumers about the Federal Reserve's next step, the US stocks that were sold and the bond yields from the government increased.
US Treasury Suspends Pension Funds
The US Treasury has announced suspension of pension funds to raise its debt limit. The US Treasury announced last Friday the suspension on pension funds payment.
A Call for Dell Shareholders To Support CEO Buyout Deal
Dell urges its shareholders to support founder/CEO Michael Dell's buyout proposal. Dell Inc. has called on to its shareholders for the approval of a $24.
Latest News
Former CIA Director David Petraeus joins KKR to head a new 'institute' within the firm to evaluate investments in emerging markets.
Cisco is seeking EU intervention on its claims of monopolistic effect of Microsoft's purchase of Skype.
EFES is affected by law passed by the Turkish government. The largest beermaker in the Middle East is being buffetted in the world's credit markets at the same time Turkish Prime Minister Recep Tayyip Erdogan has been clamping down on sales of alcohol and its attendant advertising.
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.
