Industry

China Offers US$3 Billion Worth of Loans to 10 Caribbean Nations

President Xi Jinping offered a total of US$3 billion loans to 10 Caribbean nations however no direct confirmation was made by the Chinese government.


Sprint Overthrows Dish Latest Offer For Clearwire

Sprint overthrows US$3.40 bid per share of Dish to a US$4.40 bid per share for Clearwire. (Photo : Reuters)People passing by a Sprint store in NYC. Sprint Nextel Corp has urged Clearwire Corp to reject the offered bid made by Dish Network.

Regulators Propose Heightened Oversight for AIG, GE Capital and Prudential

AIG, GE Capital and Prudential Financial confirm receipt of notification for regulatory oversight. (Photo : REUTERS)American International Group Inc, the insurer rescued by the U.

Intercontinental Exchange Inc, NYSE Euronext Agree To Merger

Intercontinental Exchange Inc and NYSE Euronext has officially merged into a $20 billion worth company after their respective shareholders unanimously approved the deal on Monday.


Latest News

FSA announced that Danish banks will be free to use hybrid debt instruments that has ended bank speculations on the use of equity alone to fulfill lender requirements.
London's luxury homes experience the smallest gains since 2009 as the decline was listed at 0.3% from December of last year.
Brent Crude trades lower than US$100 per barrel after OPEC keeps its production target constant. (Photo : Reuters)A gas station employee filling up a vehicle.
Shanghui International Holding Ltd. stated its key to success from acquiring Smithfield Food Inc. Wan Long, the chairman of Shuanghui International Holdings Ltd.
DBS Group Holdings Ltd. has extended the deadline to takeover PT Bank Danamon Indonesia from Temasek Holdings PTE.
Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.
Nigeria sees the decrease on US oil sales imports as a chance for the country to have more oil industries opened.
China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.
SAC Capital Advisors LP is bracing for more than US$3.5 billion redemption notices from outside investors.
Bilfinger is setting its sights to the Asian and North American markets for expansion. Bilfinger SE, the construction and industrial services conglomerate from Germany is planning to expand into Asia or North America through acquisitions.