Industry

Telecom Italia to Float its Fixed Line Network

According to an anonymous source relayed to an Italian newspaper reported by Reuters, Telecom Italia would retain its stock on the fixed line network to prevent any takeover by Hutchison Whampoa.


Judge Orders Lifting of Seizure Order for Monte dei Paschi Investigation

Judge Ugo Bellini finds no evidence of fraud nor urgency to deem the issuance of a seizure order. An Italian magistrate has thrown out a request to issue an order to seize nearly Eur1.

The European Commission Receives Subsidy Complaint

The European Commission receives subsidy complaint against China for illegal subsidies on solar glass sold in the EU market.

Saudi Arabia Housing Minister Says Unused Land May be Confiscated

In a move to help local Saudis, unused residential and military lands may be confiscated for that purpose.


Latest News

McClendon, after his exit from Chesapeake Energy, is now undertaking a new venture, American Energy Partners.
With the proposed US$400 billion asset ceiling and 10% equity retention limit, banks may be forced into complicated situations.
The deVere Group opens its offices on the Cayman Islands. The deVere Group has recently announced the establishment of its regional office in the Cayman Islands as a signal to its presence in the area.
PIMCO's head of credit portfolio management is seeking to acquire investments and loans that have high risk but provide high returns.
CBRE announced a 12% profit realized from increased revenues from global property sales demand surge.
Recent research indicate US investors are again looking to snap up real estate ventures and investments located overseas.
SEC Chair Jo White is caught between a promise made during her confirmation hearings and the ire of consumer advocates she has sworn to protect.
Analysts and traders saw great fund inflows despite tumbling prices of gold and other commodities. Despite record losses for gold and other precious metals, many hedge funds and speculators continued to pour money into these investments.
The SEC is seeking to find ways to ease requirements to allow less complex ETFs to be registered with the bourse.
The new Chief Human Resources Officer of Think Finance is Marcella Butler. Marcella Butler is Think Finance's new Chief Human Resources Officer as disclosed by the developer of online financial products.
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