Industry

Sources: RBS determines branch sale plan in July

European regulators directed RBS to sell its 315 branches next month corresponding to the state's terms in rescuing it.


Evy Hambro of BlackRock Inc shares insight on gold

Evy Hambro of BlackRock Inc said that a few gold miners would go out of business due to slumping prices and increasing costs.

Investcorp expects GBP600 million from Skrill sale

Investcorp's Skrill sale made bankers prepare for debt investment of around GBP300 million or US$456.16 million.

Fresenius' biotech unit is already sold

Fresenius sold its transplantation medicine and anti-cancer cell drug to Neopharm. (Photo : Reuters)The image is the front foyer of German healthcare giant Fresenius SE.


Latest News

Investors in the wind farm industry and renewable energy sector are still doubting the stability of the market even after a 10% increase in subsidy.
Concentric AB announced the completion of its acquisition for Licos Trucktec GmbH. (Photo : REUTERS)The image shows employees working on water pumps. Today, Concentric AB announced the completion of its purchase for Licos Trucktec GmbH.
According to a WSJ report, China is set to appoint Ding Xuedong to be the new head of China Investment Corporation.
Swiss bank UBS remains on top of Asia-Pacific equity capital market through the boom in Southeast Asian countries.
Brevan Howard's trader who was supposedly involved in Libor investigation left the hedge fund. (Photo : Reuters)Citigroup official logo On Thursday, hedge fund, Brevan Howard, disclosed that it lost a trader who is supposedly associated with a large scale rate-rigging scandal.
Air Canada terminates a tender offer to buyback some bonds after Fed Chairman triggered sell off. (Photo : Reuters)Air Canada jets as they get ready to take off.
More than 300 investors gathered at the Premoney Conference in San Francisco. (Photo : Reuters )Investors betting on a rise in stocks, bonds and commodities advised to make preparation for a loud sucking sound in their portfolios next month.
India recently announced that it will raise the price of natural gas. (Photo : Reuters)The image is one of the largest coal mines in the world, operated by Coal India Ltd.
Western Cape said that it attracted R4.4 billion worth of foreign investments. (Photo : Reuters) The management of Western Cape announced today that has successfully attracted foreign investment worth R4.
The upbeat statistics on shares, bonds and oil continue to improve after US central banker's attempt to ease fear.