In a move to help local Saudis, unused residential and military lands may be confiscated for that purpose.
Industry
India Fund Managers Get Creative
The race to get top investors between foreign and local managers heats up in a system with little foreign currency exposure and lack of information on deals.
Shareholders May Still Earn from Buyout Offer Says Barron's
Barron's the financial paper, has said that Dell shareholders still stand to earn from the Dell-Silver Lake leveraged buyout deal.
Bafin Finds German Bank Directors Not Involved in Interest Rate Manipulation
Bafin, the German financial markets watchdog, clears German Bank directors of any wrongdoing. Bafin, the German financial market regulator, have not come up with any proof that the directors of the German Bank are behind the manipulation of the standard interest rates, according to a top official of Bafin that the Wall Street Journal Deutschland had spoken with over the weekend.
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.
Latest News
According to Morningstar's analysis,
Vanguard Global REIT offers stable returns on investment.
Youku views mobile content as platform for profits for the firm. China's largest online video company, Youku Tudou Inc. , claims that original programming and a drive into mobile content will support the company as it looks into posting its first profit since its initial public offering in 2010.
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.
