On Wednesday, Repsol’s board of directors announced that it has rejected a noncash offer from YPF valued at US$5 billion.
Industry
Bonds, oil, shares boost as Fed worries relieve
The upbeat statistics on shares, bonds and oil continue to improve after US central banker's attempt to ease fear.
Jindal Talks for Liberia Iron Ore
Jindal Steel is in negotiations to acquire an iron ore mine in Liberia as the country seeks for more foreign investors to boost its economy.
Justice Department to Investigate American-US Airways Merger
The US Justice Department investigated the planned merger of American Airlines and US Airways, a deal which is expected to be completed by end of September.
Hess to Start Sale Process for Oil-Terminal Network
Hess Corp started the sale of its oil terminal as the company seeks to receive US$1 billion for the asset.
Latest News
According to an IFR report, UK mutuals may not be able to survive the tough new regulations imposed by UK authorities.
The Chinese securities regulator grants mutual fund licenses to HSBC and Citigroup. (Photo : REUTERS)Banking group HSBC has settled a case brought by a fund over losses it suffered during the collapse of fraudster Bernie Madoff's financial empire, potentially paving the way for more claims against fund custodians.
Tilal Development Co would be issuing a sukuk whose proceeds would be used to pay off debts and expand the Muscat Grand Mall.
India's ICICI said that it is picking exporter stocks amidst foreign fund exits. (Photo : Reuters)Securities and Exchange Board of India chief U. K.
Japan's SoftBank Corp finally got Sprint's shareholders vote after it sweetened its bid to US$21.6 billion from the previous US$20.1 billion.
Samsung and Apple continue their battle for dominance with mobile patents which may possibly result to a $17.3 billion fine for Samsung.
ANA Holdings will purchase AirAsia’s way out of their budget airline cooperative enterprise in Japan, leading to a disbanded bond.
Billionaire Wang Jing of HKND Group said he has found global investors to fund the Nicaragua Canal construction.
Cerberus planned to increase its stake in Seibu Holdings Inc. by recommending people to the company's board however shareholders rejected said plan.
