Sun Life Financial Inc. said on Friday that the delay of its US annuity business is likely to happen as regulators conduct reviews of private investor groups.
Industry
LifePoint Acquires Bell Hospital
Bell Hospital's directors announced today that it has signed an agreement to be acquired by LifePoint Hospitals.
UBS AG to Leave Banking Business in India
On Friday, UBS AG surrendered its banking license in India after battling several allegations of money laundering.
Al Noor Hospitals Debuts at US$15 Billion
On Friday, Al Noor floated in the London Stock Exchange and made its debut at GBP5.75 per share piece.
Tsinghua Holdings Offers US$1.38 Billion Buyout for Spreadtrum
Spreadtrum, a Chinese cellphone chip designer said it received a buyout proposal from Tsinghua Holdings priced at US$1.38 billion.
Latest News
Belgium's postal service, Bpost made a robust debut in the market on Friday which bodes UK's Royal Mail.
Indonesia’s IPO market overturned after foreign and local funds exit from Jakarta after being threatened with a wave of global volatility and valuations.
Russia's Rosneft agreed to double its oil supplies to China on Friday. (Photo : Reuters)The image shows the company logo in a Rosneft petrol station.
SoftBank executive Masayoshi Son announced confidently that the deal offered for Sprint will be completed in July.
Rabobank CEO Piet Moerland is set to step down by 2014. (Photo : )The image is the corporate logo of Rabobank. Dutch cooperative lender Rabobank, which is in the midst of the LIBOR interest rate scandal, has announced that its CEO Piet Moerland would be leaving the financial institution by next year.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Foreign investors purchased a large volume of domestic South Korean bonds equalling net stock sales to foreign buyers overall.
Patrick Wolff is betting that China's markets would crash. (Photo : Reuters)The image is a Chinese bourse board in the red. Patrick Wolff, the chess master who became a hedge fund manager is predicting a stock market crash to happen in China.
Negev Energy is building solar powered plants in the southern part of Israel. (Photo : Reuters)The image is a sample of a solar farm that uses energy to heat water.
