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.
Industry
Concentric Completes Acquisition of Licos
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.
New CIC Head to be appointed
According to a WSJ report, China is set to appoint Ding Xuedong to be the new head of China Investment Corporation.
UBS extends lead through Southeast Asian boost
Swiss bank UBS remains on top of Asia-Pacific equity capital market through the boom in Southeast Asian countries.
Brevan Howard trader involved in Libor probe exits hedge fund
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.
Latest News
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.
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.
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 Corp started the sale of its oil terminal as the company seeks to receive US$1 billion for the asset.
Precision Castparts Corp announced acquisition plans for Permaswage SAS months after its purchase of a titanium alloy maker.
ONGC Videsh looked at another energy asset in US while Oil India neared acquisition for an African oil and gas asset.
On Wednesday, Repsol’s board of directors announced that it has rejected a noncash offer from YPF valued at US$5 billion.
According to an IFR report, UK mutuals may not be able to survive the tough new regulations imposed by UK authorities.
