In a filing with the US Supreme Court, Argentina seek stay of payment order issued by lower court. The Argentine government had filed an urgent motion in US Appeals Court last Friday to stay the hold order requiring the government to pay USD1.
Institutional investors
Fire escape construction causes fire in Yuengling Brewery
The construction of a fire escape led to the fire at Yuengling Brewery's Tampa, Florida plant. The fire that razed the storage building of Yuengling Brewery in Tampa, Florida was caused by the construction of a fire escape.
Yuengling Brewery goes back to business after fire
Yuengling Brewery would resume operations on Monday after Saturday's fire. The fire that hit Yuengling Brewery in its facility in Tampa, Florida would not affect the company's operations.
Libya exercises right of first refusal over Marathon Oil's shareholdings in Waha Oil
In nixing the deal to allow the exit of Marathon Oil, a below market offer would be made shortly by the Libya owned NOC for the shareholdings.
NYSE does system check in anticipation of Twitter IPO
In order to avoid the fiasco of Facebook on the NASDAQ, the NYSE ran simulated IPO tests to iron out glitches and kinks in its systems.
Latest News
Japan Exchange fell after expectations were unmet as major stocks pulled down the market. The biggest decline was registered with Asian stocks since August after the forecasts Canon Inc to Japan Exchange Group Inc had frustrated investors at the same time money market rates had urged in the second largest economy in the world.
A source told Reuters that JPMorgan Chase & Co was nearing a settlement deal with institutional investors that included BlackRock, Pacific Investment Management and Neuberger Berman.
The amount of USD6 million was raised by Flint Mobile from its capital investors. The market leader in easy swipe free payments and mobile business integration, Flint Mobile, announced the receipt of USD6 million worth of new capital funds during the Street Fight Summit in New York.
Kampac International Chairman Charles Ampofo lauded the Philippines' economic growth. It was recently reported that a Dubai based oil firm is negotiating a deal to develop a USD5 billion Energy City project located in the Philippines.
Independent grocers and convenience store operators see a mega-merger as big industry threat. Independent grocers in Canada feared they would go out of business with the upcoming merger of Loblaw Cos Ltd and Shoppers Drug Mart Corp.
Live Nation Entertainment acquired Voodoo Music & Arts Experience. Entertainment firm Live Nation announced that it had bought Voodoo Music & Arts Experience.
Taurus Wealth Advisors said independent asset managers could see the assets they oversee in Asia rise.
Far East Orchard said it was thinking of listing a real estate investment trust to focus on the hospitality market in Australia.
With an upper range of USD20 per share, the total enterprise value of Twitter is at USD10.9 billion.
