Recovery measures such as arbitration, negotiation and litigation are the means that MMG would recover due amounts receivable.
Investors
Dell Inc pays out executive shares above conversion value
Dell Inc had paid out executives for its shares not rolled over into the newly privatized Dell. The directors and top executives of Dell Inc. had received a total of USD59.
Greece needs to put in more effort to grow local entrepreneurship - column
A Reuters article urged the Greek government to put more effort into investment programs that would encourage more local startups.
Ranbaxy sues Actavis over the production of a generic version of Absorica
A suit was filed in New Jersey District Court against Actavis by Ranbaxy Laboratories for its attempt to produce a generic version of Absorica.
The Abraaj Group exits from Opalia Pharmaceuticals
The Abraaj Group sells its shares in Opalia Pharmaceuticals to Recordati. The Abraaj Group of Dubai recently announced it full exit from Opalia Pharma of Tunisia.
Latest News
Fairfax Financial Holdings Ltd had until November 4 to negotiate a definitive agreement to buy out Blackberry Ltd.
Hoteliers in UAE are in conflict as to the recommendation to impose a price ceiling on hotel rates. A hotelier in Dubai had called for the UAE tourism authority to introduce a ceiling on hotel rates to control the market.
Warburg Pincus sold its ownership stake in Transpacific Industries Group at AUD1.05 per share. On Saturday, a Transpacific Industries Group spokesperson said the shareholder Warburg Pincus would be selling its stake in the waste management firm through UBS.
NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.
A lukewarm response was the tone for the launch of the newest iPad version, the iPad Air. It had become commonplace that droves of loyalists and enthusiasts would await the launch of the latest Apple product to the market.
The initial public offering of Chegg was highly anticipated by the technology community following its impressive growth
Investor hype had been observed in recent initial public offerings. In a report by USA Today, investors were seen in a frenzy to invest into everything that has a ticker symbol.
Apollo and Cooper Tire decided on a tentative agreement with trial to begin on Tuesday. NDTV Profits reported that a tentative agreement with workers of United Steelworkers union and Cooper Tire & Rubber Co was reached.
Walmart decided to offer its holiday deals early in anticipation for holiday shopping season. According to a Reuters reports, retailers in the US faced the shortest holiday in the past few years to prepare for customers' demands.
