A Reuters analysis revealed that Beijing was looking to private capital to strengthen the balance sheets of Chinese banks.
Investors
Crescent Real Estate Holdings exits properties to ride the real estate market rebound
Crescent Real Estate Holdings sold the properties it had bought in 2009 to ride the real estate market recovery.
Long lines hint strong opening weekend sales for Apple's new iPhone releases
Long lines at Apple stores around the world signal record-breaking opening weekend sales for new iPhone handsets.
1914 Moet & Chandon Champagne to be auctioned in November
Sotheby's said it would auction Moet & Chandon Champagne back to 1914 vintage in November. The back to the 1914 vintage Moet & Chandon Champagne would be auctioned at Sotheby's on November 13.
Pentagon finalizes USD 4 billion missile defense contract with Lockheed Martin
The US government inked a USD 4 billion missile defense contract with Lockheed Martin. Pentagon announced that it had finalized a deal with weapons contractor Lockheed Martin to provide more missile defense equipment to the US and the UAE.
Latest News
European Commissioner Algirdas Semeta said work would continue on the proposed financial transaction tax.
Blackstone paid Crescent Real Estate USD347 million for Hughes Center complex. One of the largest office owners in the United States, the Blackstone Group, recently purchased another property, specifically the Hughes Center complex located in Las Vegas, NV.
The Federal Trade Commission stamps seal of approval for the acquisition of Arbitron, the radio audience measuring firm, by Nielsen, the television measuring giant.
The Commodities Futures Trading Commission had announced the approval of the applications to operate swap execution facilities for TruEX Group LLC and IntercontinentalExchange Inc.
JP Liquids LLC announced the acquisition of Highway Pipeline Inc's assets through an agreement recently formalized.
Due to the lack of competitive offers, Starboard Value throws its support behind Shanghui's bid for the takeover of Smithfield.
Italian fashion house Versace announced through its CEO Gian Giacomo Ferraris that the company had been expected a final shortlist of buyers interested in the company's minority stake by mid-October.
Senior Housing Properties Trust sells off its two hospitals to Reliant Hospital Partners LLC. Real estate investment trust Senior Housing Properties Trust said last Friday that had finalized an agreeent to sell to third parties the New England Rehabilitation Hospital and Braintree Rehabilitation Hospital.
GP Investments had filed with regulatory authorities the sale of its owned shares over college operator Estacio Participacoes.
