Foreign exchange affects net return on foreign assets

Ultimately, the determinant as to the increase or decrease of the value of an asset is the foreign currency exchange.


Sale of planned takeover of drug-maker can potentially break records

The acquisition of Alexion Pharmaceuticals Inc. could possibly break records as the most expensive purchase in biotechnology.

Germany may sell Commerzbank shares after elections

The German government is contemplating on selling its stake in the loss-making bank after the conduct of the national elections on September.

Dell Inc said to think about delaying shareholders vote on buyout

Dell Inc, third-largest personal-computer maker, may postpone shareholder’s vote regarding the buyout by its founder.


Latest News

Capital One Financial Corp. was negotiating with UBS regarding 250,000 square feet of offices on Park Avenue, Manhattan.
AT&T Inc's new venture on annual device upgrades and installment plans directly competed against T-Mobile's offerings.
A new report from the GreySpark Partners showcase the greater flexibility and efficiency of multi dealer platforms compared to other structures.
Aviva Plc was in talks with negotiators regarding its US$1.8 billion deal with Leon Black's Apollo Global Management LLC.
Etihad’s bid to invest in Jet Airways is expected to be completed in the next few months. India's Jet Airways is expecting investments from Etihad Airways of Abu Dhabi, which will be completed in the next few months.
PetroSA was said to be considering the possibility of buying Petronas' controlling stake in Engen.
Abbott Laboratories is set to acquire all of IDEV Technologies' outstanding equity shares for US $30 million.
iSight Partners gets funding from Blackstone to unveil Cyber Risk Management System. iSIGHT Partners received new investment from asset management firm Blackstone to launch the Cyber Risk Management System (iCRMS).
Tiger Bay's acquisition of Gramercy Park creates a 'superfirm' in the industry of asset management.
Invis Energy raised Eur160 million from NorddeutscheLandesbank and DNB Bank for a 42.8 megawatt wind farm in Ireland.