Western Cape defies South Africa's falling trend

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.


UBS uplifts commodity trade finance

Swiss bank UBS boosts its commodity trade finance as it makes cuts in investment banking. (Photo : Reuters)The image is the UBS sign on its corporate headquarters.

Segro and Public Sector Pension Investment Board ventures

PSPIB and Segro partnered to form new venture. (Photo : Reuters)This is the logo of Segro. The United Kingdom's biggest publicly traded proprietor of industrial assets Segro Plc (SGRO) ventured with Canada's Public Sector Pension Investment Board.

China markets recover while credit crisis fear decline

China continues to get better as their credit crunch improves through central bank's efforts. (Photo : Reuters)The image is a bank teller counting yuan.


Latest News

Zalando, an online clothing retailer said that banks contacted the company several times for a possible initial public offering.
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.
Royalty Pharma held internal discussions about making a new bid for Elan Corp according to four sources.
Ernst & Young LLP estimated a HK$100 billion proceeds if Alibaba Group Holding Ltd pushes through with an initial public offering in Hong Kong this year.
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.
Burlington Holdings Inc. announced its planned initial public offering to raise as much as US$175 million.
Valeant's term loan has been finalized and the proceeds would be used to fund the acqusition of Bausch and Lomb.
Nearly two dozen senators urged careful review of the Smithfield-Shuanghui deal stating issues on national security and increased foreign ownership of US foodmakers.
The New York Times Co received multiple bids for The Boston Globe according to sources familiar with the auction.
CVC Capital Partners reaches hard cap on new investment fund. (Photo : Reuters)The image is a counter of Euro Bills in a stack. CVC Capital Partners Ltd had reported that it had raised more than Eur10.