Chrysler Jeep is looking for a Chinese partner for the manufacture of the vehicle in China. (Photo : Reuters)The image is the emblem of Chrysler Jeep. Fiat, the Italian carmaker is looking towards China for a partner to assist in the manufacture of the Chrysler Jeep brand in the largest car market in the world.
Investors
Google To Acquire Waze for US$1.3 Billion
On Sunday, Google was reported to be in close discussion to acquire Waze for US$1.3 billion. (Photo : REUTERS)The Google logo is seen on a computer monitor at Google's Hong Kong office According to reports on Sunday, Google is close to purchasing Waze for US$1.
Legal Issues To Confront Smithfield-Shuanghui Deal in Midwest States
The deal between Smithfield Foods and Shuanghui International may face legal challenges as Midwest states prohibits foreign ownership over agricultural lands.
Severn Trent Rejects Increased US$8.2 Billion Takeover Bid
Severn Trent rejected the raised bid from LongRiver consortium. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent, a British water firm rejected the increased US$8.
Bank Al Khair to Merge with Khaleeji Commercial Bank
According to sources, Bank Al Khair is expected to merge with commercial bank, Khaleeji Commercial Bank.
Latest News
Berkshire Hathaway expressed interest in purchasing assets owned by Unipol. (Photo : Reuters)Berkshire Hathaway's fourth-quarter profit plunged sharply in part on an underwriting loss in its reinsurance business related to life insurance.
CIC VP was quoted as saying that CIC's overseas investment portfolio grew in 2012. (Photo : Reuters)The image is CIC Chairman Lou Jiwei. China Investment Corp, the sovereign wealth fund of China, has reportedly said that it had increased its overseas investment returns by 11% in 2012 after reporting a loss back in 2011.
Dillon, the owner of Chateau Haut-Brion acquires nearby Chateau L'Arrosee. (Photo : Reuters)The image is the standard wine tasting done during a wine auction.
ICA, the largest infrastructure firm in Mexico, is set to sell of part of its shareholdings in OMA to raise funds.
Japan's public pension would undergo changes as the government seeks to buy more equities. Japan's public pension fund stated that it will reduce its holding of local bonds and buy more shares.
Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.
US Bankruptcy Court Judge, Christopher Sontchi granted planned acquisition deal without legal challenge between Micron Technologies Inc. and Elpida Memory Inc.
EMC Corp. has followed Apple's measure of leveraging piled of offshore cash by issuing a debt against it.
Marubeni Corp. is in advanced discussions to takeover Gavilon's energy division at US$5.6 billion.
