UAE Aluminium Firms Merge

UAE's top aluminium firms merge to create a more competitive firm in the Middle East. (Photo : Reuters)The image is the factory of Dubai Aluminium.


Danish FSA Aids Bank, Experimental Hybrid Debt Unleashed

FSA announced that Danish banks will be free to use hybrid debt instruments that has ended bank speculations on the use of equity alone to fulfill lender requirements.

After Two Years, Bank of America Is Finally Set For Settlement Trial

The Manhattan State Supreme Court finally got Bank of America set for trail with its US$8.5 billion settlement with home loans bundled into securities.

SAC Insider: Most Client Cash Will Be Redeemed by 2014

SAC Capital Advisors LP are faced with more clients redeeming their money that is predicted to be all gone by 2014, says SAC insider.


Latest News

Capital spending for Japan slides off to a 5.2% rate in this year's first quarter making Abe face challenges of restoring pledged private investment.
DBS Group Holdings Ltd. has extended the deadline to takeover PT Bank Danamon Indonesia from Temasek Holdings PTE.
Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.
China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.
SAC Capital Advisors LP is bracing for more than US$3.5 billion redemption notices from outside investors.
Mayor Kevin Johnson's efforts to retain the NBA franchise in the city of Sacramento succeeds after its approval by the NBA Board of Governors.
ENRC founders together with the Kazakh government is seeking to privatize the mining firm. The three pillars of Eurasian Natural Resources Corp is set to lead a consortium seeking to privatize the mining firm.
Telecom Italia Chairman Franco Bernabe, through an interview, updates the process of the buyout from Hutchison Whampoa.
Bilfinger is setting its sights to the Asian and North American markets for expansion. Bilfinger SE, the construction and industrial services conglomerate from Germany is planning to expand into Asia or North America through acquisitions.
ISS advises its shareholder clients to accept the bid of Softbank over Dish Network for Sprint. (Photo : Reuters)The image is the logo of the largest US proxy advisor firm, ISS.