The U.S. Conference of Mayors said President Barack Obama's financial plan would hurt the economy.
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Nokia CEO says synergies not part of NSN deal
Nokia CEO Stephen Elop said that the company has not considered synergies in its acquisition of the stakes in Siemens.
MST Capital Pty Led By Gerard Satur Sourced Funds for Baruch Global Macro Fund
Baruch Global Macro Fund to shadow strategies set by Gerard Satur. (Photo : Reuters)Former UBS Trader turned to investors to set up Baruch Global Macro Fund Gerard Satur, former UBS AG (UBSN) trader raised worth AUS $10 Million from various investors to form a global macro strategy group which will commence operations within day.
Carney, advised to pioneer lending to small firms using GBP1 billion
Mark Carney, the bank of England's new governor was urged to set aside GBP1 billion for small businesses to ais in UK's recovery.
Talk Resumes For Greece and International Lenders for Euro 8.1 Billion Bailout
Government sees positive results from negotiations. (Photo : Reuters)Greece Prime Minister talks about 8. 1 Billion Euro Bailout The Greek government led by Prime Minister Antonis Samaras was hopeful as talks commence regarding the release of funds by the IMF or the International Monetary Fund, the European Union and the European Central Bank.
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Pekao, after failing to purchase Nordea Bank Polska, is now seeking out new acquisitions. (Photo : Reuters)The image is the corporate logo of Bank Pekao SA.
Viktor Vekselberg continues expanding by initiating a bid to buy Schmolz+Bickenbach. (Photo : Reuters)Russian tycoon Viktor Vekselberg gives a speech in an assembly.
Senior vice minister Nishimura said that Japan needs a plan to boost growth. (Photo : Reuters)The image is a stack of Japanese yen. Yasutoshi Nishimura, senior vice minister for fiscal policy and economics, said that Japan must embrace new and solid growth measures to help the economy endure an upcoming consumption tax increase and other red ink reduction efforts.
Eurobank names Megalou as its new chief executive officer. (Photo : Reuters)The image shows a person coming out from a Eurobank branch. Eurobank, among the largest lenders to Greece, should follow an autonomous and more independent course, said its new chief executive officer on Friday.
Gundlach said that now is the time to buy riskier bonds as the bond market selloff is near to end. (Photo : Reuters)This is DoubleLine Capital's head Jeffrey Gundlach.
SAC Capital’s Steven A. Cohen invoked his right to the Fifth Amendment after being summoned to testify before a grand jury about insider trading in his company.
Great Pacific Industries Inc. announced a proposed takeover bid for privatization valued at C$37 billion for Sun-Rype Products Ltd.
Bank of America Corp, the second biggest bank in the US by asset announced its new investment banking vice chairman, John Binnie from Moelis & Co.
Boyu seeks US$1.5 billion in its second offering after it has gained US$1 billion in its first fund in 2011, according to sources.
