Viktor Vekselberg continues expanding by initiating a bid to buy Schmolz+Bickenbach. (Photo : Reuters)Russian tycoon Viktor Vekselberg gives a speech in an assembly.
People
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.
Kingdom Executive Director, Halawani Resigns
Ahmed Reda Halawani resigned from Kingdom Holding Co. due to personal obligations and commitments as stated by the company in a statement on the Saudi bourse.
Kim: World Bank aims 3% reduction in poverty
World Bank President Jim Yong Kim addressed the aims of the global lender to reduce poverty. (Photo : Reuters)President Jim Yong Kim of World Bank, gives a lecture on global creditor's goals.
Latest News
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.
The Snowden saga caused a major problem on US secret surveillance programs, creating bigger headaches for its former company, Booz Allen Hamilton Corp and Carlyle Group LP.
Evy Hambro of BlackRock Inc said that a few gold miners would go out of business due to slumping prices and increasing costs.
