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Carlos Slim unfazed by new Mexican Law aimed towards communications companies

Investors aren't so sure as to the direct outcome of Mexico's new law toward communication companies.


BOJ remains steady on monetary policy, bond markets volatility and other risks

Japan's central bank holds back on new measures to calm turbulent markets. (Photo : REUTERS) Central bankers considered the idea to extend the maximum duration of cheap, fixed-rate funds offered via market operations from one year to two years.

Hyundai Rotem (South Korea) goes public

Hyundai Rotem IPO is now official. KOSPI gives the go signal for Hyundai Rotem Co's IPO. This forecasts high gains for its majority holders Hyundai Motor and Morgan Stanley.

JBS buys Seara Brasil and Zenda from its rival Marfrig

Marfrig gets rid of it $6.1 billion debt burden, through JBS buy-out. (Photo : REUTERS)JBS employee Seara Brasil and Zenda, Marfrig's subsidiaries are sold to its rival JBS.


Latest News

Japan's SoftBank announced on Monday an increase in their initial offer to counter bid by Dish Network.
Billionaire Lucio Tan is considering to exit the aviation industry by means of share sale after two decades in the business.
Robert Ramnarine, former Bristol-Myers executive pleaded guilty to the insider trading charges filed against him.
UK-based private equity house WestBridge Capital appoints Pascal Wittlet as senior investment manager and relocates new offices in London to accommodate growing team.
Eighties software giant Manman's founder managed to raise $33 million for her new company, Kenandy.
Kapil Siba, Indian Communications Minister, has called to meet different telecom companies to end lawsuits after a decrease in overseas investment transpired in the country.
Big debts are seen looming as bold bets on acquisition from two Thai billionaires totaled US$27 billion last year.
Raiffeisen Bank International Chairman says that it would tighten compliance rules due to the latest Stepic controversy.
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.
New York Stock Exchange may surrender some of its shares in the US stocks to put an end to large trading incentives.
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