Iron ore rises indefinitely amid Chinese slowdown

Chinese iron ore production and prices continue to rise despite the general decline in base metals trading.


Lanco Infratech, to restructure US$1.3 billion debt

Indian business conglomerate Lanco Infratech begins debt restructuring process. Indian construction company Lanco Infratech Ltd has initiated restructuring debts amounting to INR 75 billion (US$1.

EU, China defuse biggest trade row to date

China and the European Union have agreed on a trade price and concluded a six-week dispute over Chinese solar panels.

France ups stakes in Daimler dispute

France takes legal steps to ban sales of new Mercedes models in line with ongoing dispute about harmful refrigerant.


Latest News

American smartphone maker Apple Inc fails to beat South Korean giant Samsung in the Chinese market. Tim Cook, Apple Inc's Chief Executive Officer, believes that the leading smartphone maker can crack into and dominate the Chinese mobile market.
The possible merger of French company Publicis with Omnicom is expected to topple competitor WPP from the top spot.
China-based developer is set to spend CNY 12 billion for a development in Qianhai thus becoming Shenzhen's biggest investor.
NYC Public Pension Funds seeks to create more partnerships even after it had pledged around US $1 billion to CVC Capital Partners and Apollo Global Management.
Facebook absorbs Monoidics personnel to be part of its team following the social networking site's acquisition of the startup company.
Barclays banks on issuing contingent convertible bonds (CoCos) to meet its obligations. Barclays Plc is looking to issue contingent convertible bonds (CoCos) in order to save money and still meet the three percent leverage ratio imposed by Prudential Regulations Authority, owned by the Bank of England.
The Mahindra Lifespace Developers sealed a joint venture agreement with SCM Real Estate (Singapore) Pvt Ltd, Standard Chartered Bank’s investment unit, to develop residential projects in India.
The GlaxoSmithKline controversy opened the doors of investigation about the misconduct happening in the pharmaceutical industry.
The U.S. government cracks into the insider trading world by weeding out suspects one by one but is it enough?
Private equity firm Silver Lake Management is maintaining its offer of US $13.75 per share for Dell Inc.'s buyout.