After China's interest in the Pak-Iran pipeline project, the ties between the two countries are said the have been strengthened.
Sectors
Money Influx Hurts China Rates
Money influx hurt China money market rates. Money market rates fell after the Chinese government announced injection of funds into an interbank market system.
Unilever Increases Stake by 67% in Indian unit
Unilever announced increased in stake holdings for Hindustan Unilever, the company’s Indian unit, for Eur2.45 billion.
Tetra Pak Under Probe In China
China probes Tetra Pak for possible market dominance China probes Tetra Pak, the world renowned Switzerland-based food-packaging company for any possible abuse when it comes to market dominance.
Dalradian's Colin Benner Resigns from Board
Colin Benner, founding board member of Dalradian, resigned from the company's board on Thursday.
Latest News
Because of the strong commitments to European Central Bank and Bank of England's easy money policies, Japan's Nikkei share average soared to a five-week high.
Unilever was unable to raise its holding in Hindustan Unilever Ltd (HUVR) to its goal of 75%. (Photo : reuters. com)Unilever seeks to gain 75% control of Unilever Hindustan Unilever's public offer of INR600 a share to gain higher control over Unilever Hindustan was met with lukewarm response.
Disagreement as to how much was offered for 632 Lloyds Banking Group PLC ensued between NBNK Investments PLC owner Peter Levene and the Lloyd's CEO Antonio Horta Osorio.
ZMDC is considering getting listed at the Zimbabwe Stock Exchange, said the mines minister. (Photo : Reuters)These are flags of Zimbabwe. The government of Zimbabwe is considering listing its state controlled interest mining vehicle Zimbabwe Mining Development Corporation on the Zimbabwe Stock Exchange.
Canada's banks are striving to make Toronto a yuan currency trading hub, which would a first in North America.
Diageo Plc, the world's largest distiller acquired control of United Spirits Ltd (UNSP), a well-known maker of Bagpiper whiskey in India.
ECI Partners exited Clinisys. (Photo : Reuters)This is the logo of ECI. ECI Partners, among the most successful private equity groups based in the United Kingdom, exited CliniSys.
Stolt-Nielsen Limited announced the withdrawal of Transpetrol from joint venture (Photo : Reuters)Stolt-Nielsen Limited announced Transpetrol's withdrawal from joint venture Stolt-Nielsen Limited made the announcement that Transpetrol Gas Holdings Limited (Transpetrol) opted to buy back gas carriers that they sold to Avance Gas Holding Ltd (AGHL).
John Garland created an 888 Fund which aims to attract the wealthiest investors in Asia. (Photo : Reuters)This is an Australian dollar. John Garland, a businessman from Perth, Australia, formed an investment fund in an attempt to attract Asia's wealthiest investors to the Australian market.
