Petrobras is selling off half of its African operations of Petroleo Brasiliero SA. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.
Sectors
Egypt Nears Deal with IMF
Egypt, after two years of political unrest, is nearing the completion of its deal with the International Monetary Fund.
Huishang Bank to list IPO with HK Bourse
Huishang Bank, due to the lack of clarity in the Shanghai Stock exchange, is set to list its IPO in the Hong Kong bourse.
Emerging markets investments very risky - Investors
Investors said that emerging market assets are prone to inflation, making them a very risky place to invest in.
Arabtec Holding Signs US$629 Million Joint Venture Contract
Arabtec Holding announced on Sunday that is has signed a joint venture contract for US$629 million. (Photo : Reuters)The image is the facade of one of the projects of Arabtec.
Latest News
The country of Rwanda has no plans to go back into the sovereign debt market after its successful debut last April.
According to US banking regulator Thomas Hoenig, Deutsche Bank's capital levels are horrible and that the bank is the worst on a list of banks worldwide.
Plans to boost capacity in Indonesia would be reached through the construction of a new Mitsubishi Motors plant in the country.
The government of India sold a sale of a stake in MMTC LTd, an Indian Trading firm, in order to cut off financial deficit.
High yield investors flee from the European junk bond market as funding costs increase. (Photo : reuters) This is an image of investors instenely watching the stock market.
Amidst the investigation against several top officials, Wal-Mart's board votes for James Cash as new Lead Director.
Bank of Japan sets purchase ceiling of 140 billion yen for J-REITS. (Photo : Reuters)The image is a Japanese flag flying high. The Bank of Japan will be purchasing an increasing number of Japanese real estate investment trusts beyond its current purchase scheme.
Spirit AeroSystems, a manufacturer of aeronautics parts and tools, is being investigated by a law office under claims of misrepresentation.
Dole's shareholders sue the company's board to stop it from accepting a deal offered by the company's top executive.
