Reserve Bank of India cracks down on bank regulation violators

The Reserve Bank of India enforces penalties against three banks for money laundering and fraud violations.


Investment Firms Appointed To Post Merger Board For American Airlines

Five board members of the new airline formed from the merger US Airways Group, AMR Corp and American Airlines come from investment firms.

Deloitte Purchases McColl Partners

Deloitte, the tax and advisory firm, has bought McColl Partners. (Photo : Reuters)The image is the logo of the top accounting firms in the US, Deloitte.

Freddie Mac Sells Off Bills At Higher Than Market Rates

Freddie Mac announced a higher than market average value for its three month and six month bonds totalling US$3 billion.


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Britain's second largest pharmaceutical company, AstraZeneca, plans on buying U.S. based Pearl Therapeutics.
European regulators see no issue with the purchase by Delta Airlines of 49% of Virgin Atlantic. (Photo : REUTERS)The Delta airline logo is seen on a strap at JFK Airport in New York According to Delta Airlines, it is expecting the unconditional approval from the European regulatory authorities for its purchase of 49% of Virgin Atlantic.
Dangote Cement sells off 1.5% to an unidentified sovereign wealth fund for 45.8 billion naira. (Photo : Reuters)The image is of Africa's richest man, Aliko Dangote.
Wal-Mart CEO Michael Duke is under fire after allegations of bribery of the Mexican government. (Photo : Reuters)Wal-Mart Stores Inc, which is facing bribery investigations by the U.
Facebook reported a 5.2% gain despite a continuous drop since May 2012. (Photo : Reuters)The image is the company confirmation of its listing in the NASDAQ.
Sprint Nextel is convincing its shareholders to agree to one deal for itself while it participates in the acquisition of Clearwire against the same bedfellow.
Google's US$1.3 billion purchase of Waze would create a ripple effect deep into the Israeli economy.
Emerging markets, including China, South Africa and Turkey, fell 10% from this year's peak. (Photo : Reuters)Kit Digital Inc's former chief executive significantly lowered the price he was willing to pay to buy the video technology provider, citing the company's worsening liquidity and capital structure issues.
S&P, who lowered the credit rating of the US from 'AAA' to 'AA' has improved its outlook from negative to stable in its latest review.
Travelers Cos. buys Dominion of Canada General Insurance Company with $1.1 billion, increasing the company's international reach.