Virgin Money Exploring IPO

Virgin Money exploring IPO of Northern Rock. (Photo : Reuters)The image is the logo of Virgin Money. The bank that purchased Northern Rock Plc, Virgin Money Holdings UK, is in the process of searching for advisers to provide assistance for its initial public offer.


Chevron Phillips Chemical Set To Expand To The Middle East

Chevron Phillips is planning a growth program in the Middle East. (Photo : Reuters)The image is the corporate logo of Chevron Phillips. The petrochemical joint venture between US oil firm Cheveron Corp and oil refiner Philips 66, Chevron Phillips Chemical Co, is now exploring ways to increase its presence in the Middle East.

Apollo Tyres Buys Out Cooper Tire and Rubber

Apollo Tyres purchases the shares of Cooper Tire and Rubber to create the seventh largest tire company in the world.

Fitch Warns Vodafone of Kabel Acquisition Repercussions

Fitch ratings warns Vodafone of the effect should the British firm purchase Kabel Deutschland. (Photo : Reuters)The image is the frontage of the corporate headquarters of Fitch Ratings.


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SEO company Conductor Inc. named Jin Caci as its new chief financial officer. (Photo : Reuters)The image is a whole floor of computers in a network. Search engine optimization services provider Conductor Inc.
Nimesh Shah, a former Deutsche Bank researcher and venture capital investor, is named as partner at VC company Domain Associates.
Anacor received a $45 million loan from Hercules Technology Growth, divided into three tranches. (Photo : Reuters)The image is a drug packaging machine in action.
The Colombian government is halting any progress by telecom company Telefonica. (Photo : Reuters)The image is a billboard of Telefonica SA. The government of Colombia is hindering Telefonica SA (TEF) from pursuing expansion in the country said the company's Latin American executive.
Sprint Nextel's merger talks with DISH Network failed as both company cannot agree on a compromise.
Severn Trend slipped after Borealis abolishes previous proposal. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent Plc (SVT) suffered in London trading after being left behind in a previous agreement to pursue Borealis Infrastructure Management Inc.
Euro-area rose amidst negative forcest led by France. (Photo : Reuters)This is a photo of the French and EU flag. The industrial output in the Eurozone has risen despite earlier predictions, mainly due to France's unexpected rebound, giving investors a glimpse of hope to a lomg-awaited revival of the currency bloc's economy from recession.
Rio Tinto's agreement with EDF for its electricity is due on 2016, requiring the mining giant to seek options to improve efficiency and negotiate for a new contract.
Severn Trent rejection of the LongRiver consortium bid causes ripples in the mergers and acquisitions market as well as losses for hedge fund firms anticipating the buyout sale.
Developing countries are the new hotspots for investors in renewable energy according to two studies promoted by the United Nations.