Khazanah, the Malaysian sovereign wealth fund has sold off part of its shareholdings in Tenaga Nasional Bhd.
Sectors
McGraw Hill Financial Invests Further in Crisil
McGraw Hill Financial, the parent company of Standard and Poor's is investing further in Indian credit agency Crisil.
Expected Increase in Production of Robusta Coffee Sends Futures Spiraling
The production of Vietnam’s robusta coffee, which is used as the primary ingredient for instant coffee, is expected to increase in 15 months, sending its futures to its biggest nosedive since 2009.
PPR Prepares Spin Off Of Non-Luxury Assets
PPR is preparing to spin off its Fnac book and electronics stores. (Photo : Reuters)The image is of PPR CEO speaking before shareholders. The French company that owns the Gucci brand, PPR SA, is in the process of spinning off its Fnac book and electronics stores.
Exor Sells off SGS Stake to GBL
Exor sells off its 15% share in SGS to help in the Fiat acquisition of Chrysler. (Photo : Reuters)The image is the corporate logo of Exor, the holdings firm.
Latest News
UAE's top aluminium firms merge to create a more competitive firm in the Middle East. (Photo : Reuters)The image is the factory of Dubai Aluminium.
FSA announced that Danish banks will be free to use hybrid debt instruments that has ended bank speculations on the use of equity alone to fulfill lender requirements.
At age 69, the UBS wealth management senior vice president George Weiler III died after suffering a heart attack.
The Manhattan State Supreme Court finally got Bank of America set for trail with its US$8.5 billion settlement with home loans bundled into securities.
London's luxury homes experience the smallest gains since 2009 as the decline was listed at 0.3% from December of last year.
SAC Capital Advisors LP are faced with more clients redeeming their money that is predicted to be all gone by 2014, says SAC insider.
Brent Crude trades lower than US$100 per barrel after OPEC keeps its production target constant. (Photo : Reuters)A gas station employee filling up a vehicle.
Shanghui International Holding Ltd. stated its key to success from acquiring Smithfield Food Inc. Wan Long, the chairman of Shuanghui International Holdings Ltd.
Capital spending for Japan slides off to a 5.2% rate in this year's first quarter making Abe face challenges of restoring pledged private investment.
