Stanford Marine Groups prepares for its debut in the London stock market, hires heavyweight investment bankers.
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US Fed says it will stick with bond buying policy
The US central bank said it was going to continue its purchases of bonds worth USD 85 billion a month to keep interest rates low.
F-35 hits first ground target
The F-35 fighter jet dropped its first bomb to hit a ground target in its first delivery test. The Pentagon said F-35 fighter jet hit its first ground target in a delivery test.
Eurobank should sell shares, says Hellenic Fund
Eurobank Ergasias SA failed to meet it capital requirements may now be force to sell shares at losing price.
Goldman Sachs' veteran leaves for Comcast
Jason Armstrong, lead analyst of Goldman Sachs, will work at Comcast to head investor relations. Goldman Sachs Group Inc. veteran Jason Armstrong is said to be leaving and would become Comcast Corp.
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The term sheet indicated a USD150 million note with a maturity of five years for Modern Land offered to the bond market.
Deutsche Bank China was granted an interbank bond settlement license. An interbank bond settlement agent license was obtained by Deutsche Bank China from the People's Bank of China.
The five year USD300 million Singaporean backed note is now bring priced at the higher range indicating high demand.
Firms stand to earn nearly USD50 million from the Twitter IPO. During the visit of Twitter to New York last week, executives of JP Morgan Chase & Co had mingled outside their offices with jackets emblazoned with the logo of the microblogging site.
Microsoft sought an approval from the European Commission to take over Nokia's phone business in USD7.49 billion deal.
WebMD's acquisition of tech startup Avado would help the healthcare resource website regain its position back as a market leader.
Majority of the economists deduced that the size of the US Federal Reserve's bond-buying program would not be tapered.
To provide credence to their power to fine, the Telecommunications Department had a legal opinion drafted on the matter.
PayPal's startup initiative might have been the company's way of giving back to its customers as the payment services company's growth continued to climb to astronomical heights.
