Capital is not US economy's savior - article

According to an article for Reuters, the banks' notion of capital being the US economy's savior was a farce.


Rates increases may dampen US real estate recovery

Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.

Apple iPhone 5S store pickup to start next week - sources

According to two sources who told a breaking news blog, Apple Inc would be making the iPhone 5S store pickup option available as early as Monday next week.

Alfa plans IPO of its food unit

Alfa, the Mexican conglomerate, had laid out plans to conduct an IPO of its food subsidiary Sigma Alimentos.


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Arkansas is the first of many states in the US that would receive funds for Medicaid expansion under Obamacare.
Greencoat, fresh from its IPO, purchases two wind farm projects from BayWa at a total cost of GBP70 million.
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Sino Ocean Land Holdings sold off new shares to China Life Insurance Co and the Nan Fung Group. One of the largest real estate developers in China, had said it would be raising USD808 million through the sale of new shares.
The conflict between heads in Intesa Sanpaolo may come to a head next week as Supervisory Board Chair Giovanni Bazoli meets with CEO Enrico Cucchiani.
An IPO or share sale by end of 2014 would be preferred mode of exit, according to TUI AG CEO. One of the shareholders in Hapag-Lloyd AG, TUI AG, has laid out plans to exit from its stake in Germany's biggest container shipping company.
According to a VW spokesperon, the trading volume at the London Stock Exchange was too low as against the administrative costs required.
Compiled reports by The Next Web confirmed news that Samsung Electronics Co Ltd would be region-locking almost all of its Android phones.
One Thousand & One Voices, a private equity movement, announced the opening of its first office in Johannesberg, South Africa and its new private equity team.
Peugeot still is waiting on Dongfeng's investment while Chang'An Auto is all out in a venture with the French carmaker.