Sovereign wealth funds

Yellen to defend Fed's bond-buying program at US Senate

Although US Federal Reserve Vice Chair Janet Yellen would be getting a backlash in the Senate due to her employer's bond-buying program, Louisiana Republican David Vitter was confident Yellen would replace Fed Chairman Ben Bernanke.


Deutsche Bank loan issue overshadowed by new agreements

Deutsche Bank AG said that new rules would not foster business but in the past week alone it had agreed on a couple of business related loans.

New cancer and cleft centers to be built under PPP model in Assam

Assam Chief Minister Tarun Gogoi, in a press conference, discussed the construction of a cancer and surgical cleft center in his state with the help of private entities.

Post shutdown, US businesses boost economy

Employment, salaries, automotive and other industries grow after the sixteen day US government furlough.


Latest News

Queensland Investment Corporation announced the sale of its toll road business Queensland Motorways for USD4 billion.
Standard & Poor's downgraded France's credit rating from AA+ to AA, citing President Francois Hollande's ineffective growth policies.
Estonia revealed its plan to raise a new fund of EUR60 million for the development of a second Skype.
The Swiss National Bank sold the bailout fund of UBS for USD3.762 billion. On Friday, the Swiss National Bank (SNB) said it had sold UBS's stabilization fund back.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
State-owned Tsinghua Unigroup Ltd offered to buy RDA Microelectronics Inc for USD 18 per share. RDA Microelectronics Inc said it received its second buyout offer after more than a month.
The following bids, mergers, acquisitions and disposals were reported on Wednesday The following bids, mergers, acquisitions and disposals were reported on Wednesday:Germany's Siemens agreed to sell the bulk of its water technologies business to private equity group AEA Investors for 640 million euros ($862 million).
A panel from the telecom ministry recommended cutting down the price for wireless spectrum in India.
The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
The Norwegian oil fund sought prevented from investing in specific markets. The opposition Labour Party of Norway had proposed a ban on the country's USD800 billion wealth fund from investing in coal producers.
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