Sovereign wealth funds

Essar Group plans bids for water infrastructure projects

Essar Group planned to bid for water projects in India. The Essar Group said it intended to make bids for various water projects in India. Essar Concessions India Ltd Chief Executive Officer Neeraj Sanghi said they planned to bid for water distribution and sewage plants and desalination facilities.


Bega Cheese gets regulator approval for Warrnambool Cheese bid

An Australian regulator approved the bid of AUD 407 million of Bega Cheese Ltd for the acquisition of Warrnambool Cheese & Butter Factory Co.

US stocks fall as Federal Reserve retains bond buying program

The Federal Reserve announcement that it would continue with its monthly bond purchases caused US stocks to drop.

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.


Latest News

Saudi Arabian Prince Alwaleed bin Talal's Kingdom Holdings is preparing to purchase more shares in Twitter when its IPO comes around.
Ally Financial wrote down a USD170 million charge for its third quarter earnings after reaching a settlement with two US housing regulators.
The permanent eternal flame was brought back to light the gravesite of JFK after its repair. The eternal flame marking the gravesite of former US President John F.
An anonymous People's Bank of China (PBOC) official had met with local money dealers in the bank's efforts to stave off investor worry about rising short-term rates.
IMF department director Anoop Singh said Japan Prime Minister Shinzo Abe's economic stimulus program had helped the economy of Japan against the effects of the reduction of securities purchases by the US Federal Reserve.
A report from the Associated Press revealed that more US troops were taking refuge in military lipo to meet strict physical fitness requirements.
The New York Fed was looking more closely at mortgage real estate investment trusts, according to a report from the Financial Times.
An estimated USD 28 million worth of bitcoins was confiscated by authorities from the computer hardware of Ross William Ulbricht.
If the new airline becomes profitable, expansion through acquisition of other airlines in the European countries would be next on the agenda for Air Serbia, according to Deputy Prime Minister Aleksandar Vucic.
In nixing the deal to allow the exit of Marathon Oil, a below market offer would be made shortly by the Libya owned NOC for the shareholdings.
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