The Monetary Policy Committee would keep the quantitative easing and benchmark interest rate unaltered as the new governor tries to drive UK away from financial problems.
Sovereign wealth funds
Temasek Holdings-- optimistic about China amid recent interbank credit crunch
Temasek Holdings, an investment company belonging to the Government of Singapore, hold on to their stocks of China's top banks.
Carbon Market Glut-Fix Plan gains Approval from EU Parliament
The European Parliament approved a plan that would fix carbon market glut and resolve problems regarding its price plunge.
Astaldi-Led unit wins US$2.3 Billion worth Bosporus Bridge Project
An Astaldi SpA-led unit would build 1.3 kilometer bridge in Turkey and would earn US$2.3 billion. (Photo : Reuters)The photo exhibits a bridge in Turkey that connects the two sides of Istanbul.
India to draft new rules on surplus funds
India's CPSE was urged by the finance minister to either invest its surplus funds or give to those who will.
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Indonesia offered a 7% stake in Newmont mine after long disputes of who should get the share in the copper and gold miner.
Egypt's stocks rose on Monday while headlines are abuzz about its president and the military. (Photo : Reuters)The image shows anti-Mursi protesters gathered at a public cafe while listening to Mursi's speech.
Israel Chemicals would move 20 million tons of Dead Sea Salt for US$1 billion to ease worries from spa and hotel industry.
A strategist noted that politics in Portugal could lead to crisis. (Photo : Reuters)The image shows the logo of EDP Energias de Portugal SA, a Portuguese company.
Serco won a contract with US Department of Health worth US$1.25 billion which resulted to 6.2% soar of its shares.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: - Chinese state oil firm CNPC will buy a stake in Kazakhstan's giant Kashagan oil project, through back-to-back deals with Kazmunaigaz through which ConocoPhillips will exit, the Kazakh state oil firm said on Monday.
China started its investigation on the "dumping" of EU wine in the country. (Photo : Reuters)Chinese authorities started probe on EU wine imports today.
Global shares gained after the metal industry and the yen weakened. (Photo : Reuters)This is the facade of the Bank of Japan. Global shares increased as the metal industry weakened.
France announced sale of its 4.69% stake in ADP, a Paris airport operator to Vinci and Credit Assurances.
