NEWS
May 2011
31 May 2011
Sprint Nextel has formally asked U.S. regulators to block AT&T Inc's proposed $39 billion purchase of T-Mobile USA...
31 May 2011
Fixed income trading revenue is falling, and some of the best minds on Wall Street disagree on whether this is temporary weakness or slow death...
31 May 2011
South Korea's Samsung Heavy Industries said on Tuesday that it had won a 3.28 trillion Korean won ($3 billion) ship order from Shell Development (Australia) Pty Ltd...
31 May 2011
Barrick Gold said on Tuesday it has won unconditional approval from Zambian authorities for its proposed acquisition of base metal miner Equinox Minerals...
31 May 2011
Britain's Serious Fraud Office has launched an investigation into alleged bribery of Saudi officials by a British-based unit of the European defence group EADS...
31 May 2011
After years of resistance, the lucrative practice of high frequency trading is growing across Asia, driven by market demand, stock exchange consolidation and greater acceptance among regulators...
31 May 2011
E.ON, Germany's largest utility, is to sue the government for billions of euros in damages arising from the decision to abandon nuclear power within the next decade...
31 May 2011
South Africa approved Wal-Mart's $2.4 billion bid for local retailer Massmart with minimal conditions on Tuesday, giving the world's top retailer a big boost in its plan to expand in fast-growing Africa...
31 May 2011
Ashland Inc is buying International Specialty Products Inc for $3.2 billion cash, part of the chemical maker's plan to bolster its already strong roster of products for the skin care, drug and energy sectors...
31 May 2011
A group led by Clayton Dubilier & Rice (CD&R) agreed to buy French engineering group Spie in a deal valuing it at 2.1 billion euros...
31 May 2011
French retailer Casino said on Tuesday that it had filed a request for international arbitration against the Diniz group, its partner in Brazilian retail giant Grupo Pao de Acucar...
31 May 2011
Gold held near its highest in almost four weeks in volatile trade on Tuesday as lingering fears about a Greek debt default overshadowed a rebound in the euro, while silver was heading for its biggest monthly decline since 2008...
31 May 2011
Francisco Valim Filho, who is stepping down as director general of credit rating firm Serasa Experian, will take the helm of Oi as the Brazilian telecom giant attempts to simplify its corporate structure...
31 May 2011
Danish industrial group NKT Holding's 51 percent-owned NKT Flexibles unit has won a record deal worth up to $1.86 billion to supply flexible pipes to Brazilian oil and gas company Petrobras...
31 May 2011
U.S. investors in the East Mediterranean Gas Co (EMG) have taken legal steps against the Egyptian government to ensure gas flow resumes to Israel...
31 May 2011
There had been strong interest from parties looking to buy a stake in ammonia producer Burrup Fertilisers, the debt-laden company's receiver PPB Advisory said on Tuesday...
31 May 2011
The chairman of Brazilian retail giant Grupo Pao de Acucar approached Carrefour to discuss a potential merger, in part prompted by concerns that other rivals could bid for the French retailer's Brazilian unit...
30 May 2011
Dubai Financial Market (DFM) said its brokers and custodians are fully ready to implement a new settlement system as the region seeks an upgrade to emerging market status from influential index complier MSCI...
30 May 2011
EU regulators opened on Monday in-depth probes into two takeover bids in the computer hardware sector involving two Asian companies and two U.S. peers...
30 May 2011
Israel's Infrastructure Ministry said on Sunday it has instructed U.S.-firm Noble Energy not to resume drilling at the Leviathan natural gas field until it provides details about an earlier mishap, sending energy shares sharply lower...
30 May 2011
China's securities watchdog has approved an initial public offering plan from Founder Securities, the Chinese partner of Credit Suisse...
30 May 2011
Fortis Inc said on Monday it agreed to acquire Central Vermont Public Service Corp in a deal worth $470 million that gives Fortis a foothold in the U.S. utility market...
30 May 2011
The Royal Bank of Scotland Group Plcand its local Chinese partner launched their joint venture Huaying Securities on Monday...
30 May 2011
Hermes wants larger rival LVMH to halve its stake as a way of boosting the number of outstanding traded shares in the French luxury goods maker...
30 May 2011
Australia's government urged companies on Monday to tighten vigilance over cyber attacks launched offshore against some of the world's biggest resource firms and other businesses, warning high-tech threats were intensifying...
30 May 2011
KT Corp , South Korea's second-biggest mobile operator, said on Monday that it had agreed with Japan's Softbank Corp to set up a cloud computing joint venture worth $65 million...
30 May 2011
France's Total has acquired a 25 percent stake in Qatar's Block BC offshore exploration license...
30 May 2011
Singapore-based Tanker Pacific, hit by U.S. sanctions last week for trade with Iran, said its ships were allowed under international law to dock in the Islamic state's ports...
30 May 2011
The fund BP set up to deal with compensation claims after 2010's Gulf of Mexico oil spill is starting to wind down after paying out around $4 billion of the $20 billion set aside by the oil firm...
30 May 2011
Iraq's trade ministry has cancelled direct cash purchases of essential food items, such as sugar, wheat and rice, as a measure to halt corruption...
29 May 2011
China National Petroleum Corp (CNPC) has received its first cargo of crude oil as payment for helping to develop Iraq's Rumaila oilfield...
29 May 2011
Luggage maker Samsonite, backed by private equity firm CVC Capital Partners , set an indicative price range of HK13.5 to HK$17.5 for its $1.5 billion initial public offering in Hong Kong, a source with direct knowledge of the deal told Reuters on Monday...
29 May 2011
As China tries to cope with what may be its worst power shortage in years, coal demand from the world's biggest consumer is likely to take centre stage at one of Asia's largest coal industry gatherings in Indonesia next week...
27 May 2011
NYSE Euronext, Nasdaq OMX Group and London Stock Exchange Group Plc have made offers for European clearinghouse LCH.Clearnet...
27 May 2011
A court has cleared the way for Ottawa to seek penalties of up to C$10,000 a day against U.S. Steel for allegedly breaking job-protection promises made when it bought Canadian steelmaker Stelco...
27 May 2011
The U.S. IPO market is more than triple where it was at this time last year, and listings by foreign companies are booming...
27 May 2011
Google Inc and Facebook Inc failed to win dismissal of a lawsuit by a New York company related to software designed to let people take part on social networks through their mobile phones...
27 May 2011
A former Nvidia Corp financial analyst pleaded guilty on Friday to a criminal charge in the U.S. probe…
27 May 2011
Eva Airways Corp has agreed to plead guilty to being part of a broad conspiracy to fix the price of air cargo shipping and will pay a $13.2 million (8.0 million pounds) fine...
27 May 2011
A New York judge rejected Morgan Stanley's bid to throw out a lawsuit accusing the bank of fraudulently inducing bond insurer MBIA…
27 May 2011
Independent wealth manager CI Financial said on Thursday that Ontario regulators had overturned a decision by the Toronto Stock Exchange…
27 May 2011
In an industry first, drugmaker AstraZeneca is scrapping payments for doctors to attend international medical congresses...
27 May 2011
Struggling carmaker Saab said it would restart production by noon on Friday after an idle of almost two months due to a cash crunch, in time for a first visit by would-be Chinese partner Pangda...
27 May 2011
The Australian government upheld a tax-office ruling that raises costs for foreign private equity firms in the country, a move an industry body said comes as a blow to overseas interest in the $23 billion buyout sector...
26 May 2011
EBay and its online payment unit, PayPal Inc, sued Google Inc and two executives for stealing trade secrets related to mobile payment systems...
26 May 2011
Luxury goods group Burberry intends to seek a listing in Hong Kong in a bid to tap the China market, the Hong Kong Economic Journal reported on Friday...
26 May 2011
South Korea's No.4 lender Hana Financial Group is in talks with Lone Star to buy a smaller, 10 percent stake in Korea Exchange Bank (KEB) as an option to keep their $4.3 billion deal alive, a source said on Friday...
26 May 2011
MGM China, the venture between MGM Resorts International and casino mogul Stanley Ho's daughter Pansy Ho, priced its initial public offering at HK$15.34 a share, the top of its indicative range...
26 May 2011
Citigroup Inc sought to dismiss an effort by Lehman Brothers to recover $1 billion in collateral that the investment bank was forced to post when it was teetering on bankruptcy in the fall of 2008...
26 May 2011
U.S. securities regulators outlined on Thursday an alternative way of merging U.S. and international accounting standards…
26 May 2011
U.S. securities regulators outlined an alternative way of merging U.S. and international accounting standards that could keep down transition costs, especially for small issuers...
26 May 2011
A former Nasdaq executive, Donald Johnson, pleaded guilty on Thursday to one count of securities fraud…
26 May 2011
U.S. oil refiner Tesoro has bought a cargo of crude oil from eastern Libyan rebels to run in its Hawaii refinery...
26 May 2011
The Alberta Investment Management Corp could spend as much as C$700 million ($715 million) on private equity acquisitions in the next 12 months, and as much as C$2 billion in the next three to four years...
26 May 2011
South Korea's financial supervisor is seeking to step up regulations against unfair trading such as stock market manipulation...
26 May 2011
Argentina's Banco Santander Rio S.A. filed with U.S. regulators to raise up to $100 million in an IPO of ADS...
26 May 2011
The LSE faced an increasingly bitter battle for control of Canadian peer TMX Group – and its own destiny – after rival bidder Maple Group took its higher offer directly to shareholders...
26 May 2011
United Arab Emirates-based Royal Oyster Group, one of the companies facing U.S. sanctions for trade with Iran, denied it was involved in importing fuel to the country...
26 May 2011
Dubai flagship carrier Emirates' groundbreaking attempt to allow investors in its planned dollar bond to seize assets if it cannot repay could be undermined by conflicting laws in the country...
26 May 2011
The day after bringing its biggest case of oil market manipulation ever, a U.S. regulator warned those trying to rig the commodities markets that they will be hunted down...
26 May 2011
Brazilian retailer Grupo Pao de Acucar denied it is in talks with rival Carrefour about merging their units in Latin America's biggest economy...
26 May 2011
LinkedIn Corp will seek out opportunities in China to capitalise on its massive user base even though it sees the market as complicated, a company executive said on Thursday...
26 May 2011
A divided U.S. Securities and Exchange Commission approved a new program that would compensate whistleblowers whose tips lead to sanctions of over $1 million...
26 May 2011
InterContinental Hotels Group Plc (IHG) has signed a management deal with China's Poly Real Estate Group Co Ltd to cooperate on developing and managing hotels in China, IHG said in a statement on Thursday...
26 May 2011
Convicted felons and other "bad actors" would be banned from soliciting investors for some private placements under a new rule proposed on Wednesday by the U.S. Securities and Exchange Commission...
26 May 2011
He rose from humble working class origins to become the shipping world's leading magnate by following his gut instincts and taking huge risks...
26 May 2011
Israel is sitting on at least $150 billion in future revenues following the discovery of vast offshore gas deposits, its finance minister said on Wednesday, and hinted that the final figure could be much higher...
25 May 2011
Delphi Automotive filed to raise up to $100 million in an initial public offering, the U.S. auto supplier said in a securities filing on Wednesday, less than two years after emerging from bankruptcy...
25 May 2011
SandRidge Permian Trust filed with U.S. regulators on Wednesday to raise up to $720.9 million in an initial public offering of its common units and use the proceeds to repay debt...
25 May 2011
Saudi firm Kingdom Holding and Bahrain's Batelco are still in talks to acquire a quarter-percent stake in telco Zain Saudi...
25 May 2011
Saudi Telecom Co's Indonesian subsidiary NTS signed a $1.2 billion financing deal...
25 May 2011
California Pizza Kitchen Inc agreed to be acquired by private equity firm Golden Gate Capital for $470 million, more than a year after its hunt for a buyer began...
25 May 2011
Watson Pharmaceuticals Inc has acquired privately held generic drug developer Specifar Pharmaceuticals SA for $562 million in cash, expanding its global footprint...
25 May 2011
The U.S. Treasury made a small profit when it sold a portion of its shares in American International Group Inc, but it was unclear how its investment in the beleaguered insurer will ultimately fare...
25 May 2011
China's efforts to grow its banking presence overseas are coming under criticism for the limited results they have produced so far, while costing shareholders a significant sum of money...
25 May 2011
Zynga Inc may file for a multibillion-dollar IPO as early as this week, tech blog AllThingsDigital reported, as the maker of the Farmville and Mafia Wars games for Facebook heads toward a long-awaited market debut...
25 May 2011
Abu Dhabi's Aabar Investments raised 1.25 billion euros ($1.76 billion) from the sale of bonds exchangeable into the German automaker Daimler's stock...
25 May 2011
Marathon Oil Corp said on Tuesday that a plan to spin off its refining business in a tax-free transaction received approval from U.S. tax regulators...
25 May 2011
Oi, Brazil's largest telecom group, said it would simplify its complex shareholder structure, making it more transparent to investors as part of a plan to cut costs...
24 May 2011
Washington Mutual Inc has struck a tentative deal to end its bankruptcy by essentially giving shareholders tax breaks that they have argued are worth billions of dollars...
24 May 2011
A top U.S. lawmaker is asking the Securities and Exchange Commission to explain how the country's top financial regulator handled its oversight of...
24 May 2011
Oman Investment Fund, a sovereign wealth fund owned by the Oman government, and a hedge fund have agreed to buy part of the National Stock Exchange's stake in the...
24 May 2011
The Securities and Exchange Commission (SEC) is probing whether two major banks made proper representations to pension-fund clients about how their currency trades would be handled and priced...
24 May 2011
Chrysler Group LLC was set on Tuesday to repay $7.5 billion in U.S. and Canadian government loans from its 2009 federal bailout, a move that will allow the U.S. automaker to distance itself from...
24 May 2011
Jackson Hewitt Tax Service Inc filed for Chapter 11 bankruptcy, as the second largest U.S. tax preparer finally reached an agreement with its lenders on how to restructure its debt...
24 May 2011
FPIC Insurance Group Inc said it agreed to be bought by the Doctors Company for about $362 million in cash, joining the consolidation in the medical malpractice insurance business...
24 May 2011
Russian internet search firm Yandex's initial public offering was oversubscribed by 17 times, a source said, as analysts predicted big price gains when its stock starts trading on the U.S. NASDAQ exchange...
24 May 2011
Leap Wireless International Inc is opposing AT&T Inc's planned $39 billion acquisition of T-Mobile USA on the grounds that it would harm consumers...
24 May 2011
Brazilian oil company PetroReconcavo and its shareholder Petrosander filed to sell shares on the local stock market amid a boom in exploration and production activity...
24 May 2011
Nestle SA, the world's biggest food group, agreed to buy U.S. gastrointestinal diagnostics firm Prometheus Laboratories for an estimated $1.1 billion as part of the Swiss group's drive into...
24 May 2011
The U.S. Commodity Futures Trading Commission has boosted its enforcement efforts, filing 14 percent more cases in 2010 than in the previous year...
24 May 2011
Canada's Valeant Pharmaceuticals International Inc said it will buy Lithuania-based AB Sanitas for about 314 million euros ($442.9 million) in cash, to expand its European branded generics product portfolio...
24 May 2011
Indonesia's state oil and gas firm Pertamina plans to spend $1.5 billion raised from global bond issues to invest in Angola and to develop its wells in Cepu and West Madura blocks...
23 May 2011
Jewellery retailer Chow Tai Fook, controlled by billionaire Cheng Yu-tung, has mandated Goldman Sachs , HSBC and JPMorgan for its planned initial public offering in Hong Kong, IFR reported late on Monday...
23 May 2011
Tokyo Electric Power Co , the operator of the Fukushima Daiichi nuclear power plant disabled by the March 11 earthquake and tsunami, confirmed that there were meltdowns of fuel rods at...
23 May 2011
Back in 2007, Premier Wen Jiabao called the Chinese economy increasingly unstable, unbalanced, uncoordinated and ultimately unsustainable. He has used the same language this year and...
23 May 2011
Individual investors are wading back into the market nearly three years after the financial crisis, but some U.S. brokerage executives said their customers remain cautious...
23 May 2011
A bankruptcy judge gave the go-ahead on Monday for creditors of DBSD North America to vote on the bankrupt company's proposed $1.4 billion sale to Dish Network Corp...
23 May 2011
Executives and officials from the technology industry joined Reuters reporters at the Technology Summit in Paris and New York last week...
23 May 2011
The board that writes the rules for the $2.9 trillion U.S. municipal bond market said it will file a raft of regulations on financial advisors with the federal government in June...
23 May 2011
Hong Kong luxury menswear store operator Trinity Ltd , which last year bought Italy's Cerruti, said on Monday that it is looking to acquire more heritage brands in Europe for its expansion in China...
23 May 2011
Johnson & Johnson agreed to buy several over-the-counter medicines sold in Russia from J B Chemicals and Pharmaceuticals Ltd for about $260 million...
23 May 2011
LinkedIn's professional networking website has security flaws that makes users' accounts vulnerable to attack by hackers who could break in without ever needing passwords, according to a security researcher who identified the problem...
23 May 2011
Fire safety products maker China Fire & Security Group Inc said it agreed to be acquired by Amber Parent Ltd…
23 May 2011
Hartford Financial Services Inc said it would sell a small Florida bank that it used to receive U.S. government bailout funds at the height of the financial crisis...
23 May 2011
A Nigerian firm backed by private equity group Helios Investment Partners and South Africa's Shanduka Group is suing South Africa's Telkom for at least $251 million...
23 May 2011
Schawk Inc, a provider of digital imaging graphic services, said it may face U.S. Securities and Exchange Commission civil charges relating...
23 May 2011
Upscale British shoemaker and retailer Jimmy Choo was bought by luxury goods group Labelux from TowerBrook Capital Partners LP...
23 May 2011
The U.S. Justice Department filed a lawsuit to prevent H&R Block Inc from acquiring 2SS Holdings Inc, developer of the TaxACT digital tax preparation business, because it would hurt competition...
23 May 2011
Fund of hedge fund firms Saguenay Capital and Strathmore Capital are to merge to form a manager with $2 billion in assets...
23 May 2011
Shoemaker Steve Madden said it bought privately held Topline Corp for $55 million in cash, in a bid to bolster its private label footwear business...
23 May 2011
Britain's Green Investment Bank (GIB) will start lending money to fund low-carbon energy projects from April 2012, a year earlier than initially planned, Deputy Prime Minister Nick Clegg said...
23 May 2011
TMX Group, operator of the Toronto Stock Exchange, said its board has rejected a C$3.6 billion ($3.7 billion) takeover bid from a group of Canadian banks and pension funds...
23 May 2011
U.S. Senate investigators probing an insider trading case at $13 billion hedge fund SAC Capital Advisors will also look at its options trading...
23 May 2011
The European Union significantly expanded its sanctions against Iran on Monday, reflecting mounting frustration over a lack of progress in nuclear talks with Tehran, EU diplomats said...
23 May 2011
China's largest listed car distributor Pangda Automobile Trade Co Ltd has started initial procedural talks to gain Chinese regulatory approval to invest in Swedish car maker Saab...
23 May 2011
Hua Nan's Global Luxury Goods Fund will maintain its core holdings in industry leaders such as luxury goods group LVMH and French retailer PPR as they continue to benefit from solid demand in...
23 May 2011
India's Aditya Birla, JSW Steel, and Jindal Steel and Power are among firms shortlisted to bid for Australian coal explorer Bandanna Energy as part of a billion-dollar-plus sale, sources said on Monday...
23 May 2011
German property firm Prime Office aims to launch its initial public offering (IPO) in the regulated Prime Standard index of Frankfurt's stock exchange and on the Munich exchange this European summer, the group said...
23 May 2011
Orascom Telecom has made scant progress resolving its row with Algeria but a solution may be more likely now, its chairman said, speaking after changes at the Egyptian mobile company and inside Egypt...
22 May 2011
A powerful Republican lawmaker is investigating possible insider trading at SAC Capital Advisors LLP, highlighting increased public scrutiny of potential wrongdoing by hedge funds...
22 May 2011
Telecom Italia SpA is interested in buying fibre optic grid company AES Atimus, la Repubblica newspaper reported on Saturday, as it looks to bolster growth in Brazil...
20 May 2011
Rock-Tenn Co cleared a legal hurdle in its drive to acquire larger paper and packaging rival Smurfit-Stone Container Corp for $3.5 billion after a judge refused to block the deal...
20 May 2011
U.S. stock exchanges make a lot of money from listing Chinese companies, but that business may come back to haunt them...
20 May 2011
The bookstore chain Borders Group Inc asked a bankruptcy court judge to extend the time during which it has exclusive rights to propose a reorganization plan to its creditors...
20 May 2011
Orange and Barclaycard will launch Britain's first mobile payments service on Friday, which will allow shoppers to make small payments in stores using their cellphones...
20 May 2011
The increased use of the Chinese yuan in trade and investment settlement will pave the way for the currency to become fully convertible, although the process will be gradual, central bank governor Zhou Xiaochuan said on Friday, without offering any time frame...
20 May 2011
Raj Rajaratnam's wrongs have hidden the flaws of insider trading laws. The crimes that the Galleon Group founder committed were clear…
20 May 2011
When International Coal Group Inc announced plans this month to sell itself, investor lawsuits challenging the deal were quickly filed in state courts in Delaware and West Virginia...
20 May 2011
FrontPoint Partners, a $4.5 billion hedge fund firm that became ensnared in a U.S. government insider trading probe last year...
20 May 2011
Catwalk powerhouse Prada moved a step closer to its planned $2 billion initial public offering after receiving approval to list its shares in Hong Kong...
20 May 2011
MOEX, a unit of Japanese trading house Mitsui & Co, and partner in BP Plc's doomed Macondo well has agreed to pay the UK oil major $1.1 billion toward the cost of the Gulf of Mexico oil spill...
20 May 2011
Hong Kong property developer Cheung Kong (Holdings) Ltd expects housing prices in Hong Kong, which has some of the most expensive apartments in the world, to stabilise rather than rise, Vice-Chairman Victor Li said on Friday...
20 May 2011
Struggling music, books and games retailer has agreed to sell its Waterstone's bookchain to Russian billionaire Alexander Mamut, using the 53 million pounds proceeds to cut debt...
19 May 2011
The Bank of Canada warned on Thursday that Canadian pension funds and insurance companies could be tempted to invest in risky assets in order to fulfill…
19 May 2011
Russell Investments, a top provider of market indexes for exchange-traded funds, said it was opening its own line of ETFs...
19 May 2011
The world's exchanges are encountering surprisingly tough, and sometimes fatal, resistance as they attempt to merge…
19 May 2011
Shares of LinkedIn Corp surged nearly 90 percent in their public trading debut on Thursday...
19 May 2011
BlackRock Inc said it was buying back all of its shares owned by BofA, ending a long-term ownership relationship that helped BlackRock grow into...
19 May 2011
Laboratory equipment company Thermo Fisher Scientific Inc agreed to acquire private-equity-owned Phadia...
19 May 2011
Japan's largest drugmaker Takeda Pharmaceutical is buying privately held Nycomed for 9.6 billion euros ($13.7 billion), boosting its presence in emerging markets and adding a newly approved lung-disease drug...
19 May 2011
Commodities trader Glencore made a steady market debut on Thursday, with shares trading just above the widely expected launch price of 530 pence, giving it solid currency for potential acquisitions...
19 May 2011
Restructuring of sovereign debt in Greece would make it impossible for the European Central Bank to continue using its bonds as collateral in liquidity operations, Executive Board member Juergen Stark said...
19 May 2011
Moody's Investors Service said it may review the credit ratings of Tokyo Electric Power if Japan fails to pass laws in the current parliamentary session on a scheme to help the utility handle compensation payments related to its crippled nuclear plant...
19 May 2011
Japanese electronics manufacturer Toshiba Corp said it will buy unlisted Swiss-based meter maker Landis+Gyr in a deal valued at $2.3 billion, including debt, in a bid to move into the...
19 May 2011
Washington imposed sanctions on Syrian President Bashar al-Assad and other senior officials on Wednesday in a dramatic escalation of pressure on Syria to halt a violent crackdown on pro-democracy protests...
19 May 2011
The investment holding company of Brazil's state development bank BNDES will raise its stake in local beef producer JBS SA to 30 percent from 17 percent with the conversion of debentures to shares...
19 May 2011
The U.S. Senate blocked a move by Republicans to speed domestic offshore oil and natural gas drilling on Wednesday, a fresh sign of congressional gridlock on energy issues even as drivers endure gasoline prices near $4 a gallon...
19 May 2011
When judging the Federal Reserve's unprecedented monetary policies of the past few years, where you stand depends on where you sit...
18 May 2011
China Mobile Ltd , the world's largest mobile operator by market value, said on Thursday that it is seeking acquisition opportunities in Asian emerging markets, including Myanmar...
18 May 2011
Shareholders in Tokyo Electric Power Co , the operator of the crippled Fukushima nuclear plant, will be asked to cooperate in a scheme to help the utility cope with compensation claims arising from the atomic crisis...
18 May 2011
Eight New York residents sued Baidu Inc and the People's Republic of China on Wednesday, accusing China's biggest search engine of conspiring with the country's government to censor pro-democracy speech...
18 May 2011
LinkedIn sold $352.8 million worth of shares in its initial public offering on Wednesday, signaling that stock investors are eager to buy shares of…
18 May 2011
General Mills plans to buy a controlling stake in French yogurt maker Yoplait for 810 million euros ($1.15 billion), securing its U.S. distribution rights to one of the best-selling global yogurt brands...
18 May 2011
Allstate Corp, already the second-largest U.S. auto insurer, said it would expand into online sales by buying Esurance...
18 May 2011
More than one third of employees at large European companies are prepared to offer cash or lavish gifts and entertainment to win business as the economic downturn prompts firms to cut corners to stay ahead...
18 May 2011
The Emirates Investment Authority (EIA), the UAE's only federal sovereign wealth fund, plans to shift the focus of future investments from telecoms into financial services, healthcare and education...
18 May 2011
Dubai property developer Damac said on Tuesday it had filed an international arbitration case against Egypt over a land dispute and the conviction of its chairman and owner, Hussain Sajwani...
18 May 2011
Credit rating agencies would have to disclose more details about their ratings process and keep close tabs on employees who leave to work for issuers...
17 May 2011
Mizuho Financial Group is planning to merge its retail and corporate banking arms in the wake of a computer failure that disrupted transactions following Japan's earthquake in March, two sources with knowledge of the matter said...
17 May 2011
Australian pay-TV firm Austar said talks between its majority shareholder Liberty Global and rival Foxtel are ongoing and it has not received a takeover bid...
17 May 2011
Global mining company Rio Tinto has raised a total of $2 billion bonds in long-term debt bonds...
17 May 2011
Tenaris SA, a major provider of steel pipes to the oil and gas industry, agreed to pay $8.9 million to settle U.S. criminal and civil probes accusing it of...
17 May 2011
A new proposal from U.S. regulators for cracking down on the derivatives market will make U.S. firms less competitive with their international rivals...
17 May 2011
UK competition authorities are to probe the stranglehold of the world's biggest accountancy firms on British blue-chip company audits after finding evidence of anti-competitive behavior...
17 May 2011
British defence contractor BAE Systems has agreed to pay additional fines of up to $79 million for flouting U.S. regulations governing the export of sensitive military hardware...
17 May 2011
BP's move to gain a foothold in Russia's offshore Arctic oilfields through a deal with state-controlled Rosneft has collapsed after it failed to resolve a dispute with partners in TNK-BP...
17 May 2011
Dubai's government took control of troubled Islamic lender Dubai Bank on Monday to stave off a potential collapse that would undermine the emirate's banking sector...
17 May 2011
BP is in talks about buying out its Russian partners in TNK-BP, in conjunction with state-controlled Rosneft, and other options to ease passage of a stalled share swap and Arctic exploration deal...
16 May 2011
Australian private equity firm Archer Capital has agreed to acquire a majority stake in V8 Supercars Australia, a rare recent success for private equity firms in the local market after two deals by U.S. buyout firms were rejected...
16 May 2011
MGM China, a venture between MGM Resorts International and casino mogul Stanley Ho's daughter Pansy Ho, plans to raise up to $1.5 billion in an initial public offering in Hong Kong...
16 May 2011
Top U.S. packaged coffee maker J M Smucker Co bought privately-held Rowland Coffee Roasters Inc for about $360 million to add espresso brands to its coffee portfolio...
16 May 2011
Corporate whistleblowers suffered a setback as a divided U.S. Supreme Court narrowed their ability to bring lawsuits alleging wrongdoing...
16 May 2011
Kratos Defense & Security Solutions Inc is to buy rival Integral Systems Inc for $225 million in cash and stock to expand in the surveillance and intelligence business where...
16 May 2011
U.S. regulators are getting tougher on financial advisors to the municipalities, authorities and states that sell debt...
16 May 2011
Flash memory maker Sandisk Corp will buy Pliant Technology Inc for $327 million to speed up its entry into the business of providing low-power, faster storage for companies...
16 May 2011
Google Inc hit the U.S. bond market with its high grade market debut, announcing a $3 billion sale of 3-year, 5-year and 10-year notes that will take advantage of low borrowing rates...
16 May 2011
Goldman Sachs Group Inc and Wells Fargo & Co bought back $26.9 million of auction-rate securities from New Jersey clients to resolve allegations...
16 May 2011
Requirements aimed at creating more transparency for auction-rate and variable-rate municipal bonds took effect...
16 May 2011
Yahoo Inc and Alibaba Group will find it difficult to resolve their feud over the Chinese company's transfer of a major Internet asset, raising questions over how long...
16 May 2011
A group of Canadian banks and pension funds are hoping their C$3.6 billion ($3.7 billion) offer for TMX Group will keep the nation's largest stock market from falling into foreign hands...
16 May 2011
Medical technology maker Stryker Corp said on Monday it has agreed to acquire Orthovita Inc, a maker of biologic agents used during surgery, for about $316 million...
16 May 2011
NASDAQ OMX Group Inc and IntercontinentalExchange are withdrawing their bid for rival exchange NYSE Euronext...
16 May 2011
Enduro Royalty Trust filed with U.S. regulators to raise up to $375 million in an initial public offering of its units...
16 May 2011
Russia's Vimpelcom will replace Chief Executive Alexander Izosimov with Norwegian Chairman Jo Lunder...
16 May 2011
The arrest of IMF chief Dominique Strauss-Kahn on sexual assault charges added to existing uncertainty about the euro zone debt crisis on Monday, initially knocking the euro to seven-week lows and pressuring stocks...
16 May 2011
Gold steadied on Monday, as the twin forces of deepening concern about the euro zone debt crisis and the growing strength of the dollar offset each other, while investors kept silver pinned near last week's 2-1/2 month lows...
16 May 2011
The European Union's antitrust chief urged news and information provider Thomson Reuters on Monday to work with regulators to resolve an investigation into its instrument codes for shares.
15 May 2011
Underwriters for the planned $9 billion stock sale by American International Group Inc and the Treasury have indications of interest from investors for about half the offering, the Wall Street Journal reported on Sunday...
15 May 2011
Flanked by long-legged models adorned in peacock feathers, Hong Kong property and construction tycoon Lui Che Woo was all smiles as he opened the doors to his new $2 billion casino in Macau...
15 May 2011
BP PLC is back in last-ditch talks to buy out the Russian partners in its joint venture TNK-BP Ltd, in a deal that could be worth $30 billion (18 billion pounds) or more, the Wall Street Journal reported on Sunday...
15 May 2011
Diageo Plc, the world's biggest spirits maker, aims to garner a fifth of its sales from Asia Pacific by 2015 to nearly double the region's contribution driven by fast-growing China, India and southeast Asia...
15 May 2011
The big money is calling a halt to the surge in stock prices...
15 May 2011
Microsoft Corp's move to buy money-losing Internet phone service Skype for $8.5 billion was immediately skewered by critics and investors, who questioned the logic of the deal and suggested the software giant is paying far too much...
15 May 2011
The conviction of hedge fund founder Raj Rajaratnam is by far the government's biggest victory in its wide-ranging hedge fund insider-trading probe. It is unlikely to be the last...
13 May 2011
Privately held near field communication company Vivotech said it renewed its approach to VeriFone Systems Inc to buy the U.S. assets of Hypercom Corp...
13 May 2011
Objections by European regulators forced Sara Lee Corp to scale back its plan to sell it insecticides unit to SC Johnson, carving operations in the European Union out of the deal...
13 May 2011
TMX Group, the operator of the TSE, reported a 13 percent rise in quarterly profit and said it filed applications with Canadian provincial regulators for approval of its $3 billion tie-up with the LSE...
13 May 2011
BATS Global Markets Inc, the third-largest U.S. exchange operator after NYSE Euronext and NASDAQ OMX Group...
13 May 2011
Luggage maker Samsonite, backed by private equity firm CVC Capital Partners, has received approval for an initial public offering from the Hong Kong stock exchange...
13 May 2011
Jaguar Land Rover Plc, owned by India's Tata Motors, said it priced a 1 billion pound ($1.64 billion)-equivalent senior notes offering following a significant over-subscription by investors...
13 May 2011
U.S. chemicals group DuPont's $6.4 billion bid for Denmark's Danisco is likely to succeed, the chief executive of Danisco said on Friday...
12 May 2011
Chinese restaurant chain Little Sheep Group Ltd said on Friday that it will stick to its plan to open 40 restaurants this year despite Yum! Brands Inc's plan to take the restaurant chain private...
12 May 2011
Global commodities trader Glencore International Plc will close the books for its planned $11 billion initial public offering on May 17, one day ahead of the original schedule, according a term sheet seen by Reuters on Friday...
12 May 2011
Japan's Tokuyama Corp will build a second polycrystalline silicon plant in Malaysia for 3.72 billion ringgit ($1.2 billion), The Star newspaper reported on Friday quoting a company statement...
12 May 2011
Yum Brands Inc , parent of the KFC, Taco Bell and Pizza Hut fast-food chains, has made a cash offer to buy out most of the shares of China's Little Sheep restaurants that it does not already own for up to...
12 May 2011
HSBC plans to hire more than 1,000 staff in Singapore over the next five years to help it double its profit before tax from the city-state, the bank's Singapore CEO said...
12 May 2011
Canada is now locked in a three-horse race with the U.S. and Australia to see which country will be the first to introduce covered bond legislation in 2011...
12 May 2011
Shareholders upset with ever-higher executive compensation packages are using new "say-on-pay" votes to challenge the payouts in court...
12 May 2011
The U.S. Treasury does not plan to start selling its remaining shares in General Motors Co until August at the earliest, after the automaker's second-quarter financial results...
12 May 2011
U.S. financial regulators, under pressure from a deeply divided Congress, pledged to follow through with a crackdown on Wall Street and the banking business, but to take enough time to get it right...
12 May 2011
AT&T Inc has promised to give Deutsche Telekom $6 billion in assets, services and cash as a break-up fee if U.S. regulators reject its proposed $39 billion purchase of the German company's T-Mobile USA...
12 May 2011
Power company Exelon Corp said it will pay $305 million to buy a 720 megawatts natural gas-fired power plant in north Texas as part of its plans to...
12 May 2011
Top Chinese sport utility vehicle maker Great Wall Motor is continuing to talk with Dutch auto maker Spyker Cars about a potential tie-up...
12 May 2011
Growth in eastern Europe should accelerate only slightly this year as domestic demand recovers, but trouble in the euro zone periphery, wide budget deficits and inflation pressures still pose risks, the IMF said on Thursday...
12 May 2011
China's Sina Corp plans to ramp up investment in its hot Twitter-like product, Weibo, for the rest of the year in order to fend off competition from Tencent Holdings and attract a wider user base...
12 May 2011
Japan's Takeda Pharmaceutical Co is in talks to buy privately-held Swiss rival Nycomed, which has a significant presence in Europe and emerging markets, in a deal that could be worth more than 1 trillion yen...
12 May 2011
Dutch luxury car maker Spyker Cars said that the Hawtai Motor Group from China and Spyker terminated their strategic partnership agreement to help Saab turn around its business...
12 May 2011
Japan is expected to unveil a scheme on Thursday that includes a $62 billion fund injection to help Tokyo Electric Power compensate victims of the crisis at its tsunami-crippled nuclear plant...
12 May 2011
Brazil's Rio de Janeiro state ordered a halt to ThyssenKrupp's plan to expand its $6.5 billion Rio de Janeiro slab mill until work on pollution control systems is complete...
12 May 2011
BP is negotiating opportunities to buy stakes in oil fields in Brazil to accelerate production increases in the South American nation...
11 May 2011
UAE telco Etisalat, which scrapped a $12 billion bid for Zain, may consider buying some of the Kuwaiti firm's assets given the lack of other acquisition targets...
11 May 2011
General Motors Co returned to the stock market with much fanfare last fall, but another important period is approaching that may see the U.S. government significantly slash its stake in the automaker...
11 May 2011
U.S. House Republicans are mounting a last-ditch effort to influence a corporate whistleblower rule that companies fear will drive cash-hungry tipsters directly to the government...
11 May 2011
The three major U.S. credit rating agencies won the dismissal of lawsuits seeking to hold them liable as "underwriters" for helping banks structure securities transactions in order to achieve desired ratings...
11 May 2011
American International Group and the U.S. Treasury said they will sell just under $9 billion in AIG stock...
11 May 2011
Galleon Group hedge fund founder Raj Rajaratnam was found guilty on all 14 conspiracy and securities fraud charges of insider trading, in a vindication of the government's aggressive tactics...
11 May 2011
Industrial products maker Idex Corp said it agreed to buy CVI Melles Griot from private equity firm Norwest Equity Partners for about $400 million as it tries to expand its...
11 May 2011
Bahrain said on Tuesday that it was expelling the Reuters correspondent in the Gulf kingdom...
11 May 2011
The United States recognizes that India will keep buying oil from Iran but is not actively suggesting ways to pay for it without violating international sanctions on Iran...
11 May 2011
Emirates plans to fly to more places and order more planes, ingoring claims of unfair competition from rivals...
11 May 2011
The three major U.S. credit rating agencies won the dismissal of lawsuits seeking to hold them liable as "underwriters" for helping banks structure...
10 May 2011
Royal Dutch Shell Plc will pay the U.S. government nearly $2.3 million to resolve claims that several of its affiliates underpaid royalties due on natural gas produced on federal leases...
10 May 2011
U.S. bank regulators would more strictly supervise banks' relationships with retail customers who speculate in the foreign exchange market...
10 May 2011
U.S. rules on the trading of private securities will be the subject of a hearing by lawmakers concerned that the regulations may be stifling the formation of capital...
10 May 2011
U.S. private equity firm Apollo Management has struck a deal to buy CKX Inc, which owns pop talent TV show "American Idol"...
10 May 2011
Microsoft Corp plans to buy Internet phone service Skype for $8.5 billion, a rich price as it seeks to regain ground on growing rivals such as Google Inc...
10 May 2011
The trustee seeking money for Bernard Madoff's victims has sued Safra National Bank of New York to recover $111.7 million derived from investments by "feeder" funds in the Ponzi schemer's former investment firm...
10 May 2011
China on Tuesday pledged easier access for U.S. companies to key sectors of its economy by removing barriers to its huge market in...
10 May 2011
When oil prices fell below $120 a barrel in early New York trade last Thursday, a few big companies that are major oil consumers started buying around $117...
10 May 2011
Turkish banks that persist in dealing with local branches of a blacklisted Iranian state bank are risking U.S. sanctions...
9 May 2011
Irish group Elan is selling its drug delivery business to U.S. firm Alkermes in a $960 million deal, cutting its debt pile by two thirds and making it a pure biotechnology company...
9 May 2011
Hospital operator Tenet Healthcare Corp said its board unanimously rejected a sweetened $4.1 billion bid from...
9 May 2011
Hertz Global Holdings Inc fired the latest salvo in a 13-month-long battle for Dollar Thrifty...
9 May 2011
Canadian Tire Corp offered to take full ownership of the country's largest sporting goods retailer, Forzani Group Ltd, for C$771 million in cash as it looks to battle rising competition from U.S. rivals...
9 May 2011
Private equity firm BC Partners agreed to buy Italian clothing retailer Gruppo Coin from rival PAI in a deal valuing the company at close to 1.3 billion euros ($1.9 billion) including debt...
9 May 2011
Volkswagen made a long-awaited bid for MAN, valuing it at $20 billion and stepping up plans to merge the German truckmaker with Swedish rival Scania in which it also holds a stake...
7 May 2011
China's securities watchdog has published draft rules that will allow approved foreign investors to trade stock index futures, the first step in opening up its local securities market...
6 May 2011
Ambac Financial Group Inc, insurers and some of its bank underwriters agreed to pay $33 million to settle investor litigation that accused the bond insurer of hiding the risks...
6 May 2011
JPMorgan Chase & Co is in advanced talks with U.S. regulators to resolve a probe into its role in selling subprime mortgage-backed bonds in 2007...
6 May 2011
The Russian shareholders in TNK-BP welcomed an arbitration deal on Friday that gives the Anglo-Russian oil firm a chance to join an Arctic exploration pact between BP and Rosneft...
6 May 2011
A sharp overnight selloff in commodities petered out on Friday, led by a small pullback in silver, while Asian equities clawed back up from the day's lows as market players squared positions before U.S. payrolls data...
6 May 2011
The Shanghai government is vetting a second batch of applicants for its pilot scheme that allows foreign investors to invest in yuan-denominated private equity funds in China...
6 May 2011
Billionaire Len Blavatnik's Access Industries has won the auction to take control of Warner Music Group Corp with an offer of $8.25 a share...
6 May 2011
European Union states have given initial backing to a ban on naked selling of sovereign credit default swaps...
6 May 2011
In one of the most blatant recent cases, a former conservative environment minister was caught building a summer house near Athens with an expired permit. He was not sacked...
6 May 2011
Ireland's financial regulator said on Friday he expects a "refreshing" of the boards of the country's banks over the next nine months following the results of an investigation he is currently leading...
6 May 2011
China staked out areas of contention with the United States on Friday ahead of strategic talks in Washington next week, including the pace of yuan reform and concerns about U.S. debt levels, but Beijing also stressed the two sides' co-dependency...
6 May 2011
China's pricing authority has fined consumer product giant Unilever Plc 2 million yuan for saying it might increase prices of some for products in China...
5 May 2011
Brent oil posted it second-largest one-day fall on record in dollar terms. Europe's benchmark crude fell by as much as $12 a barrel during the normal trading session, and U.S. crude dropped $10...
5 May 2011
KT Corp , South Korea's top fixed-line and No.2 mobile company, said in a statement that it had agreed to sell a 79.96 percent stake in its Russian unit, New Telephone Company...
5 May 2011
Credit Suisse was subpoenaed by the U.S. Securities and Exchange Commission this week for documents related to securitized home loans, according to court documents filed on Thursday by a bond insurer suing Credit Suisse...
5 May 2011
Massachusetts Mutual Life Insurance Co accused four major banks in a lawsuit of hiding the risks on $175.8 million of mortgage-related debt it bought...
5 May 2011
Technology firm ConvergEx Inc has filed with the U.S. regulators to raise up to $400 million in an initial public offering...
5 May 2011
China has found some U.S.-made passenger cars benefited from unfair subsidies, damaging its carmakers, although Beijing side-stepped a potential trade row with the United States by not hitting them with duties...
5 May 2011
Facebook and Google Inc are separately considering a tie-up with Skype after the web video conferencing service delayed its initial public offering, two sources with direct knowledge of the discussions told Reuters...
5 May 2011
Bharti Airtel Ltd , India's top mobile phone carrier, is on the threshold of spinning off the tower business of its Africa operations, Akhil Gupta, deputy group CEO at Bharti Airtel's parent Bharti Enterprises, said on Thursday...
5 May 2011
Reliance Industries plans to invest up to $12 billion in the chemicals business to tap the market for hygiene and healthcare products and will look at developing a new rubber business...
5 May 2011
Britain's listed companies should be forced to explain why they have so few women on their boards...
5 May 2011
U.S. securities regulators are resisting corporate America's demands to force whistleblowers to report possible wrongdoing internally before they can be...
5 May 2011
Carrefour SA fired the executive tasked to revive its core French business and said it was shelving a controversial property listing, fuelling talk of boardroom dissent and worries over its turnaround plan...
5 May 2011
Dutch bancassurer ING beat first-quarter profit forecasts, improving the prospects for listing its U.S. and European-Asian insurance units and for other asset sales to repay state aid...
5 May 2011
The European Central Bank will show its determination to check firming price pressures at its meeting on Thursday with markets focusing on whether it uses the "strong vigilance" codewords to signal a rate rise in June...
5 May 2011
India will settle all telecoms policy issues before August, Telecoms Minister Kapil Sibal told reporters on Thursday...
5 May 2011
There is evidence of millions of dollars of questionable payments to officials in Brazil, Mexico, Argentina, India and Japan in amounts that are "not insignificant,"…
4 May 2011
Sun Life Financial, Canada's No. 3 insurer, its quarterly profit rose 5.8 percent, helped by a strong North American equity market performance that gave a boost to its investments...
4 May 2011
The jury in Raj Rajaratnam's insider trading trial started to consider the case anew after one panelist was excused for medical reasons and replaced...
4 May 2011
ConAgra Foods Inc may have to sweeten its bid for Ralcorp Holdings Inc again after the low-priced food maker rejected the company's $4.9 billion takeover offer...
4 May 2011
UBS AG acknowledged that its former employees in its municipal bond reinvestment desk broke the law, and agreed to pay $160 million to U.S. federal and state agencies...
4 May 2011
The U.S. futures market regulator created an advisory panel that will help it implement portions of the new Dodd-Frank law that gives the government more oversight of the derivatives market...
4 May 2011
Five former executives at Brooke Corp, which franchised insurance agencies and made loans to its franchisees, settled U.S. regulatory charges that they fraudulently hid worsening finances that...
4 May 2011
The City of Los Angeles sued Deutsche Bank on Wednesday, claiming the global financial institution is one of the biggest "slumlords" in the second-largest U.S. city...
4 May 2011
News Corp's anticipated strong quarterly profit to be released on Wednesday is likely to take a back seat to Rupert Murdoch's dealmaking appetite and a phone-hacking scandal at its UK newspapers...
4 May 2011
U.S. Commerce Secretary Gary Locke accused Beijing on Wednesday of discouraging foreign investment to protect its own companies and promised to push against those barriers if confirmed as the next ambassador to China...
4 May 2011
Deutsche Boerse formally launched a two-step process to clinch a $10.7 billion euros offer...
4 May 2011
CSN, Brazil's largest diversified steel group, said that it is eyeing possible acquisition opportunities in the coal industry to boost its access to the key steel ingredient...
4 May 2011
Chip equipment maker Applied Materials will buy rival Varian Semiconductor Equipment Associates...
4 May 2011
Dunkin' Brands Group Inc said on Wednesday it would make an initial public offering of its common stock...
4 May 2011
Norwegian telecom group Telenor posted a 4.7 percent rise in core first-quarter earnings as increased price competition in Nordic operations took the shine off...
4 May 2011
Hong Kong's securities watchdog has fined a unit of HSBC Holdings Plc HK$3 million ($386,319) for not following adequate procedures in relation to the distribution of equity-linked notes...
4 May 2011
Vietnamese robusta coffee prices rose nearly 3 percent on domestic markets in the past week to an all-time high of 50 million dong ($2,424) a tonne on Wednesday, tracking gains in London robusta futures markets, traders said...
4 May 2011
Portuguese bond yields fell on Wednesday after Lisbon secured a 78 billion euro bailout, but market relief was limited with key details yet to be confirmed and lingering risks to the deal...
4 May 2011
Top commodity trader Glencore kept a lid on its aspirations for a much-hyped market debut, targeting proceeds of $11 billion (6 billion pounds) after securing record commitments from investors led by Abu Dhabi...
4 May 2011
A century after a gusher at the Spindletop field in Beaumont, Texas, ushered in the first U.S. oil boom, a quieter oil craze is underway 300 miles west in a chain of counties more famous for cattle than crude...
4 May 2011
Oman will finally open the door to Islamic banking and let conventional lenders run sharia-compliant operations in a bid to keep investment funds in the Gulf state and grab a share of the rapidly growing industry...
4 May 2011
A new taskforce focused on fraud in energy markets will look into whether consumers are being gouged at the gas pump or traders are manipulating the markets...
4 May 2011
Wal-Mart Stores Inc., the world's biggest retailer, will invest 1.2 billion reais ($759 million) in Brazil this year to tap buoyant consumer demand in Latin America's largest economy...
4 May 2011
A senior executive of TNT, the Dutch mail and express firm which is set to split into two listed units soon, said on Tuesday she should have tackled problems in Brazil earlier and promised to fix them...
3 May 2011
Software maker Novell Inc can proceed with a long-running antitrust lawsuit against Microsoft Corp after an appeals court reversed a lower court's summary judgment in favor of Microsoft...
3 May 2011
Private equity firm Cerberus Capital Management and Chatham Lodging Trust won an auction for the bulk of the hotels owned by bankrupt Innkeepers USA Trust...
3 May 2011
Pfizer Inc is expected to report slightly lower quarterly earnings, but investors will be more focused on any signs the world's biggest drugmaker will further shrink itself to...
3 May 2011
BP has agreed to pay a $25 million civil penalty plus interest to settle a federal investigation...
3 May 2011
Stewart & Stevenson LLC, a manufacturer of oil industry equipment, filed with U.S. regulators to raise up to $250 million in an initial public offering...
3 May 2011
The United States sued Deutsche Bank AG, accusing the German bank and its MortgageIT Inc unit of...
3 May 2011
Private equity firms Berkshire Partners LLC and Omers Private Equity Inc struck a deal to buy Husky International from Canadian buyout shop Onex Corp for $2.1 billion...
3 May 2011
International Coal Group , which is being bought by Arch Coal for $3.4 billion, said a trial court found it liable to pay $104.1 million for breaching a coal supply deal...
3 May 2011
The U.S. Securities and Exchange Commission pulled out all the stops when it tapped University of Texas law professor Henry Hu to head the first new division created at the agency in 37 years...
3 May 2011
The European Commission expects to present a "strong draft" for stress testing the 27-member bloc's nuclear power plants, European Energy Commissioner Guenther Oettinger said on Tuesday...
3 May 2011
Man Group, Europe's largest listed hedge fund firm, signalled the start of a new alternatives investment boom when unveiling a $1.5 billion fund in Japan, its biggest product launch since the financial crisis...
3 May 2011
Lagardere expressed caution over the strength of the advertising market recovery as the French media group missed forecasts for underlying sales in the first quarter, knocking its shares lower...
3 May 2011
China has given the green-light for the private placement of bonds, another step towards expanding the role of direct financing in the economy, China's interbank association has announced...
3 May 2011
Portugal needs over 100 billion euros (89 billion pounds) in EU/IMF loans, including up to 10 billion euros for its banks, but there are doubts whether Brussels will allow...
3 May 2011
Adani Enterprises has agreed to buy Abbot Point Coal Terminal in Australia for $2 billion in an all-cash deal to tap into growing coal traffic in overseas markets...
3 May 2011
Dana Gas , the Gulf's only listed natural gas company, said on Tuesday it has made a new gas discovery in Egypt, the company's fifth gas find in the country...
3 May 2011
Sao Paolo-based GPS is the country's largest independent wealth manager with around 8.5 billion Brazilian reals ($5.4 billion) under management. Founded in 1999, the company is regulated by CVM, the Brazilian markets watchdog...
3 May 2011
Budget airline GoAir is planning to raise about $150 million through a public offer to fund its operational expenses...
3 May 2011
Wall Street banks and major market players said they are equipped to comply with derivatives reforms, but accused U.S. regulators of dragging their feet on clarifying how and when they will go into effect...
2 May 2011
Tokyo Electric Power may face liabilities of 2 trillion yen over 10 years for damage stemming from its crippled nuclear power plant, and it could hike its electricity fees to help pay the money...
2 May 2011
Sony's Internet security crisis deepened on Monday with the company revealing hackers had stolen data of another 25 million users of its PC games system in a second massive breach for the consumer electronics giant...
2 May 2011
South Korean police said on Tuesday they had raided Google Inc's Seoul office on suspicions the Internet search firm's mobile advertising unit AdMob had illegally collected data...
2 May 2011
The trustee for bankrupt Thornburg Mortgage Inc has sued Goldman Sachs, Barclays and other big banks for a combined $2.2 billion, blaming them for the former home loan company's bankruptcy...
2 May 2011
The United States should focus less on China's currency practices and more on the threat to U.S companies posed by Beijing's support for state-owned enterprises...
2 May 2011
A Mexican court threw out an involuntary bankruptcy proceeding against glassmaker Vitro on Friday, easing the way for its own prepackaged bankruptcy to proceed...
2 May 2011
Nasdaq OMX Group and IntercontinentalExchange Inc took their $11.1 billion takeover bid for NYSE Euronext...
2 May 2011
Canada's Crew Energy Inc is to buy private oil and gas company Caltex Energy Inc for $542 million in an all-stock deal to gain access to heavy oil assets in Saskatchewan and Alberta...
2 May 2011
Holding company Discount Investment Corp received approval from Israel's anti-trust authority to buy a 59 percent stake in the parent company of the financially strapped Maariv newspaper...
2 May 2011
Arch Coal will buy smaller peer International Coal Group Inc for $3.4 billion to create...
2 May 2011
Hospital operator Community Health Systems Inc on Monday raised its offer for reluctant takeover target Tenet Healthcare Corp by $1.75 per share to $7.25 and called it its "best and final" bid...
2 May 2011
Dish Network and EchoStar Corp will pay TiVo Inc $500 million to settle a patent infringement lawsuit involving TiVo's video recording technology, putting an end to a long and costly legal battle...
2 May 2011
PricewaterhouseCoopers affiliates agreed to pay $25.5 million to former Satyam Computer Services Ltd investors to settle U.S. litigation over the audit of the Indian outsourcing company...
2 May 2011
Danish food ingredients firm Danisco urged shareholders on Monday to accept DuPont's raised $6.64 billion bid, as fund managers welcomed the "decent offer" and...
2 May 2011
Teva Pharmaceutical Industries Ltd struck a deal to acquire U.S. specialty drugmaker Cephalon Inc for more than $6 billion, topping an unsolicited bid by Canada's Valeant Pharmaceuticals International...
2 May 2011
Spanish blood products firm Grifols said on Monday it had agreed to sell some of its assets and make commercial agreements that could see its planned $4 billion takeover of U.S. rival...
2 May 2011
An Abu Dhabi vehicle, big hedge fund managers and Swiss private banks are set to serve as "cornerstone" investors backing commodity trader Glencore's $12 billion flotation...
2 May 2011
DIFC Investments (DIFCI), the investment arm of the firm that runs Dubai's financial free zone, posted a narrower 2010 loss on Sunday, weighed down by its real estate portfolio and said it will sell assets this year, including financial software firm SmartStream...