NEWS
March 2011
31 Mar 2011
Fast-food pizza chain Sbarro Inc may file for Chapter 11 bankruptcy as soon as next week, the Wall Street Journal reported on Thursday, citing people familiar with the matter...
31 Mar 2011
Former Goldman Sachs trader Morgan Sze is set to launch his highly anticipated $1 billion-plus hedge fund in Hong Kong on Friday, three sources familiar with the plan told Reuters on Thursday...
31 Mar 2011
Brazilian airline TAM said on Wednesday that it had started merger talks with domestic rival TRIP with an eye on eventually acquiring a minority stake in the smaller regional carrier...
31 Mar 2011
Bailed-out auto and mortgage lender Ally Financial plans to raise up to $100 million in an initial public offering...
31 Mar 2011
American International Group reorganized its largest unit, its Chartis property and casualty insurance division, and named Peter Hancock as chief executive of the unit, it said...
31 Mar 2011
Privately held food producer Cargill said it purchased Tate & Lyle's corn wet mill ethanol plant located in Fort Dodge, Iowa...
31 Mar 2011
Multi Commodity Exchange, the country's biggest by turnover, has filed papers for its initial public offer of shares with the country's market regulator, its chairman, Venkat Chary, said...
31 Mar 2011
Japan's economy offered more signs of recovery from the deadly March earthquake on Tuesday, but Moody's ratings agency warned both growth and government action may fall short…
31 Mar 2011
J-Power said on Thursday it has temporarily stopped construction work on the Ohma nuclear plant in northern Japan since March 12, a day after a magnitude 9.0 quake hit northern Japan...
31 Mar 2011
Vodafone, the world's largest mobile operator by revenue, is to pay $5 billion (3 billion pounds) in cash to buy out Essar Group from their Indian joint venture and bring an end to their increasingly fractious relationship...
31 Mar 2011
British housebuilder Taylor Wimpey has sold its North American business to a group of private equity firms for $955 million, in a long-awaited deal that will help it cut debt and focus on its UK business...
31 Mar 2011
The United States drove global equity issuance in the first three months of the year, stealing Asia's crown, after a spate of blockbuster U.S. IPOs backed by private equity firms...
31 Mar 2011
Microsoft Corp stepped up its rivalry with Google Inc on Thursday by filing a formal complaint with the European Commission claiming Google systematically thwarts Internet search competition...
31 Mar 2011
The Securities and Exchange Commission is investigating whether Wall Street firms sold a complex type of bond without clarifying the risks attached to it, the Wall Street Journal said...
31 Mar 2011
Tokyo Electric Power Co could face compensation claims topping $130 billion if Japan's worst nuclear crisis drags on, an analyst estimated on Thursday, fuelling expectations Japan's government will step in to save Asia's largest utility...
31 Mar 2011
Oman's Renaissance Services has pulled the planned $500 million (310 million pounds) initial public offering of its oilfield services unit Topaz on valuation concerns and growing regional unrest...
31 Mar 2011
Swiss bank UBS AG , the leader in equity underwriting in the Asia Pacific region, plans to double its China staff in three to four years as it expands stock research coverage to small and medium companies in China...
31 Mar 2011
Chinese gold miner Zijin Mining Group Co Ltd wants to covert $200 million worth of Glencore International AG bonds it holds into shares after the global commodities trading giant lists, a Zijin executive said...
31 Mar 2011
Regional turmoil is creating an unexpected boom for Dubai as tourists and businessmen flock once again to the shopping and skyscraper oasis after fleeing just a few years ago in the wake of its spectacular debt debacle...
31 Mar 2011
The man widely seen as the leading successor to Warren Buffett at Berkshire Hathaway has resigned after buying shares in chemical company Lubrizol Corp before pushing Buffett to acquire it...
31 Mar 2011
A U.S. jury rejected GlaxoSmithKline's antitrust claims against Abbott Laboratories over allegations of unfair HIV drug pricing, after Britain's biggest drugmaker had asked for hundreds of millions in damages...
31 Mar 2011
Jamie Dimon, chief executive of Wall Street giant JPMorgan Chase, lashed out at efforts by U.S. regulators to police the $600 trillion swaps market, in which his bank is a big player...
31 Mar 2011
Representative Lamar Smith, chairman of the House of Representatives Judiciary Committee, introduced legislation on Wednesday to reform the patent system...
31 Mar 2011
Anti-government revolts around the Arab world have turned Iraq into an attractive investment alternative despite its stubborn insurgency, still capable of lethal attacks eight years after the U.S.-led invasion...
31 Mar 2011
Israel approved a law on Wednesday that will significantly increase its share of natural gas profits from newly discovered offshore reserves, upsetting energy companies and ending months of uncertainty...
31 Mar 2011
Emirates NBD is eyeing merger opportunities within the region and the lender will set aside more money to cover bad loans in 2011 amid debt restructuring...
31 Mar 2011
British-based oil explorer Tullow Oil has agreed to sell stakes in its Ugandan operations to France's Total and China's CNOOC for $2.9 billion (1.8 billion pounds), bringing in big partners to develop the oil fields...
31 Mar 2011
UAE's Etisalat scrapped plans to bid for Syria's third mobile license in the latest blow to the firm's drive to expand its Middle East footprint...
30 Mar 2011
Some foreign companies listed in London could be exempt from new anti-corruption laws in Britain, Justice Secretary Ken Clarke said...
30 Mar 2011
Instant noodle maker Tingyi (Cayman Islands) Holding Corp said it had decided to temporarily delay a price-adjustment of its products because raw material prices had...
30 Mar 2011
Warren Buffett's leading heir apparent at Berkshire Hathaway, David Sokol, has resigned after buying shares in Lubrizol Corp, a chemical company he then pushed Buffett to acquire...
30 Mar 2011
Large U.S. banks are mired in negotiations with state attorneys general over mortgage servicing abuses, as bank regulators prepare their own enforcement actions against the banks...
30 Mar 2011
The Federal Reserve rejected a $15.7 billion bid from insurer American International Group for a pool of mortgage-backed securities and said it will sell off the bonds over time instead...
30 Mar 2011
Barclays is considering moving its headquarters out of London, possibly to New York, to escape what the industry sees as draconian UK and European Union financial regulations...
30 Mar 2011
The Federal Reserve and other regulators sought comment on Wednesday on proposed new rules to make companies with $1 billion or more in assets take risk...
30 Mar 2011
Search giant Google Inc has settled with U.S. regulators investigating privacy problems that cropped up in its botched roll-out of...
30 Mar 2011
U.S. securities regulators proposed new rules designed to restore lending discipline, and to bolster the independence of compensation committees at public companies and the consultants who serve them...
30 Mar 2011
SK Telecom, South Korea's top mobile carrier, is considering investing in bankrupt U.S. video rental chain Blockbuster Inc, an official with the operator said on Wednesday…
30 Mar 2011
Asset manager BlackRock Inc expects Glencore to go ahead with an IPO in the second quarter of this year, boosting the value of Blackrock's investment in the commodities trading giant…
30 Mar 2011
American electric carmaker Tesla Motors Inc said it is suing the BBC's hit motoring show Top Gear for allegedly faking a race between its electric sports car and a petrol-driven Lotus Elise...
30 Mar 2011
Salesforce.com's $326 million purchase of privately held Radian6 will allow the cloud-based software maker help its...
30 Mar 2011
A U.S. Food and Drug Administration chemist and his son were charged with using inside information about drug approvals to reap more than $3.6 million in profits, in an embarrassing blow to the health industry regulator...
30 Mar 2011
Italian fashion house Prada is set to file a listing application by Friday for a Hong Kong IPO that could be worth around $2 billion...
30 Mar 2011
Britain's competition authorities should probe the world's "Big Four" auditing firms who failed to warn supervisors about banks before the financial crash, a parliamentary report said...
30 Mar 2011
China's National Development and Reform Commission has approved three oil and gas oveaseas acquisitions by state oil firms Sinopec Group and CNOOC...
30 Mar 2011
Canadian drugmaker Valeant Pharmaceuticals International said it made an unsolicited $5.7 billion bid to buy Cephalon Inc...
30 Mar 2011
l's government is negotiating the departure of mining giant Vale's chairman and his substitution with a top finance ministry official, in a further step aimed at aligning the company's goals with national interests...
30 Mar 2011
Shares in oil major BP fell on Tuesday on a report the company's managers could face manslaughter charges following the Gulf of Mexico oil spill, which could lead to much higher fines over the disaster...
30 Mar 2011
A U.S. court ruling against Kuwaiti logistics company Agility has dealt a blow to the company's fight against charges it defrauded the U.S. Army in multibillion-dollar contracts...
30 Mar 2011
Risks that could lead to a property bubble are still building up in China, and more action is needed to cool speculative fervor, the country's banking regulator said on Tuesday…
29 Mar 2011
Private equity firm Apollo Global Management LLC raised $565.4 million in an initial offering that met with strong demand, an encouraging sign for other asset managers with...
29 Mar 2011
Opponents of a U.S. government crackdown on debit card processing fees called for delaying its implementation, with one top MasterCard executive equating the proposal with "creeping socialism"...
29 Mar 2011
A new Amazon.com Inc service that lets customers store songs and play them on a variety of phones and computers is facing a backlash from the music industry that could ignite a legal battle...
29 Mar 2011
U.S. lenders would have to offer mortgages with at least a 20 percent down payment if they want to repackage the loan to sell to other investors without keeping some of the risk on their books...
29 Mar 2011
Toys R Us Inc warned potential investors of the risks the retailer faces after Japan's devastating earthquake and tsunami…
29 Mar 2011
Global miner Rio Tinto is negotiating with Brazil's CSN to secure a majority stake in Africa-focused Riversdale Mining in a last-ditch bid to save its A$3.9 billion ($4 billion) takeover offer…
29 Mar 2011
U.S. insurer Metlife agreed to sell its Taiwan unit to Chinatrust Financial for $180 million, giving Chinatrust its long sought-after entry into the sector…
29 Mar 2011
Consultation has closed on the Commodity Futures Trading Commission's latest proposal for position limits. Now the rulemaking process embarks on the final stage...
29 Mar 2011
Tribune Co bondholders led by hedge fund Aurelius Capital Management on Monday filed a revised bankruptcy reorganization plan for the media company, hoping to overcome objections by senior creditors...
29 Mar 2011
GE said it will buy about 90 percent of electrification and automation equipment maker Converteam for $3.2 billion from a group of shareholders including...
29 Mar 2011
BATS Global Markets plans to list U.S. public stocks by year end, opening the door for companies to float shares somewhere other than the Big Board or Nasdaq for the first time in years...
29 Mar 2011
Oil and mining companies are divided in their views toward looming U.S. anti-corruption reporting requirements that will force them to disclose payments to foreign governments...
29 Mar 2011
Banks will be forced to keep some risk when they securitize all but the most conservatively written mortgages under rules that regulators are expected to vote on Tuesday...
29 Mar 2011
Nokia said on Tuesday it had filed another complaint with the U.S. trade panel alleging that rival Apple infringes Nokia patents in virtually all of its products...
29 Mar 2011
Hong Kong's market watchdog said on Tuesday that investment banks and other sponsors are failing to do adequate due-diligence in their work on initial public offerings...
28 Mar 2011
A U.S. federal judge dismissed a lawsuit against Argentina by bondholders seeking to hold a state-run bank responsible for the country's obligations stemming from its historic 2002 sovereign debt default...
28 Mar 2011
The U.S. futures regulator said on Monday it has canceled its latest rule-making meeting scheduled on March 30...
28 Mar 2011
Connecticut-based hedge fund manager Marlon Quan and two companies he controls were charged with fraud by securities regulators for facilitating the Ponzi scheme perpetrated by...
28 Mar 2011
The general manager of a battery plant in eastern China faces environmental pollution charges after lead emissions from the plant poisoned nearly 170…
28 Mar 2011
Canadian oil and gas company C&C Energia said its unit plans to buy the stake it does not already own in Bermuda-based explorer Ramshorn International's two oil and gas properties in...
28 Mar 2011
EADS has ended a three-year acquisition drought in North America with a C$625 million ($640 million) cash bid for Canadian overhaul and repair firm Vector Aerospace...
28 Mar 2011
EBay Inc plans to buy e-commerce company GSI Commerce for $1.96 billion in cash in a bid to draw more...
28 Mar 2011
Here are details on syndicated bond issues in the European market...
28 Mar 2011
AstraZeneca raised its profit outlook for the year on Monday after reaching an agreement with British and U.S. tax authorities that will see it pay less tax than it had budgeted for...
28 Mar 2011
Japan's Advantest Corp, the world's No. 2 maker of chip-testing equipment, said it has agreed to buy U.S.-listed Verigy Ltd for...
28 Mar 2011
China said on Friday it complied with "most measures at issue" in an international trade ruling made against its restrictions on copyright-intensive goods such as films, books and music…
27 Mar 2011
Harry & David Holdings Inc, the mail-order food company known for its fruit baskets and Moose Munch snacks...
27 Mar 2011
Saudi King Abdullah's bumper cash pledge to build more homes shows the kingdom's intent to address vast undersupply in the world's biggest oil exporter, but there is no quick fix for its property woes...
27 Mar 2011
Telesp, the Brazilian fixed-line telecom unit of Spain's Telefonica, will take over mobile carrier Vivo in a share swap as part of a plan that created Brazil's largest telecom group...
25 Mar 2011
One of Florida's largest foreclosure firms, which was investigated for alleged irregularities in processing foreclosures, has agreed to a settlement to pay $2 million...
25 Mar 2011
It is raining money again on many top U.S. and EU bank executives, less than three years after taxpayers worldwide rescued the banking industry from the worst financial crisis in decades...
25 Mar 2011
A federal judge has allowed a lawsuit to go ahead against Campbell Soup Co, the world's largest soup-maker, over whether its purported "low-sodium" tomato soup really has less sodium...
25 Mar 2011
Roche's bearer shares rose 4.6 percent on Friday after an investor's surprise exit from the Swiss drugmaker's controlling shareholder group...
25 Mar 2011
Car rental company Avis Budget Group's top shareholder said it may discuss with the company the price that Avis had offered to buy out smaller rival Dollar Thrifty Automotive Group...
25 Mar 2011
Media and marketing company Yellow Media Inc said it will sell its unit Trader Corp to funds advised by private equity firm Apax Partners for C$745 million ($763 million) in cash to focus on its core business...
25 Mar 2011
Signs of firms testing investor demand for new listings only a week after volatility derailed two of Europe's largest offerings so far this year will embolden Glencore...
25 Mar 2011
Arcos Dorados Holdings Inc, a large South American franchisee of U.S. fastfood chain McDonald's Corp, is planning an IPO...
25 Mar 2011
China has unveiled regulations to help contain risks at the country's debt-clearing firms as they seek to remodel themselves...
25 Mar 2011
British vacuum technology firm Edwards is seeking a valuation of up to 1.3 billion pounds ($2.1 billion) from a London listing in which its private equity owners will cash in...
25 Mar 2011
Gold mining firm G-Resources Group Ltd , backed by BlackRock Inc and JP Morgan Chase & Co , plans to ramp up acquisitions in Southeast Asia after starting production at its $1 billion gold mine in Indonesia later this year...
25 Mar 2011
Worldwide mergers and acquisitions (M&A) have risen 58 percent so far this year, according to preliminary data from Thomson Reuters, marking the best start to a year since 2007 and building on last year's tentative recovery...
25 Mar 2011
A shortfall in electric power could squeeze recurring profit by 5 percent or 1.4 trillion yen ($17 billion) in the business year beginning on April 1 at Japanese corporations on the Nomura 400 companies index...
25 Mar 2011
BP and Rosneft, Russia's largest oil company, have been blocked by an arbitration panel from forming an alliance to explore for oil in the Russian Arctic and...
25 Mar 2011
Telecoms Secretary R. Chandrashekhar said an internal committee would take a decision on Tata Communications' surplus land issue in one to two weeks...
25 Mar 2011
The World Trade Organisation referred to its court system a dispute between China and the United States over the way credit card payments are processed in China...
24 Mar 2011
German shipping companies are avoiding Tokyo Bay area ports due to radiation fears and Japan could face severe supply chain bottlenecks as vessels get diverted, ship industry officials said on Thursday...
24 Mar 2011
Spain's struggling saving's banks, or cajas, have held talks with major hedge funds and private equity groups to try to raise 15 billion euros ($21 billion) in fresh capital to avoid a bail-out, the Financial Times said on Friday...
24 Mar 2011
Cliffs Natural Resources said that it is shifting its focus away from North America as it sees strong demand for iron ore from China and other Asian markets...
24 Mar 2011
Standard & Poor's downgraded Portugal's credit ratings by two notches to BBB on Friday and warned it could cut it again by one notch as early as next week depending on the final shape of the euro zone bailout fund...
24 Mar 2011
Bank of Japan Governor Masaaki Shirakawa said on Friday the central bank will keep its stance of supplying ample funds to markets through operations including massive government bond purchases...
24 Mar 2011
Barry Minkow, an audacious former Ponzi scheme swindler who claimed to have cleaned up his act, was charged on Thursday with insider trading in shares of Miami-based Lennar Corp...
24 Mar 2011
Pipavav Shipyard Ltd said on Thursday it has received clearance from the Foreign Investment Promotion Board for warship building in the defence sector...
24 Mar 2011
Australian bourse operator ASX says it continues to believe in the business logic of a proposed $7.6 billion takeover by Singapore rival SGX and also sees a need to take part in global bourse consolidation...
24 Mar 2011
Imax Corp, which operates a chain of big-screen movie theatres, said it has signed a 75-theater joint revenue-sharing deal with China's Wanda Cinema Line Corp, marking the Canadian firm's largest international deal...
24 Mar 2011
Mahindra & Mahindra, India's largest utility vehicles maker, will invest more than 3 billion rupees ($67 million) in a new tractor plant in Andhra Pradesh...
24 Mar 2011
Goldman Sachs Group Inc chief Lloyd Blankfein testified that former director Rajat Gupta violated confidentiality by leaking boardroom secrets to hedge fund manager Raj Rajaratnam...
24 Mar 2011
Walgreen Co plans to buy drugstore.com for $429 million, expanding the online presence of the world's largest drugstore chain...
24 Mar 2011
Three listed hotel chains have teamed up with global private equity firms to submit second round bids for Chinese hotel group Shanghai Motel Management Co, an asset that...
24 Mar 2011
Australia's biggest mining companies won a major concession over a planned new 30 percent profits tax on Thursday, with the government agreeing to refund any future increases in state-based royalty charges...
24 Mar 2011
A Manhattan federal judge dismissed part of a lawsuit by Lions Gate Entertainment Corp against Carl Icahn that accused the activist investor of plotting to merge the studio with MGM...
24 Mar 2011
Dubai's port operator DP World, said it is on track to list on the London Stock Exchange this year, after posting a 35 percent increase in 2010 profit...
24 Mar 2011
Israeli holding company Discount Investment Corp said on Wednesday it plans to buy a controlling stake in the parent company of the Maariv newspaper for 140 million shekels ($40 million)...
23 Mar 2011
The U.S. futures regulator said it will issue its latest swap proposal at its 13th rule-making meeting on March 30...
23 Mar 2011
U.S. refining company Sunoco Inc said it is offering shares of SunCoke Energy Inc in an initial public offering...
23 Mar 2011
Rome is poised to bolster Italian food, energy, defence and telecoms firms against foreign takeovers, in a move that could stymie a bid by French dairy giant Lactalis to gain control of rival Parmalat...
23 Mar 2011
Deutsche Boerse, the operator of the Frankfurt stock exchange, has made a provision of $250 million for potential damages relating to a lawsuit in the United States...
23 Mar 2011
Britain's government has asked its antitrust regulators to probe whether banks help to entrench the dominance of the "Big Four" auditing firms through restrictive lending agreements with companies...
23 Mar 2011
The battle for Swiss biotech group Actelion could end up mirroring the one for Genzyme, with the potential use of a contingent value right to bridge differences, some analysts believe...
23 Mar 2011
More hedge funds will invest in increasingly risky, distressed assets this year and expect to make a greater amount of money doing it, according to a survey of fund managers...
23 Mar 2011
Bank Islam Brunei Darussalam (BIBD) has sold an undisclosed minority stake to Dubai-based Islamic investment firm Fajr Capital as the Asian bank bids to extend its international reach...
23 Mar 2011
Plans to saddle large banks with extra safeguards is not the right way to strengthen systemic stability as it is too difficult to determine which banks to pick for the exercise...
23 Mar 2011
The top U.S. securities regulator called for new rules to help protect exchanges and other trading venues from computer-generated volume spikes and hackers seeking to harm the country's capital markets...
23 Mar 2011
Czech lottery firm Sazka will likely file for reorganisation following pressure for insolvency proceedings by creditors...
23 Mar 2011
The Federal Reserve objected to Bank of America Corp's plans to boost its dividend and told the bank to revise its proposal...
23 Mar 2011
Struggling conglomerate Dubai World signed a final agreement with creditors to restructure $24.9 billion in debt on Wednesday, switching the focus onto how it will pay for the deal...
23 Mar 2011
U.S. consumer goods group Colgate-Palmolive has agreed to pay around $940 million for Sanex, a shower gel and deodorant brand which owner Unilever had been ordered to sell...
23 Mar 2011
The UK Post Office, owned by British mail operator Royal Mail, won European Union regulatory approval on Wednesday for 180 million pounds ($295 million) in state aid to continue funding its network...
23 Mar 2011
Poland said on Wednesday it had sold an 11.9 percent stake in utility Tauron for $449 million as part of a $5 billion privatisation programme this year to help keep government debts under control...
23 Mar 2011
General Motors Co sold its preferred shares in auto lender Ally Financial Inc for $1 billion in what the automaker called a step to...
23 Mar 2011
Sprint Nextel Corp cried foul over a planned merger between AT&T Inc and T-Mobile USA, saying the deal would stifle competition and potentially hurt its profitability...
23 Mar 2011
Banks, exchanges and traders have only days left to convince regulators to take a lighter touch on tough curbs on commodity market speculation, after a four-year fight against proposals to...
22 Mar 2011
Private equity firm Apollo Global Management LLC lowered the expected range for the price of its initial public offering after delaying its filing as a...
22 Mar 2011
Energy Transfer Partners and Regency Energy Partners partnered to buy some natural gas liquids storage and transportation assets from Louis Dreyfus, one of the world's top commodity firms...
22 Mar 2011
Howard Stern and his agent are suing satellite radio provider Sirius XM Radio Inc for refusing to award the performance-based stock options it...
22 Mar 2011
Goldman Sachs Group Inc chief Lloyd Blankfein will be called to testify at Raj Rajaratnam's insider trading trial as soon as this week, but prosecutors want to prevent him being questioned about...
22 Mar 2011
BP Plc's Canadian gas liquids business, which it put on the block last year as part of a slate of global asset sales, could be worth C$2.3 billion ($2.35 billion) and...
22 Mar 2011
Not since Gary Gensler pinned on his badge as the $600-trillion swap market's new sheriff has his law-and-order campaign seemed so uncertain...
22 Mar 2011
Gammon Gold is poised to win a drawn-out battle for New York-based Capital Gold, even though some of its largest stakeholders prefer a rival bid...
22 Mar 2011
Deutsche Boerse AG's bid to acquire NYSE Euronext faces a hard regulatory battle after the EU's antitrust chief highlighted the anticompetitive dangers of its...
22 Mar 2011
Forth Ports accepted a 760 million pounds takeover offer from Arcus, the infrastructure investor that is already its largest shareholder, ending a year-long pursuit of Britain's only listed ports group...
22 Mar 2011
Britain's Takeover Panel moved closer to adopting tougher merger rules, despite opposition from private equity firms and others who argue the...
22 Mar 2011
A former Goldman Sachs Group Inc director accused of leaking confidential boardroom information has sued U.S. regulators...
22 Mar 2011
IntercontinentalExchange Inc, the U.S.-based futures exchange operator, said its Creditex unit expanded to include more North American index-based credit derivatives...
22 Mar 2011
Regulatory pressure prompted Sanofi-Aventis and Merck & Co to abandon plans for a joint animal health powerhouse with $5 billion in sales...
22 Mar 2011
Billions of pounds of trophy UK commercial properties may open up to retail investors for the first time by 2017 as pension funds and insurers look to push the assets into UK real estate investment trusts...
22 Mar 2011
Ireland's central bank will review the competence and track record of all executive and non-executive directors at its state-supported banks and sack those it deems unfit...
22 Mar 2011
Apple Inc has sued Amazon.com Inc in a bid to stop the online retailer from improperly using Apple's App Store trademark...
22 Mar 2011
South Korea said it would cut property purchase taxes in a move to partly offset tougher borrowing rules so as to keep a fragile recovery in the housing market from losing steam...
22 Mar 2011
Buyouts in Asia are chiefly dependent on bank loans but in a first-of-its-kind for the region, the debt portion of one deal last week was financed entirely through a bond issue...
22 Mar 2011
Royal Bank of Scotland sees two to four initial public offerings from the Gulf and between seven and 10 mandates for bond issuances in the Middle East and Africa in 2011, senior regional executives said...
22 Mar 2011
Russian mobile phone retailer Euroset said it will proceed with a London IPO that a source close to the potential offering said could seek to raise more than $1 billion (613 million pounds)...
22 Mar 2011
China's exports of rare earth metals burst through the $100,000 (61,000 pounds)-per-tonne mark for the first time in February, up almost ninefold from a year before, while the volume of trade stayed far below historical averages...
22 Mar 2011
A shortage of parts will force Sony Corp to cut production or suspend output at five more plants in Japan following the country's catastrophic earthquake this month that has hit the global supply chain...
22 Mar 2011
Private equity firm CVC will invest 2.35 trillion rupiah (165 million pounds) in the cable TV and internet units of Indonesian media firm PT First Media in a strategic partnership deal...
22 Mar 2011
East Mediterranean Gas (EMG), which supplies Egyptian natural gas to Israel and other Middle East countries, will not agree to amend the terms of its contract with Israel...
22 Mar 2011
Korea National Oil (KNOC) said it will buy one-third of Anadarko Petroleum Corp's interest in the Eagle Ford shale for $1.55 billion, the highest amount paid for acreage in the South Texas oil and gas field...
22 Mar 2011
The U.S. Interior Department said on Monday it approved Shell's plan for deepwater oil and natural gas exploration in the Gulf of Mexico, the first such exploration plan with a complete environmental assessment since the BP oil spill...
21 Mar 2011
Media mogul John Malone's Liberty Global will buy Kabel BWafter private equity firm CVC declined to raise its offer in a fierce battle for the German cable operator...
21 Mar 2011
Microsoft Corp filed lawsuits for patent infringement on Monday against bookseller Barnes & Noble Inc over its Nook electronic book reader...
21 Mar 2011
France's data protection regulator has fined Google 100,000 euros for collecting private data from wireless networks when its camera-equipped cars gathered footage for its on-line map service Street View...
21 Mar 2011
Kuwait's Zain should remain for sale following Etisalat's failed $12 billion takeover, but buyers will be wary, with nearby Bahrain under martial law and borrowing costs and risk both rising...
21 Mar 2011
Saudi Arabia's Aramco is building on its ties with China, with plans to supply crude to a refinery in the southwest of the country, where Beijing is building an oil and gas pipeline that slices through Myanmar...
21 Mar 2011
Charles Schwab Corp will buy smaller retail brokerage optionsXpress Holdings Inc in a $1 billion deal aimed at...
21 Mar 2011
Fortune Brands Inc said that it bought the Skinnygirl spirits brand created by reality TV star Bethenny Frankel and plans to expand its distribution as it sees demand for...
21 Mar 2011
Tyco International Ltd will pay $300 million for a 75 percent stake in privately held valve maker KEF Holdings Inc, based in the United Arab Emirates...
21 Mar 2011
Uranium One Inc. today announced that Mantra Resources Limited and JSC Atomredmetzoloto have revised the terms of the Scheme Implementation Agreement that was entered into by...
21 Mar 2011
AT&T Inc plans to pay $39 billion for Deutsche Telekom AG's T-Mobile USA to create a new U.S. mobile market leader...
21 Mar 2011
Singapore's Mapletree Investments said it is not at a stage of making any announcement about its planned commercial property trust that is expected to raise about...
21 Mar 2011
European shares gained on Monday after investor confidence rose on signs the situation at Japan's nuclear plant was improving, with telecoms lifted by Deutsche Telekom's sale of T-Mobile USA to AT&T...
21 Mar 2011
Chinese oil major PetroChina is in talks with the government of Fujairah to build oil storage facilities at the Fujairah port, industry and port sources told Reuters...
21 Mar 2011
Indian wagonmaker Titagarh Wagons Ltd's plans to set up a joint venture with a Japanese firm will take longer than expected due to the massive earthquake that rocked Japan earlier this month, a senior official said...
21 Mar 2011
Inflation remains a major challenge and tighter monetary policies are needed across East Asia, the World Bank said on Monday, as it downplayed risks to regional growth from the devastating earthquake in Japan...
21 Mar 2011
Facebook has agreed to buy Snaptu, an application developer for mobile devices that are less sophisticated than smartphones, as the world's largest Internet social network focuses on expanding its mobile services...
21 Mar 2011
Royal Dutch Shell is aming to spend $1 billion a year over the next five years on shale gas in China if its explorations works under way prove a success...
20 Mar 2011
American International Group expects others to bid for the mortgage-backed securities that it has offered to pay $15.7 billion to buy back from the U.S. government...
20 Mar 2011
Billionaire investor Warren Buffett said on Monday that Japanese stocks were good investments after the deadly earthquake that hit the world's third-biggest economy last week...
20 Mar 2011
Korea Exchange, one of Asia's few privately-held major bourses, is pressing to go public to compete in a fast-consolidating industry, but regulators look set to stymie any deal for the world's largest derivatives operator...
20 Mar 2011
Global miner Rio Tinto has extended its sweetened $3.9 billion bid for Mozambique-focused coal miner Riversdale Mining by three days...
20 Mar 2011
U.S. companies with big sales in Japan like Aflac and Tiffany may see sales pinched in the wake of the country's massive earthquake, but the yen's recent sudden strength could offset those losses...
18 Mar 2011
Goldman Sachs Group Inc will buy back $5 billion of preferred stock from Warren Buffett, ending a costly deal that helped shore up confidence in the bank at the height of the financial crisis...
18 Mar 2011
IBM has agreed to pay $10 million to settle a complaint its employees bribed South Korean and Chinese officials with cash, gifts and entertainment in return for business for more than a decade...
18 Mar 2011
The trustee overseeing the liquidation of Lehman Brothers Holdings' broker dealer has sued Citibank to recover more than $1.3 billion in cash and other assets...
18 Mar 2011
Biogen Idec Inc's board is proposing that all directors be elected on an annual basis as opposed to the current process of staggered term elections...
18 Mar 2011
Chinese printing equipment maker Duoyuan Printing Inc said it is being investigated by U.S. financial regulators over a possible securities fraud and was served a subpoena relating to...
18 Mar 2011
A Canadian environmental group on Friday urged regulators to delay hearings related to the construction of new nuclear reactors at an Ontario nuclear power plant...
18 Mar 2011
General Mills is set to pay 800 million euros ($1.12 billion) for half the Yoplait yogurt brand, allowing the company to settle a management dispute and pursue emerging markets growth...
18 Mar 2011
Lab-testing company Quest Diagnostics Inc will acquire Celera Corp for about $657 million in cash to gain access to...
18 Mar 2011
Europe's regulators are still haggling over how tough to be on capital requirements for banks undergoing more stress tests after last year's flopped...
18 Mar 2011
Britain has entered a "hazardous" period and inflation could be above target next year, Bank of England Deputy Governor Charles Bean was quoted as saying on Friday...
18 Mar 2011
The Group of Seven rich nations on Friday agreed to join in rare concerted intervention to restrain a soaring yen and calm global markets after a wild week of panicky trading as Japan scrambled to prevent a meltdown at a nuclear power plant...
17 Mar 2011
A U.S. government regulator sued Kerry Killinger and two other Washington Mutual Bank executives accused of pioneering reckless home loans that led to biggest bank failure in U.S. history...
17 Mar 2011
Bailed-out European banks Royal Bank of Scotland and ING paid many of their top staff more than $1 million each last year, reigniting criticism over bankers' pay...
17 Mar 2011
Countrywide Financial Corp won the dismissal of an investor lawsuit in a ruling that could dent other cases that collectively seek billions of dollars related to...
17 Mar 2011
Taiwan' cabinet said on Thursday it will consider cutting tariffs on components for electronic products if supply shortages develop following Japan's powerful earthquake and tsunami...
17 Mar 2011
The U.S. futures regulator has slated its next two Dodd-Frank rule-making hearings for March 30 and April 7, it said in a federal register notice...
17 Mar 2011
Daily deals website Groupon could be valued at as much as $25 billion in an initial public offering, Bloomberg reported, citing two people with knowledge of the company's discussions with banks...
17 Mar 2011
Vimpelcom claimed victory in a long-running battle for control of Wind Telecom as most of its shareholders voted for a deal that will involve it...
17 Mar 2011
Exploration company Heritage Oil has rejected a 1.2 billion pound ($1.9 billion) takeover approach from a Middle Eastern company, the Financial Times reported...
17 Mar 2011
Indebted holding company Porsche SE is preparing to draw up a strategy to attract investors as a standalone entity now that the merger with Volkswagen looks increasingly unlikely...
17 Mar 2011
The Fukushima Daiichi nuclear power plant at the centre of Japan's crisis has six reactors. The plant is operated by Tokyo Electric Power Co...
17 Mar 2011
State-run Saudi Aramco signed an initial deal with China's Sinopec Group to jointly build a $10-billion Yanbu refinery on the Red Sea coast, a pact that further cements ties between the two energy giants...
17 Mar 2011
Italy's Eni called on Europe to abandon sanctions against Libya, becoming the first Western firm to try to rebuild bridges as Muammar Gaddafi is regaining control and may reopen the oil taps...
17 Mar 2011
Top industrialised nations need to act in concert to challenge China's curbs on rare earths exports and any restrictions by Beijing that could jeopardize manufacturing would be "deplorable"...
16 Mar 2011
The board of News Corp has been sued by shareholders for agreeing to buy a business owned by Chairman Rupert Murdoch's daughter for...
16 Mar 2011
Shares of uranium producers turned lower on Wednesday afternoon after early gains were hit by China's plan to tighten safety approvals for new reactors and...
16 Mar 2011
Mergers sweeping financial exchanges are in part an unintended consequence of global financial regulatory reforms, the head of IntercontinentalExchange Inc...
16 Mar 2011
GDP growth in the first quarter...
16 Mar 2011
The watchdog panel for the $700 billion bank bailout faulted the U.S. government for the last time, saying the program helped underpin the perception that federal authorities will...
16 Mar 2011
European Union banks must disclose sovereign debt holdings on both their trading and banking books as part of stress tests, EU leaders will say at a summit on March 24-25...
16 Mar 2011
High-end steakhouse chain Morton's Restaurant Group said it is exploring strategic alternatives, including a sale of the company, the latest in a string of...
16 Mar 2011
China's vast nuclear push is likely to slow after the government ordered a safety crackdown on Wednesday in the aftermath of Japan's nuclear crisis...
16 Mar 2011
Britain has set out proposals to create a single competition authority, saying it would reduce delay and end duplication for business, and introduce an exemption for small deals from the merger control regime...
16 Mar 2011
Wall Street bank Goldman Sachs said it will buy Benchmark Asset Management Co, which has about $700 million in assets under management, to expand its presence in Asia's third-largest economy...
16 Mar 2011
The nuclear disaster unfolding in Japan after a huge earthquake crippled several reactors is raising questions on how Australia's uranium companies would fare, with shares partially rebounding on Wednesday after several days of heavy falls...
16 Mar 2011
Kuwaiti telco Zain said Kingdom Holding and Bahrain Telecom (Batelco) agreed to guarantee part of Zain Saudi's debt as a term to buy a quarter-stake in the Saudi operator...
16 Mar 2011
Israel Chemicals, a maker of fertilisers and specialty chemicals, said it has been told its Dead Sea Works unit underpaid royalties to the government by nearly $300 million during the past decade...
16 Mar 2011
Japanese Finance Minister Yoshihiko Noda said on Wednesday he is closely watching the currency market, a ruling party lawmaker said...
16 Mar 2011
Largely shut out by traditional international lenders, Argentina still had a place to turn last year for the billions of dollars it needed to renovate its decrepit railway system -- Beijing...
15 Mar 2011
Postmedia Network Canada Corp, the nation's largest chain of newspapers, filed to go public on the Toronto Stock Exchange, complying with a pledge made almost a year ago...
15 Mar 2011
China's NetQin Mobile Inc filed with U.S. regulators to raise up to $100 million in an IPO of ADS...
15 Mar 2011
Proposed rules for U.S. municipal advisers may be too broad and regulators are reviewing them to see if they should be scaled back...
15 Mar 2011
Lubrizol Corp said it could have to pay a $200 million breakup fee if it walks away from its $9 billion deal to sell...
15 Mar 2011
The European Union's member states and its parliament are headed for a showdown after several countries lined up to block the permanent ban wanted by lawmakers on...
15 Mar 2011
The U.S. Securities and Exchange Commission is reviewing the rules surrounding private securities trading and initial public offerings, SEC Chairman Mary Schapiro said...
15 Mar 2011
Timmins Gold, armed with the backing of one of Canada's top resource investors, said it raised its takeover bid for...
15 Mar 2011
Swiss bank UBS said it had received subpoenas from U.S. and Japanese regulators regarding whether it made "improper attempts" to manipulate LIBOR rates, the benchmark price for interbank borrowing costs...
15 Mar 2011
Shares of Ping An, China's No. 2 insurer, opened more than 4 percent lower on Tuesday after the sale of $2.5 billion worth of its H-shares to Hong Kong jeweller Chow Tai Fook...
15 Mar 2011
Gold ditched its safe-haven mantle and slid by more than 1 percent on Tuesday, caught in a broad-based sell-off by commodity investors who grew increasingly unnerved by Japan's growing nuclear crisis...
15 Mar 2011
South Africa's decisions on future nuclear plants may be affected by concerns about radioactivity from Japan's earthquake-stricken reactor, the country's energy minister said on Tuesday...
15 Mar 2011
International Airlines Group, formed by the merger of British Airways and Iberia, may consider investing in Indian carriers if foreign investment rules are relaxed...
15 Mar 2011
Major League Baseball has placed restrictions on the resale of debt issued by its teams in a bid to protect the New York Mets from being squeezed by investors...
15 Mar 2011
Industrial raw materials fell across the board on Tuesday, with crude oil down by around 2 percent, as risk aversion gripped financial markets after Japan warned of higher radioactive levels following fresh explosions at an earthquake-stricken nuclear plant...
15 Mar 2011
Belgian bancassurer KBC has cancelled a proposed 1.35 billion euro ($1.9 billion) sale of its private banking arm to Indian group Hinduja after it failed to get regulatory approval...
15 Mar 2011
London copper fell more than 1 percent on Tuesday, after Japan warned of high radioactive levels following blasts at a quake-stricken nuclear plant, dampening sentiment across financial markets...
15 Mar 2011
Qatar is buying 6.16 percent of Iberdrola SA for 2.2 billion euros ($3 billion), helping the Spanish utility finance its Brazil operations and further diluting unwanted suitor ACS...
15 Mar 2011
Construction company Saudi Oger is raising a $2 billion syndicated loan to finance the construction of police training facilities in Saudi Arabia...
15 Mar 2011
The aftermath of Japan's disastrous earthquake and tsunami could temporarily ease the rise in rare earth prices, but overall demand is likely to continue to...
14 Mar 2011
Japanese stock futures prices plunged 16 percent on Tuesday as the country's prime minister said radiation levels at a stricken nuclear plant had become high, deepening concerns about the disaster and its likely economic toll...
14 Mar 2011
Asian hedge funds added $20 billion to their assets in 2010, backed by positive returns and accelerated flows in the second half of the year as investors returned to bet on the fast growing region...
14 Mar 2011
Nasdaq OMX Group Inc is closer to making a counter-bid for NYSE Euronext, a source familiar with the situation said, a move that would challenge the Big Board's blockbuster deal with...
14 Mar 2011
The Bank of Japan on Tuesday offered to pump 5 trillion yen ($61 billion) into the banking system, continuing its huge fund injection aimed at easing market jitters amid escalating damage from the earthquake...
14 Mar 2011
Automakers, shipbuilders and technology companies worldwide scrambled for supplies after the disaster in Japan shut down factories there and disrupted the global manufacturing chain...
14 Mar 2011
The devastating human and economic toll from Japan's earthquake and tsunami has jolted world markets, but top U.S. hedge fund and money managers see a...
14 Mar 2011
Trian Group has accused Family Dollar Stores Inc's board of "poor corporate governance" for adopting an anti-takeover "poison pill" and...
14 Mar 2011
A U.S. bankruptcy court has approved a bid for Innkeepers USA Trust valued at $1.14 billion by affiliates of Five Mile Capital and Lehman Brothers Holding Inc...
14 Mar 2011
American Superconductor Corp, which makes electrical systems for wind farms, is buying a small Finnish rival for $266 million to trim its dependence on China...
14 Mar 2011
Billionaire Warren Buffett's Berkshire Hathaway Inc struck a deal to buy lubricants maker Lubrizol Corp for $9 billion (5.6 billion pounds) in cash to tap rising demand for chemicals used to operate engines and machinery...
14 Mar 2011
The plunge in Japanese shares threatens to arrest a nascent revival of investor interest in the country, after wiping out a big chunk of Japan-focused equity funds' one-year returns...
14 Mar 2011
Eli Lilly & Co offered to buy the animal health division of Johnson & Johnson's subsidiary Janssen Pharmaceutica for an undisclosed sum...
14 Mar 2011
Congressional Republicans on Wednesday will stage their first outright challenge to 2010's Dodd-Frank financial regulation reforms with a fistful of bills favoring private equity firms...
14 Mar 2011
Lextron Inc plans to buy rival Animal Health International for $111 million in cash to form one of the largest animal health businesses...
14 Mar 2011
A massive selloff on the Tokyo Stock Exchange wiped out some 23.5 trillion yen ($287 billion) from the market's value with investors dumping stocks as the country recoiled from a devastating earthquake and...
14 Mar 2011
Europe's leveraged loan repricing kicked off last week when French food company Picard Surgeles, through its new private equity owner Lion Capital, asked to cut 100 basis points (bps) off...
14 Mar 2011
Israel's largest mobile phone operator Cellcom offered to buy its sister company Netvision for about 1.5 billion shekels in cash in the latest deal in Israel's consolidating telecom sector...
14 Mar 2011
Anonymous, a hacker group sympathetic to WikiLeaks, released on Monday emails that it obtained from someone who said he is a former Bank of America Corp employee...
14 Mar 2011
Dubai may consider launching a secondary initial public offering (IPO) market and a bourse dedicated to trading of shares of small and medium-sized enterprises...
14 Mar 2011
The UAE's Etisalat plans to invest $100 million in Afghanistan between 2011 and 2012 and seeks to launch third-generation telecoms services this year...
14 Mar 2011
The board of Zain approved on Sunday an offer worth a total $5 billion including debt by Kingdom and Bahrain Telecom (Batelco) for the Kuwaiti telco's Saudi assets...
11 Mar 2011
National banking groups representing firms of all sizes are getting behind a lawsuit challenging the constitutionality of a crackdown on debit card processing fees...
11 Mar 2011
Chinese inflation topped expectations, with prices rising 4.9 percent in the year to February and looking set to climb faster in coming months, adding to pressure for another dose of monetary tightening...
11 Mar 2011
The family that runs 99 Cents Only Stores has teamed up with private equity firm Leonard Green...
11 Mar 2011
American International Group's bid to take back $15.7 billion in risky mortgage bonds may inject fresh confidence in a...
11 Mar 2011
Investment banks have made $533 million in underwriting fees on U.S. initial public offerings so far this year, the most they have made since 2005, according to Thomson Reuters data...
11 Mar 2011
A share sale in explorer Oil & Natural Gas Corp may be deferred to the second half of 2011 as the state-run firm reconstitutes its board of directors to meet regulatory needs, the Press Trust of India said...
11 Mar 2011
Canada's packaging and paper products company Cascades Inc said it agreed to sell Dopaco Inc, its foodservice packaging business, to New Zealand billionaire Graeme Hart's Reynolds Group Holdings Ltd...
11 Mar 2011
Covered bond advocates descended on Capitol Hill on Friday to testify before the House Financial Services Committee as the cause for establishing a market in the United States looks to be gaining traction...
11 Mar 2011
In a closely watched case that could test the reach of U.S. antitrust law, four Chinese companies face powerful evidence that they colluded to limit production and fix prices of vitamin C in the United States...
11 Mar 2011
Global companies demand an understanding of the diversity of their customers, employees and suppliers...
11 Mar 2011
U.S. red tape could pressure Glencore to complete an expected initial public offering (IPO) before mid-May or face having to refresh its accounts, potentially delaying its plans...
11 Mar 2011
Iberiabank Corp agreed to buy bank holding company Cameron Bancshares Inc in an all-stock deal valued at about $133 million...
11 Mar 2011
Britain's top share index was on track for its worst weekly performance in eight months on Friday, with insurers among the top fallers after Japan suffered a huge earthquake...
11 Mar 2011
Oil major BP has agreed to buy a Brazilian ethanol producer for $680 million (424 million pounds), expanding its presence in the country's biofuels industry in what it said was the...
11 Mar 2011
U.S. officials believe China's insurance regulator passed on proprietary information about AIG to its Chinese rivals during the American firm's collapse in 2008, according to unpublished diplomatic cables...
10 Mar 2011
Credit Suisse Group AG has agreed to pay $70 million to settle U.S. litigation accusing the Swiss bank of misleading investors about its subprime exposure and ability to limit losses...
10 Mar 2011
Settlements of securities fraud lawsuits are increasingly tied to U.S. Securities and Exchange Commission cases, a trend likely to continue as the agency increases enforcement activity...
10 Mar 2011
Global miner Rio Tinto raised its offer for Africa-focused coal miner Riversdale Mining to $3.9 billion on Thursday in a final bid to woo key shareholders, a move that Riversdale said was...
10 Mar 2011
Beaten up by accounting scandals, some Chinese companies that list shares on U.S. stock exchanges are dumping smaller auditors and hiring Big Four firms to...
10 Mar 2011
U.S. refiner Valero Energy Corp has reached an agreement to buy Chevron Corp's Pembroke refinery in Wales for around $2 billion, according to a source familiar with the matter...
10 Mar 2011
Macau gaming magnate Stanley Ho, chairman of the enclave's biggest casino operator SJM Holdings, has resolved his dynastic tussle against his family members...
10 Mar 2011
Cumulus Media Inc said it agreed to buy smaller rival Citadel Broadcasting Corp for about $2.4 billion, about three months after the radio broadcaster rejected an unsolicited Cumulus offer of about $1 billion...
10 Mar 2011
Starbucks Corp is teaming up with Green Mountain Coffee Roasters Inc to take on the fast-growing single-serve market, sending Green Mountain shares soaring 26 percent...
10 Mar 2011
Rovio, the Finnish developer behind the Angry Birds smartphone game, raised $42 million from investors and named Skype co-founder Niklas Zennstroem to its board...
10 Mar 2011
Rio Tinto raised its offer for coal miner Riversdale Mining with a final bid of $3.9 billion, a move the target company said was helping to win over institutional shareholders...
10 Mar 2011
The European Union should rely on international trade rules, rather than protectionist tools, to ensure that foreign bids for EU companies are not backed by state aid, the EU's antitrust chief said on Thursday...
10 Mar 2011
Canadian banks will declare their opposition to a proposed $3.1 billion takeover of the TMX Group by the London Stock Exchange...
10 Mar 2011
Global regulators published new rules to make the world's financial plumbing safer, but trading in stocks, bonds and derivatives will likely become more expensive...
10 Mar 2011
Glencore's plan to list shares in Hong Kong is expected to get strong support from market officials and regulators, with no restrictions necessary when the IPO filing heads to the city's listing committee...
10 Mar 2011
Following is a breakdown of China's exports and imports in February with some major trading partners, issued by the customs administration on Thursday...
10 Mar 2011
Bahrain is pressing charges against Saudi businessman Maan al-Sanea, the first time any of the players in a multi-billion dollar row with the Algosaibi family has faced the prospect of trial in a criminal court...
9 Mar 2011
Bank of New York Mellon was sued by a Pennsylvania transit authority this week in the latest legal skirmish over foreign exchange trading...
9 Mar 2011
A lack of investment in crucial technology systems is to blame for material weaknesses identified last year in the U.S. Securities and Exchange Commission's financial statements...
9 Mar 2011
Massachusetts charged a small hedge fund manager on Wednesday with having illegally used clinical trials data...
9 Mar 2011
The Bank of Japan looks set to refrain from any policy changes in keeping with its view that the economy is picking up from a lull, but may highlight a potential threat to growth if commodity prices continue to rise...
9 Mar 2011
Chinese companies wanting to invest in Australian resource firms have reassessed how they approach deals, and tensions over the last few years have evaporated, Australian Resources Minister Martin Ferguson said on Wednesday...
9 Mar 2011
Engineering projects and airconditioning firm Voltas Ltd's current order book will take care of revenues for FY12, and it is now widening its focus from the Middle East to geographies like South East Asia, a senior executive said.
9 Mar 2011
Bancassurer ING said it was preparing to sell online banking business ING Direct USA, part of a plan to raise funds to repay Dutch state aid...
9 Mar 2011
Walgreen Co plans to sell its pharmacy benefit management business to Catalyst Health Solutions Inc in a $525 million cash deal that...
9 Mar 2011
European Union states have failed to agree on how to regulate shortselling of derivative debt insurance contracts that some blamed for worsening the region's sovereign debt crisis...
9 Mar 2011
Fusion-io Inc, which makes storage solutions for enterprise servers, filed with U.S. regulators to raise up to...
9 Mar 2011
Germany's Daimler and Britain's Rolls-Royce may have to raise their offer for Tognum after the industrial engine maker dismissed a joint 3.2 billion euro ($4.4 billion) bid as too low...
9 Mar 2011
HCA, the biggest U.S. for-profit hospital chain, plans to go public on Wednesday, and analysts expect strong demand even though its private equity owners saddled it with a massive amount of debt...
9 Mar 2011
A fund run by hedge fund billionaire George Soros and one run by former U.S. Secretary of State Madeleine Albright are buying a controlling stake in APR Energy, a power generation services company, for $250 million...
8 Mar 2011
Skechers USA Inc sued Sears Holdings Corp, alleging that the housewares and apparel giant was selling footwear that...
8 Mar 2011
MoneyGram International said affiliates of private equity firm Thomas H. Lee Partners will own 55 percent of...
8 Mar 2011
Barclays Plc won a court case brought by a small San Marino bank that accused the UK bank of misselling it complex financial products, seen as a test case for the sale of derivatives...
8 Mar 2011
Billionaire hedge-fund manager Carl Icahn is returning outside investors' capital, marking the end of...
8 Mar 2011
EU lawmakers have approved a ban on some trading in debt insurance derivatives from 2012 to curb what some policymakers say is speculation that deepens the euro-zone debt crisis...
8 Mar 2011
Canada's Whitecap Resources Inc said it will buy privately held Spry Energy Ltd for C$187 million to boost its presence in west central Alberta and southeast Saskatchewan...
8 Mar 2011
A federal judge has refused to order Exxon Mobil Corp to pay an additional $92 million sought by the U.S. government and state of Alaska to address lingering damage from the 1989 oil spill in Prince William Sound...
8 Mar 2011
The Czech Finance Ministry is looking at how to avoid double taxation of corporate profits, Finance Minister Miroslav Kalousek said...
8 Mar 2011
The European Union's powerful new banking watchdog is setting out a tough fitness test for the region's lenders to ensure they can withstand future financial crises...
8 Mar 2011
Bankinter, Spain's smallest blue-chip bank, said it was raising its core capital ratio with a 406 million euro ($569 million) convertible bond, days ahead of a central bank update on lenders' capital needs...
8 Mar 2011
Technology-enabled education solutions provider Core Projects & Technologies is hoping to announce an overseas acquisition in the education space in the first quarter of FY12 , a top official said...
8 Mar 2011
Spain's Treasury launched a 15-year syndicated bond on Tuesday, hoping to take advantage of a benign market stance towards the country's debt relative to other higher yielding euro zone states...
8 Mar 2011
Boeing Co sealed deals worth $10 billion with two Chinese airlines as the world's second-largest economy expects to order more than 2,000 aircraft over the next five years to meet booming demand for air services...
8 Mar 2011
U.S. consumer electronics retailer Best Buy Co Inc said its China strategy will focus on expanding into inland cities, where consumption is booming and manufacturing groups are shifting production...
8 Mar 2011
Corporate whistleblowers are getting bigger and bigger payouts for reporting fraud, sparking a fresh debate about whether the rewards are justified...
8 Mar 2011
Hedge fund founder Raj Rajaratnam takes his chances in a two-month-long jury trial starting at the heart of the biggest insider trading prosecution in a generation...
8 Mar 2011
China wants its firms to buy top global brands as a short cut to improving their reputations, the commerce minister said on Monday, one of the clearest messages of official support yet…
7 Mar 2011
A Connecticut hedge fund manager pleaded guilty on Monday to running a multiyear Ponzi scheme that may have defrauded investors out of hundreds of millions of dollars, U.S. prosecutors said...
7 Mar 2011
Swiss biotech group Actelion Ltd won the support of one of its biggest shareholders on Monday in a war of words with activist fund Elliott Advisers, which has called on Actelion to...
7 Mar 2011
Emerging market economies that powered the global recovery may be growing too fast for their own good as inflation pressures build, a top International Monetary Fund official said on Monday...
7 Mar 2011
Record-high food prices could be the tipping point this year for U.S. restaurants already struggling with high debt loads and tight-fisted consumers...
7 Mar 2011
JPMorgan Chase & Co has settled a lawsuit accusing it of defrauding bond investors out of at least $1.2 billion through bad record keeping, court records show...
7 Mar 2011
Alexander Mortgage REIT Inc filed with U.S. regulators to raise up to $300 million in an IPO...
7 Mar 2011
Securities industry regulators are investigating municipal bond underwriters over "excessive expenses" in entertaining officials of credit rating agencies...
7 Mar 2011
Japanese regulators are drawing up plans to allow underwritten rights issues in the country, as they finally bow to years of investor pressure to overhaul the way...
7 Mar 2011
Canadian Banks don't expect to have to redeem securities early to comply with Basel III, the new set of global standards to shore up bank reserves in the wake of the international financial crisis...
7 Mar 2011
Magma Energy Corp said it will buy fellow Canadian clean energy company Plutonic Power Corp for C$190 million ($195.5 million) as it looks for ways to expand and...
7 Mar 2011
PetroChina Co Ltd, Asia's largest oil and gas producer and China's second-biggest refiner, is suffering refining losses with crude oil above $90 per barrel…
7 Mar 2011
China is planning trial efforts for an energy cap-and-trade scheme, applying market forces to its goals to reduce fossil fuel consumption and greenhouse gas pollution, the government said…
7 Mar 2011
The U.S. Supreme Court let stand a ruling that drug companies can pay rivals to delay production of generic drugs without violating federal antitrust laws...
7 Mar 2011
Denmark may remove a ban on short selling of bank shares, a finance ministry memorandum to parliament's European affairs committee showed...
7 Mar 2011
China has approved a $9 billion oil refining and petrochemical joint venture between Kuwait and Sinopec...
7 Mar 2011
Canada's Magma Energy Corp will buy clean power company Plutonic Power Corp for about C$190 million ($195.5 million) to expand its presence in hydro, wind and solar segments...
7 Mar 2011
Western Digital Corp , the world's No. 2 hard drive maker, agreed to buy Hitachi Ltd's hard disk drive operations for about $4.3 billion in cash and stock, in a bid to leapfrog market leader Seagate Technology Plc...
7 Mar 2011
France's LVMH will take over Italy's Bulgari in a 3.7 billion euros ($5.19 billion) deal to add luster to the No.1 luxury group's jewelry business and bring it more exposure to emerging markets...
7 Mar 2011
Swiss mining group Xstrata distanced itself from potential merger partner Glencore by naming industry outsider John Bond as chairman...
7 Mar 2011
Accuray Inc said it will acquire TomoTherapy Inc, a smaller rival in the radiation therapy system market, for about $277 million in a cash and stock deal...
7 Mar 2011
New Kuwaiti capital market laws related to takeovers will not apply to deals agreed before the rules are published this month, an official said on Monday, exempting Etisalat's...
7 Mar 2011
Terumo Corp said it would buy U.S. medical device company CaridianBCT from a Swedish firm for about $2.6 billion, marking the largest acquisition by a Japanese medical equipment maker...
7 Mar 2011
British testing firm Intertek is buying quality and safety services firm Moody International for $730 million (450 million pound) in cash to expand its offering to...
7 Mar 2011
The European Union will monitor wage costs in each member state to help them stay competitive, European Monetary Affairs Commissioner Olli Rehn was quoted as saying in a German newspaper on Monday...
7 Mar 2011
China plans to set up an insurance exchange in Shanghai as part of efforts to build the city into an international financial centre, the state media said...
7 Mar 2011
Aldar Properties will pay 4 percent interest on 2.8 billion dirhams ($762.5 million) of convertible bonds to be sold as part of its rescue package, a much higher rate than analysts had expected...
7 Mar 2011
Russia's Altimo said on Sunday it wanted independent directors to stay in Vimpelcom's board and played down corporate governance concerns after a $6 billion planned purchase of Wind Telecom.
7 Mar 2011
The London Stock Exchange is eying a takeover of its U.S. rival Nasdaq just weeks after announcing a merger with the Toronto stock exchange...
7 Mar 2011
India's unpredictable and non-transparent business climate could derail the growth of trade ties between Britain and Asia's third largest economy, British Prime Minister David Cameron has warned his Indian counterpart...
7 Mar 2011
The Financial Industry Regulatory Authority has fined Morgan Keegan more than $250,000 after the firm invested all of a client's portfolio in a hedge fund that...
7 Mar 2011
Municipal bond underwriters are under investigation by the Financial Industry Regulatory Authority to see if firms are funding lavish entertainment for rating agency executives...
6 Mar 2011
Europe's biggest bank HSBC may move its headquarters from London to Hong Kong because of what it sees as high levels of tax and red tape in the UK...
6 Mar 2011
The Gulf Cooperation Council, made up of six Gulf Arab states, will this year resolve outstanding issues to clear a path toward creating a customs union...
4 Mar 2011
Bauer Performance Sports, a maker of hockey equipment in Canada for more than 80 years...
4 Mar 2011
Private equity dealflow is bouncing back, with the value of deals so far this year up 88 percent from last year, lifted by a $9.4 billion deal by Blackstone Group LP to buy U.S. shopping malls from...
4 Mar 2011
Lanco Infratech has finalized its acquisition of Australia's Griffin Coal assets for A$750 million ($760 million), in what it said was the largest investment in Australia by an Indian company...
4 Mar 2011
Progress has been made on setting policies for compensation in the financial industry but more needs to be done, Deutsche Bank Chief Executive Josef Ackermann, who chairs an industry trade group...
4 Mar 2011
Malaysia's FELDA Holdings, the world's largest estate owner, is in talks to buy up to 90,000 hectares (222,400 acres) of land across Southeast Asia to tap into growing global demand for rubber and palm oil, and boost profits, its top official said on Thursday...
4 Mar 2011
BP's $7.2-billion deal to jump into India's oil and gas sector with Reliance Industries is the first sign of new investment that could attract more players, helping to boost output and meet surging demand...
4 Mar 2011
The deadline for the final round of bidding for failed Japanese consumer lender Takefuji Corp has been moved back to March 22 from March 10, court-appointed administrator Eiichi Obata said on Friday...
4 Mar 2011
China's Bright Food Group is optimistic about its bid to buy a 50 percent stake in French yoghurt maker Yoplait, a local newspaper reported on Friday quoting a company executive...
4 Mar 2011
The world's biggest advertising group WPP is winning new business from companies flush with cash but reluctant to commit to longer term investments, driving strong growth in the U.S. and in TV...
4 Mar 2011
A spider that likes the smell of gasoline so much it chooses to build its webs in car emission systems was behind the recall of thousands of Mazda cars in the United States this week...
4 Mar 2011
Lenovo Group Ltd is seeking opportunities for mergers and acquisitions in emerging markets as well as in the consumer segment, its chief executive officer said on Friday...
4 Mar 2011
China's leaders are trying to guide the economy into an era of slower growth, a change needed to keep inflation and debt under control. But they need only make a one-hour trip to the financial district sprouting up in Tianjin to see how that goal is already running into trouble...
3 Mar 2011
The chief executive of Beazer Homes USA Inc will forfeit millions of dollars in bonus pay and stock profits he received while the homebuilder was...
3 Mar 2011
A judge put on hold his ruling that President Barack Obama's sweeping healthcare law was unconstitutional pending appeal, allowing the White House to continue...
3 Mar 2011
Japanese trading house Itochu Corp said it has reached a basic agreement to buy top tyre seller Kwik Fit from European fund PAI partners for 637 million pounds...
3 Mar 2011
The value of mergers and acquisitions in the global mining industry surged last year as the race for resources accelerated, according to a report that ranked Canadian companies at the top of the M&A list...
3 Mar 2011
Family Dollar Stores Inc rejected Trian Group's bid to buy the company for at least $7 billion...
3 Mar 2011
H.J. Heinz Co plans to buy an 80 percent stake in a Brazilian food company for an undisclosed amount, establishing its first major business in Latin America's biggest country...
3 Mar 2011
Rupert Murdoch's News Corp took a huge step toward securing its prized $14 billion buyout of BSkyB when Britain accepted its proposals to alleviate competition concerns...
3 Mar 2011
Global Defense Technology & Systems Inc said it agreed to be acquired by Ares Management LLC in a $222 million deal that would take the defense intelligence company private...
3 Mar 2011
Teradata Corp said it would pay $263 million to buy the remaining stake in privately held analytics company Aster Data Systems Inc...
3 Mar 2011
Struggling sportswear retailer JJB Sports is offering its landlords a share of up to 7.5 million pounds if...
3 Mar 2011
British media groups opposed to plans by News Corp to take full control of BSkyB have attacked the government for backing the deal and said they will pursue legal steps to derail it...
3 Mar 2011
Biz Stone, the co-founder of popular microblogging site Twitter, said on Thursday the company was not planning to go public in any immediate future, and it would not need fresh funds as it started making money...
3 Mar 2011
Australian bourse said it was ready to take on competition and new rules announced by the securities market regulator to end ASX's two-decade monopoly in the...
3 Mar 2011
Billionaire hedge fund manager John Paulson has won a securities license in Hong Kong, joining the likes of GLG and Soros Fund Management making a beeline for the high potential Asian alternative...
3 Mar 2011
China's insurance regulator is considering raising the proportion of assets that insurers may invest in unsecured bonds to 30 percent from the current 20 percent...
3 Mar 2011
The architects of the London Stock Exchange's proposed takeover of TMX Group defended the transatlantic tie-up to skeptical lawmakers...
3 Mar 2011
Cosan, Brazil's largest sugar and ethanol processor, and Royal Dutch Shell estimate savings of 3.4 billion reais ($2 billion) through their joint venture, which could be ready to start operating by June...
3 Mar 2011
U.S. securities regulator is seeking information from unknown number of regional and community banks that have restructured troubled loans in order to make them...
3 Mar 2011
Nippon Steel Corp, JFE, POSCO and others will buy a 15 percent stake in a Brazilian rare metal miner for around $1.83 billion...
3 Mar 2011
The risk of bad deals is rising as competition heats up in Asia's booming private equity markets, Vinit Bhatia of industry consultants Bain & Co said at the Reuters Summit on Wednesday…
2 Mar 2011
American International Group Inc sold $9.6 billion worth of MetLife Inc shares, producing gross proceeds of...
2 Mar 2011
U.S. securities regulators issued a proposal to curb bonuses at brokerage and investment advisory firms over the objections of Republicans on the panel and...
2 Mar 2011
Greece's two largest airlines Olympic and Aegean will appeal against a European Union ruling that blocked their plans to merge, the carriers said...
2 Mar 2011
Egyptian telecoms firm Orascom Telecom said on Tuesday its planned merger with Vimpelcom would continue as planned after a court rejection of Telenor's injunction request...
2 Mar 2011
TNK-BP has offered to buy a 5 percent stake in BP for 5 billion pounds ($8.16 billion) in an attempt to resolve a dispute over BP's proposed deal with Rosneft...
2 Mar 2011
Large broker-dealers and investment advisers would face new restrictions on their incentive-based compensation under a proposal floated by U.S. securities regulators…
2 Mar 2011
Barnes & Noble Inc has settled a lawsuit brought against it by Spring Design, which had accused the top U.S. bookseller of illegally copying a screen design for its popular Nook electronic book reader...
2 Mar 2011
German banks will have to pay a levy to fund future bailouts even if they post losses, according to a draft decree that government sources said…
2 Mar 2011
The number out of work in Spain rose 1.6 percent in February from the previous month with more than a fifth of the workforce now out of work and job losses most acute in the services sector...
2 Mar 2011
The European Union's competition watchdog said on Wednesday it had made antitrust raids on a number of companies in the e-book sector suspected of having broken anti-cartel rules...
2 Mar 2011
Japan's third-biggest power firm, Chubu Electric Power Co, has agreed to buy a 5.95 percent stake in the Integra Coal Mine project in Australia from trading company Toyota Tsusho Corp...
2 Mar 2011
Former Goldman Sachs Group Inc director Rajat Gupta leaked secret details to Galleon Group hedge fund manager Raj Rajaratnam about Warren Buffett's plan to invest $5 billion in the Wall Street bank at the height of the financial crisis, a U.S. securities regulator charged...
2 Mar 2011
Yahoo Inc is in advanced talks to leave its Japanese joint venture in an effort to sort out its dysfunctional Asian partnerships and free up as much as $8 billion to fight Google and Facebook...
2 Mar 2011
The chief executive of Australia's Westfield Group , the world's biggest shopping mall operator, is handing control to two of his sons, starting a new era for a company the Jewish refugee founded 52 years ago...
2 Mar 2011
Four major online Japanese brokers have joined together to market mutual funds to retail investors, aiming to increase their share of that hefty market to a third from just 1.5 percent now, their heads said on Wednesday...
2 Mar 2011
An Egyptian judicial panel ruled on Tuesday that a state land sale to Palm Hills Development, Egypt's second biggest listed developer, was illegal and should be scrapped...
2 Mar 2011
Mass protests by Bahrainis, mainly from the majority Shi'ite community, have shaken the stability of the Gulf Arab kingdom that is home to the U.S. Fifth Fleet, since uprisings toppled veteran rulers in Tunisia and Egypt...
2 Mar 2011
Russian gas export monopoly Gazprom won the rights to a giant Siberian gas field destined to supply the fast-growing markets of China...
2 Mar 2011
Abu Dhabi-listed Etisalat's attempt to buy a stake in Kuwaiti rival Zain for $12 billion has failed, a Zain source said, after the deal's architect walked away...
2 Mar 2011
Carmakers are stepping up efforts to crack booming emerging markets, and Aston Martin, maker of luxury sportscars synonymous with martini-sipping fictional spy James Bond, is on the same mission...
2 Mar 2011
Zain Iraq, the country's biggest mobile phone operator, has received a $400 million loan from the World Bank to help it expand and improve services as Iraq tries to recover from decades of war and sanctions...
2 Mar 2011
Even with Middle Eastern tumult tearing down governments and pushing up oil prices, China will stay a restrained regional player, reluctant to gamble a growing pile of economic chips for uncertain political gains…
1 Mar 2011
The interest rate Ireland is paying on an 85-billion-euro EU/IMF bailout package is high but there is scope for it to be lowered, Ireland's central bank governor...
1 Mar 2011
A pending health check to restore credibility in European banks will be far tougher than last year's flawed test and governments need to be ready to prop up lenders who...
1 Mar 2011
Banking regulators have tentatively agreed on a new risk retention rule that will define when banks have to retain an interest in mortgages they write...
1 Mar 2011
Las Vegas Sands Corp said it has been subpoenaed by the U.S. Securities and Exchange Commission and is under investigation by the Department of Justice under...
1 Mar 2011
Shanghai and Hong Kong look set for a collision course as they seek to attract yuan listings by foreign firms, in a battle where the mainland market may have the upper hand initially...
1 Mar 2011
Goldman Sachs Group Inc said it is winding down two businesses that trade the bank's own money to comply with new U.S. financial reform laws...
1 Mar 2011
U.S. securities regulators are exploring changes to the rules for trading in the stock of privately held companies, an area in the spotlight as Wall Street banks seek investors for...
1 Mar 2011
A former Goldman Sachs Group Inc director has been charged by a U.S. regulator with leaking inside information to Galleon Group founder Raj Rajaratnam...
1 Mar 2011
Chrysler Group LLC has taken the first step to re-enter the U.S. capital markets through filings with the SEC...
1 Mar 2011
J. Crew Group Inc will once again be a private company after shareholders approved a $2.86 billion deal for the retailer to be acquired by TPG Capital and Leonard Green & Partners...
1 Mar 2011
NYSE Euronext's clearinghouse partner won U.S. approval to give fixed-income traders discounts on margin payments, removing the next-to-last regulatory hurdle before...
1 Mar 2011
AT&T Inc and other corporations do not have personal privacy rights to prevent disclosure of federal government records about...
1 Mar 2011
The U.S. Treasury on Tuesday launched an effort to sell trust preferred securities in Ally Financial Inc...
1 Mar 2011
Fifth Third Bancorp is under investigation by the Securities and Exchange Commission for how it accounted for and reported some of its commercial loans...
1 Mar 2011
Coca-Cola Co said on Tuesday that it acquired the remaining stake in Honest Tea for an undisclosed sum, completing a deal started three years ago...
1 Mar 2011
Carlyle Group will buy Japanese ball bearing maker Tsubaki Nakashima Co from Nomura Holdings for about $800 million, the largest acquisition by a buyout firm in Japan in more than a year...
1 Mar 2011
American Express Co said it could face up to an additional $500 million in losses from lawsuits and governmental examinations, on top of what it has already reserved for them...
1 Mar 2011
Israeli mobile phone operator Partner Communications' bid to buy 012 Smile Telecom has been cleared by local regulators, the parent of 012 Smile said on Tuesday...
1 Mar 2011
The board of the world's second-biggest retailer, Carrefour, is meeting on Tuesday to discuss plans to spin off 25 percent of Carrefour Property and 100 percent of its Dia discount unit in a bid to revive its share price, sources close to the situation said...
1 Mar 2011
Insurers cannot take gender into account as a risk factor in the costs and payouts from annuities and retirement savings as well as accident cover, the European Union's top court ruled on Tuesday...
1 Mar 2011
Foreign investment in China's southern economic powerhouse is expected to fall 8 percent this year as firms migrate inland because of sharply rising wage and materials costs, a survey found on Tuesday...
1 Mar 2011
Singapore, widely seen as one of Asia's least risky investment destinations, recovered from its worst economic recession last year with growth of 14.5 percent. The government expects the economy to grow by 4-6 percent this year...
1 Mar 2011
Landlocked Mongolia sits on vast quantities of untapped mineral wealth and analysts say it could be one of the fastest growing economies of the next decade, as well as a key investment target for mining giants...
1 Mar 2011
Ranbaxy Laboratories Ltd, controlled by Japan's Daiichi Sankyo, will market four of the parent's drugs in Singapore, the companies said on Tuesday...
1 Mar 2011
Qatar will invest 300 million euros in Spanish banks and has discussed other investments with Spain's prime minister...
1 Mar 2011
Norway's Telenor faces a London court for a second time on Tuesday, seeking to protect its voting rights in Russian cellphone company Vimpelcom...
1 Mar 2011
Barclays is to buy the British credit card assets of online bank Egg from U.S. lender Citigroup for an undisclosed price, as part of plans to boost its retail banking business...
1 Mar 2011
Japanese drugmaker Daiichi Sankyo will buy privately held Plexxikon Inc of the United States for $805 million dollars, gaining a late-stage melanoma treatment as it looks to bolster its fledgling cancer pipeline...
1 Mar 2011
Lending by Chinese banks has been excessively fast, topping the "extreme upper limit" set by regulators, the country's banking chief said at an internal meeting at the start of this year...
1 Mar 2011
U.S. traders, clearing firms and exchanges could reduce the risk of a runaway computer program roiling markets by using controls, such as kill buttons...
1 Mar 2011
The top U.S. securities regulator is taking a hard look at private offerings of hot tech companies to ensure that investors in this murky corner of...