Marc Castro

Mitsubishi Motors Corp seeks funds through public share offer

The purpose of Mitsubishi Motors Corp's public share offer is to pay back shareholders through the buyback of preferred shares.

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Argentina urges hold order on payment judgement to debt holders

In a filing with the US Supreme Court, Argentina seek stay of payment order issued by lower court.

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Obama says shutdown clear sample of differences between parties

Obama, in a fundraising speech, said that the differences between Democrats and Republicans were exemplified in the recent budget impasse.

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Huishang Bank Corp to do IPO in Hong Kong

The current freeze order for domestic IPOs in China forced lender Huishang Bank Corp to list its IPO in Hong Kong's index.

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United Airlines fined for violations of the tarmac rule

The highest fine was imposed upon United Continental as thirteen flights went beyond the three hour tarmac rule at O'Hare International Airport last July 13, 2012.

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Japan Exchange fell as profits decreased

Japan Exchange fell after expectations were unmet as major stocks pulled down the market.

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JPMorgan and FHFA forge settlement agreement

JPMorgan to pay FHFA USD5.1 billion as settlement for loans and mortgage backed securities issues.

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McKesson obtains bridge loan

The approval for a bridge loan was given to McKesson to facilitate its acquisition of Celesio AG.

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Flint Mobile closes Series B round with USD6 million in capital pledges

The amount of USD6 million was raised by Flint Mobile from its capital investors.

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Telefonica SA and PPF Group NV nearing deal for Czech Republic's telephone firm

Anonymous sources revealed the near completion status of the deal between Telefonica SA and PPF Group NV for the largest phone company in the Czech Republic.

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Glencore and Sumitomo purchase majority stake in Australia's Clermont mine

Glencore Xstrata and Sumitomo Corp purchase 50.1% shareholdings in Clermont mine amidst increasing Asian demand for coal.

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Loans set to fund the Cameron LNG Project being lined up

The consortium running the Cameron LNG Project has lined up loan financing for the capitalization needed for the project.

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Swatch announces revenue decline and cut back on component deliveries

In twin moves, Swatch was able to identify the cause of its sales declines and increase the demand for its components by cutting back on deliveries.

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IPIC pays off loan that purchased bank stake

A USD2 billion loan was paid off in full by state owned IPIC from RHB Capital.

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Dubai firm to put up LNG factory in the Philippines

Kampac International Chairman Charles Ampofo lauded the Philippines' economic growth.

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