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Serbia seeks loan from UAE

Serbian Deputy Prime Minister Vucic confirms on television that he had asked his friend UAE Crown Prince Mohammed Bin Zayed for a loan.


China regulators investigate Bayer for unfair competition

Bayer said regulators in China were investigating their local office in the mainland for alleged unfair competition practices.

KKR considers joining forces with Japanese investment fund to buy Panasonic unit- reports

Media reports said US private equity firm KKR was considering an alliance with a Japanese government-backed investment fund for its bid of the healthcare unit of Panasonic.

Goldman Sachs secures lead role to run Twitter IPO - source

A source told Bloomberg that Goldman Sachs Group snatched a lead role in the upcoming IPO of Twitter.


Latest News

British telecommunications giant Vodafone Group announced on Thursday that it had secured at least 75% shareholder backing for the approval of the EUR7.7 billion or USD10.2 billion takeover bid for Kabel Deutschland.
A source told Bloomberg that Japan Display would be holding an initial public offering to raise JPY 200 billion or USD 2 billion.
Sources told the Wall Street Journal that JPMorgan & Chase would be allocating USD 4 billion to strengthen its oversight controls.
In separate statements made public today, Fresenius SE and Rhoen-Klinikum AG agreed on a USD4.1 billion acquisition deal of 43 hospitals in Europe.
Analysts predicted that Multimedia tracker Rentrak Corp. would be a potential target among companies who require ratings analysis on consumer digital content habits.
McDonald's made a buyout offer to Vikram Bakshi as the giant fast food chain planned to effectively settle dispute between the two sides.
Bruker Corporation announced today its acquisition of Prairie Technologies Inc, a provider of life sciences fluorescence microscopy products.
US Bankruptcy Judge Sean Lane approved American Airlines' petition to exit bankruptcy today at a court hearing held in Manhattan.
Walt Disney Co. announced its plans to buy back around USD6 billion to USD8 million stock starting 2014.
Shoppers Drug Mart's shareholders had cast an overwhelming vote in favor of Loblaw Co's buyout bid.