Archives

China residency processing time for expats make things difficult for businesses

The rule increasing the processing time from five to fifteen days was met with waves of complaints as it hinders business operations.


BBA Aviation falls as merger talks with Dubai Aerospace Enterprise ends

BBA Aviation plunged as much as 4.1% after merger talks with Dubai Aerospace Enterprises Ltd ceased.

NYSE Euronext buys minority stake in ACE Group Inc

NYSE Euronext bought a minority stake in startup ACE Group Inc. NYSE Euronext acquired a minority stake in ACE Group Inc. No financial terms were disclosed.

Marubeni-Itochu Steel agrees on USD 600 million purchase of Sooner Inc

Marubeni-Itochu Steel announced its purchase of US pipes trader Sooner Inc for USD 600 million. Marubeni-Itochu Steel Inc said it would purchase Sooner Inc for USD 600 million.


Latest News

Sentix Research Group reported that investor sentiment in the Euro zone was positive and upbeat this month.
Ping An Bank would sell more than 1 billion in new shares to its parent company Ping An Insurance to raise core capital.
Monte Paschi announced that it would approve a stricter restructuring plan on September 24 to qualify for a state bailout.
Andre Esteves' Grupo BTG Pactual exercised option to purchase MPX Energia shares. The investment bank controlled by tycoon Andre Esteves, Grupo BTG Pactual, had announced the exercise of an option to acquire 28.
According to sources who told Wall Street Journal, Neiman Marcus would be wrapping its over USD6 billion exit deal with Ares Management LLP and the Canada Pension Plan Investment Board soon.
Royal KPN NV announced in a statement today that its Chief Financial Officer (CFO) Eric Hageman filed for resignation effective immediately.
Tennis top seed Serena Williams got overwhelmed on her recent US Open Championship victory against player Victoria Azarenka.
Debuting on Comcast Corp's television network NBC, "The Million Second Quiz", its advertisement partners were optimistic that the novel format show would provide revenue opportunity.
Islamic lenders Al Salam Bank and BMI Bank agreed on a share swap merger deal. According from a statement released on Monday by Islamic lender Al Salam Bank, it had agreed on merging with fellow Bahrain-based lender BMI.
US engineering firm Jacobs Engineering purchases Sinclair Knight Merz for USD1.2 billion. AUD1. 3 billion is the price tag Jacobs Engineering Group would pay to acquire Sinclair Knight Merz.