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Anglo Platinum cuts on expenditures, may lay off workers

Anglo American Platinum Limited reveals cost-effective plans. Anglo American Platinum Limited (AMS), in its goal to regain profitability, plans to cut down employment from its South Africa head office.


Falcone admits wrongdoing, agrees to SEC ban

Billionaire Philip Falcone agreed to a five year ban in the securities industry and admits wrongdoing in the allegations filed by the US Securities and Exchange Commission.

Blackstone to sell Broadgate stake for USD2.7 billion

Blackstone Group LP agreed to sell its 50% stake in the Broadgate office complex valued GBP1.7 billion according to sources familiar with the deal.

Wang Jianlin becomes China's wealthiest person

Wang Jianlin, China's property mogul and also the wealthiest person in the country, said that he would increase his property holdings by 88% in 2014 and would expand overseas acquisitions.


Latest News

Jama Software gets a USD13 million partnership with Trinity Ventures along with Madrona Ventures Company.
CarProof sold a minority share to Hellman & Friedman, a leading private equity firm based in San Francisco.
360pi got a USD4.1 million partnership with Silverton Partners, a Texas-based company. 360pi retail price giant announce publicly that the company has sealed the deal with Silverton Partners, a Texas-based company.
The implementation of sequestration affected preschoolers due to federal government's budget cuts on programs.
Erroneous buy orders from Everbright Securities Co. prompted an early rally on China's bourse according to a securities regulator.
Despite the current market trends in India, a total of six small and medium enterprises had filed IPOs in the last one month.
Vietnam's Finance Ministry submitted a proposal to relax foreign ownership restrictions by allowing foreigners to increase voting shares in non-conditional industries.
Azul Linhas announced cancellation of its intended initial public offering (IPO) which was previously announced last May 27.
On Monday, the 2nd US Circuit Court of Appeals in New York announced that investors may revive a lawsuit against Barclays PLC.
Spain's El Corte Ingles said on Monday that it has reached an agreement with banks to refinance its EUR5 billion debt.