Goldman is reportedly leading in the race with Morgan Stanley to acquire largest share of Huarong's stock sale.
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Itau to contest USD8 billion tax charges
Itau Unibanco Holding SA will contest tax charges amounting to BRL18.7 billion (USD7.9 billion). Latin America's largest bank in terms of market value, Itau Unibanco Holding SA received tax charges amounting to BRL18.
Commerzbank taps Giesbert in fixed income & currencies and trading arms merge
The bank recently assigned Nikolaus Giesbert to head the newly merged fixed income and currencies sales and trading arms division.
Porsche continues to face legal battle against hedge fun cartel claims
Porsche faces court battles with investors over volkswagen AG. Porsche SE continues to face new legal battles against investors over their aborted purchase of Volkswagen AG.
Coca Cola launches new healthy drink in Thailand
Coca Cola introduces Huba, its new herbal tea drink, in its Thailand market. Coca Cola initially launched in Thailand its new herbal tea drink, Habu.
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Swire Pacific chairman Christopher Pratt, retires and is replaced former Cathay Pacific chief executive officer.
ParknShop, the biggest supermarket chain in China received bids from companies such as Woolworths, KKR and other investors.
The venture firm hires Todd Papaoiannou as its Entrepreneur in Residence. An infrastructure venture hedge fund focused on early stage Big Data developments had recently announced that it had appointed Dr.
Marriott planned to sell its three Edition hotels in London, South Florida and Manhattan upon completion of their construction.
Wells Fargo and Co agrees to buy ING Real Estate Finance debt worth US$1.6 billion. Wells and Fargo Co agreed to purchase the twenty-nine loans incurred by ING Real Estate Finance debt.
Former 'That 70's Show' star Lisa Robin Kelly passes away in her sleep while in rehab.
The European commission seek to prove that the Belgian aid to Wallonia airports was illegal. The European Commission (EU) called for an investigation into the Belgian aid for several airports in the Wallonia region.
The losses sustained by the owners of the NY Times because of the website being down is still to be calculated.
The UPS plane crash is now being investigated by Federal Authorities and as a result, the share values of the firm plummet.
