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Legal Issues To Confront Smithfield-Shuanghui Deal in Midwest States

The deal between Smithfield Foods and Shuanghui International may face legal challenges as Midwest states prohibits foreign ownership over agricultural lands.


Severn Trent Rejects Increased US$8.2 Billion Takeover Bid

Severn Trent rejected the raised bid from LongRiver consortium. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent, a British water firm rejected the increased US$8.

Bank Al Khair to Merge with Khaleeji Commercial Bank

According to sources, Bank Al Khair is expected to merge with commercial bank, Khaleeji Commercial Bank.

What to Watch in The Week Ahead

The U.S. economy might be strong enough for the Fed to start easing its monetary stimulus in the fall but the next few months could be a bumpy ride.


Latest News

Raiffeisen Bank International Chairman says that it would tighten compliance rules due to the latest Stepic controversy.
Mediaquest acquires AME Info and SME Info with many buyout provisions affecting current operations and staff complement.
Chrysler Jeep is looking for a Chinese partner for the manufacture of the vehicle in China. (Photo : Reuters)The image is the emblem of Chrysler Jeep. Fiat, the Italian carmaker is looking towards China for a partner to assist in the manufacture of the Chrysler Jeep brand in the largest car market in the world.
Berkshire Hathaway expressed interest in purchasing assets owned by Unipol. (Photo : Reuters)Berkshire Hathaway's fourth-quarter profit plunged sharply in part on an underwriting loss in its reinsurance business related to life insurance.
French President Francois Hollande calls out European Union to resolve the row with China on importations.
CIC VP was quoted as saying that CIC's overseas investment portfolio grew in 2012. (Photo : Reuters)The image is CIC Chairman Lou Jiwei. China Investment Corp, the sovereign wealth fund of China, has reportedly said that it had increased its overseas investment returns by 11% in 2012 after reporting a loss back in 2011.
Dillon, the owner of Chateau Haut-Brion acquires nearby Chateau L'Arrosee. (Photo : Reuters)The image is the standard wine tasting done during a wine auction.
ICA, the largest infrastructure firm in Mexico, is set to sell of part of its shareholdings in OMA to raise funds.
Japan's public pension would undergo changes as the government seeks to buy more equities. Japan's public pension fund stated that it will reduce its holding of local bonds and buy more shares.
Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.