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UBS AG French unit under investigation

UBS AG France is under investigation for its bank practices. (Photo : Reuters)The image is the UBS sign on its corporate headquarters. The French unit of UBS AG has been placed under formal inquiry as part of an investigation started in 2012 over the practices conducted by the bank in France, according to a spokesperson.


ISS says ok to Softbank bid for Sprint

ISS advises its shareholder clients to accept the bid of Softbank over Dish Network for Sprint. (Photo : Reuters)The image is the logo of the largest US proxy advisor firm, ISS.

IVG Seeks to Lower Indebtedness

IVG is seeking to lessen its overall indebtedness to retain a viable loan to value ratio. (Photo : Reuters)The image is the corporate log of IVG Immobilien IVG Immobilien, the property firm from Germany, said that it would need to lessen its liabilities by at least Eur1.

HSBC Plans to Sell Stake In PT Bank Ekonomi Raharja

HSBC is planning to sell off shares totalling of 98.94% of its stake with the PT Bank Ekonomi in Indonesia.


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Yelp's CFO, Rob Krolik, announced that the company's doors are open to a possible partnership with Facebook graph search feature.
Two brokerages were sanctioned after having been found out of helping fraudulent IPOs. (Photo : Reuters)The Chines flag waiving in front of rising business sectors The Securities Regulatory Commission in China will fine two brokerages for helping perpetrate fraud IPOs get listed on the bourse.
Cerberus stake falls behind after US private equity fund launched an unsolicited bid. (Photo : Reuters)John W. Snow (center, CEO of Cerberus Capital Management LP strikes a pose with other CEOs.
Japanese firm Mitsubishi plans to buy a majority stake from the Brazilian grain company, Los Grobo Ceagro.
Kinder Morgan Energy Partners LP has announced the cancellation of a $2 billion worth of project for Freedom oil pipeline.
US stocks were sold off yet government bond yields increased. With the rising sentiments of consumers about the Federal Reserve's next step, the US stocks that were sold and the bond yields from the government increased.
The US Treasury has announced suspension of pension funds to raise its debt limit. The US Treasury announced last Friday the suspension on pension funds payment.
Dell urges its shareholders to support founder/CEO Michael Dell's buyout proposal. Dell Inc. has called on to its shareholders for the approval of a $24.
Hulu received a hefty number of bidders giving bids of more than a billion for a piece of it. More than $1 billion was offered by DirecTV and two other bidders.
Held in Yokohama, the Tokyo International Conference of African Development gave a $32 billion fund to aid the economic development of Africa.