DP Chairman confirms move from US markets to Latin American and African countries for port business.
Archives
Hapag-Lloyd Stops Merger with Hamburg-Sued
As merger talks stall, Hapag-Lloyd announces termination of merger plans with its rival Hamburg-Sued.
Standard Chartered Eyes Buyout of Egyptian Bank
Standard is considering to buy a bank in Egypt as it sees economic stability in the country. Standard Chartered plans to buy an Egyptian bank to benefit from the booming lending sector of the Middle East, regional head Christos Papadopoulos said.
EBX shareholdings needed to diversify
With nearly 70% of EBX shareholdings with its founder, Eike Bautista, there is a need to diversify in order to retain competitiveness.
Sinopec Group and Sinopec to Create JV
Mother company and subsidiary would form a joint venture partnership to boost profitability. A joint venture would be set up between China Petroleum and Chemical Corp and its mother company.
Latest News
Lion Air, going full blast on its expansion in Asia, orders a new batch of planes from Airbus. Lion Air's recent aircraft orders underscore the plans that the Indonesian consortium is planning to become as the largest pan-Asian low cost carrier.
Colombia, Peru, Costa Rica and Mexico are preparing its financial systems for the pressure from foreign markets on their currencies.
Reuters, in its investigation, found existing measures by the EU that could have avoided the Cypriot banking system collapse.
With the economy growing and the hosting of the World Cup and Olympics in the next few years, the foreign language market in Brazil is booming.
Cinven has raised Eur5 billion for at most four acquisitions in Europe this year. Cinven, the renowned private equity firm, has projected that it would make at most four acquisitions in Europe.
When compared against Pimco, Prudential rates better in terms of performance and value return. Pimco is acclaimed to be the world's biggest total return fund but many smaller funds also thrive in the market.
Gold prices surge as many investors opt for the metal in light of the Cyprus meltdown. Gold values expected to increase in the next quarter because of the current Cyprus crisis.
Itau' Unibanco emerges as top global debt manager according to Thomson Reuters data. Brazilian banks raced ahead of its foreign competition in the management of global debt offerings from both its government and fellow companies in 2012.
The slowdown in world markets and the decline of the US Dollar value against other currencies is a recipe for problems post 2008.
