The King Hamas decree granting BHD185 million bailout to Gulf Air is set to be vetoed by a number of MPs since it was done while Parliament was in recess.
Deals
Over USD2 billion worth of artwork for sale in New York auctions
Owners of over USD2 billion artwork to be sold in auction houses like Christie's included hedge-fund billionaire Steven A. Cohen.
Edwin Watts Golf Shops files for bankruptcy
Florida-based retailer Edwin Watts Golf Shops LLC filed for bankruptcy protection in Delaware. U. S. golf retailer Edwin Watts Golf Shops LLC had filed for Chapter 11 bankruptcy protection.
Twitter's IPO is an indicator for future startups
Both Wall Street and Silicon Valley await how the market responds to Twitter's IPO. Twitter's IPO is not just about shares held by investors and employees.
Berkshire investments in utlitiies pays off
The earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for 40% of income for Berkshire Hathaway.
Latest News
The merger between law firms Cooley and Dow Lohnes would not absorb the latter's lobbyist group.
Merlin Entertainments was set to close its London float order books early because of the strong demand, according to a source.
The shares of solar-cell maker Shunfeng Photovoltaic International Ltd rose after it agreed to buy Suntech Power for $492 million.
The Australian Securities Exchange would be the venue for the IPO of Nine Network. The firm that owns Nine Network would start trading on the Australian Securities Exchange by December 6.
US antitrust regulators would like American Airlines and the US Airways Group to agree to concessions before giving their stamp of approval for the merger.
Whitehaven Chairman Mark Vaile said the future of the mining company is assured with the two mines it is preparing to go online.
SunPower Corp acquired Greenbotics Inc for its robots that clean solar power panels. US solar manufacturer SunPower Corp purchased Greenbotics Inc. The latter manufactures robots that can clean solar panels.
Billabong International would be selling its West 49 stores to YM Inc for CAD 9 million to CAD 11 million.
Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014. Westpac is set to increase its focus on growth for 2014, as it looks forward to another record making profit season.
