Rio Tinto and Mongolia iron out key issues but there still remain a few

Davaadorj Ganbold said that major issues between the mining firm and the government have been ironed out but some still remain.


India Infoline to wind down retail brokerage services

India Infoline, in response to market movement away from equities, is closing down its retail brokerage division.

Oman projects total USD112 billion

In a MEED Projects Study, it was found that forty major projects in the Sultanate are in the pipeline with total cost to reach USD112 billion.

Mitsubishi Motors Corp seeks funds through public share offer

The purpose of Mitsubishi Motors Corp's public share offer is to pay back shareholders through the buyback of preferred shares.


Latest News

Twitter quitters would prove to be a challenge to investors in the social media site's upcoming IPO, a report said.
Boeing Co and Lockheed Martin Corp said they had formed an alliance to bid for the US Air Force long-range bomber program.
Provenge-maker Dendreon Corp was in the process of finding buyers, people with knowledge of the matter told Bloomberg.
JPMorgan to pay FHFA USD5.1 billion as settlement for loans and mortgage backed securities issues. A settlement agreement was finalized between JPMorgan Chase & Co and the Federal Housing Finance Agency on claims over defective home loans and mortgage backed securities.
The approval for a bridge loan was given to McKesson to facilitate its acquisition of Celesio AG. The largest pharmaceutical distributor in the United States, McKesson Corp, had recently obtained a USD5.
The amount of USD6 million was raised by Flint Mobile from its capital investors. The market leader in easy swipe free payments and mobile business integration, Flint Mobile, announced the receipt of USD6 million worth of new capital funds during the Street Fight Summit in New York.
Anonymous sources revealed the near completion status of the deal between Telefonica SA and PPF Group NV for the largest phone company in the Czech Republic.
Glencore Xstrata and Sumitomo Corp purchase 50.1% shareholdings in Clermont mine amidst increasing Asian demand for coal.
The consortium running the Cameron LNG Project has lined up loan financing for the capitalization needed for the project.
In twin moves, Swatch was able to identify the cause of its sales declines and increase the demand for its components by cutting back on deliveries.