Former JP Morgan executive to clear name in London Whale scandal

Achilles Macris, former CIO of JPMorgan, said he was denied due process for he was denied the opportunity to respond to the allegations.


Devon Energy and Crosstex Energy forge new company

A soon to be named company would comprise of 7,300 miles of pipeline and storage and trucking facilities.

Apollo sought dismissal of Cooper suit

In a letter to presiding judge Sam Glasscock III, Apollo Tyres lawyer sought the dismissal of the case filed against them by Cooper Tire & Rubber Co.

Kior gets commitments for its second biofuel plant

Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.


Latest News

French frozen baking industry leader Europeene des Desserts was recently bought out by Equistone Partners Europe Ltd's Fund IV.
Trinity Biotech purchases Lab21's blood bank screening unit for USD7.5 billion. In a recent move, Lab21 had sold its blood bank screening unit to Trinity Biotech for USD7.
beRecruited, the top athletic recruitment social network, was sold off by Madison Parker Capital to the Raine Group.
BHP Billiton did not confirm the reason for such return of oil and gas stakes in India. BHP Billiton, the global mining firm, said last Monday that it had given up nine oil and gas exploration blocks located in India.
The Burman family and Healthcare At Home UK form joint venture for the Indian market. The promoter of Dabur India, the Burman family, is entering into the healthcare market through a joint venture with the founders of UK based 'Healthcare at Home'.
A potential consolidation of French perfumery chain Nocibe and German books-to-cosmetics retailer Douglas Holding would create France's second-largest perfume retailer.
The offered senior notes from Renaissance is worth USD350 million with a five year term. Renaissance Services, an Omani based firm, announced last Monday that its subsidiary, Topaz Marine was in the process of marketing a five year USD350 million senior note offer.
According to UAE Financial Markets Association President Mohammed Al Hashemi, the potential merger of the Dubai Financial Markets and Abu Dhabi Securities Exchange would create opportunities to boost investor capital in the United Arab Emirates.
In an announcement today, Ultra Petroleum Corp said it would be acquiring oil-producing properties that are located in the Colorado Plateaus province for company expansion.
Crown Castle International Corp was set to own AT&T Inc's 600 wireless towers and be an exclusive operator of the US phone company's 9,100 other towers for a premium price of USD4.85 billion.