After delisting the HVB shares in 2008, Unicredit is relisting its German units shareholders. Unicredit is studying to list a minority stake in its German unit, HVB.
Deals
Elbit Systems-made F-35 helmets allow pilots to see through jet's wings and floor
The helmets for the F-35 fighter jet would have high-tech features that allow pilots to see through the wings and floor of the F-35.
F-35 pilot helmets to be made by Israeli company
Israel-based Elbit Systems would be making the pilot helmets for the F-35 Joint Strike Fighters. The pilot helmets for the F-35 Joint Strike Fighter would be exclusively manufactured by Israel-based firm Elbit Systems and its US partner, Rockwell Collins.
Currency swap between South Korea and UAE finalized
The Bank of Korea recently announced a USD5.4 billion currency swap deal with the United Arab Emirates for a period of three years.
Royal Mail share values jump 40% since IPO
Royal Mail shares, criticized to be valued too low, had netted hefty profits for its investors. The Abu Dhabi and Kuwaiti sovereign wealth funds have respectively reported a profit of USD30 million each from their investments made in the recently sold UK Royal Mail.
Latest News
A venture agreement was formalized by several prominent entities with the goal of creating 'Airport City' in the city of Manchester.
Taiwanese and Chinese ties strengthened with new equity exchange center in Fujian, China. A cross strait equity exchange center in Fujian is being set up by China and Taiwan.
A loan with lower interest rate is what Abu Dhabi's Tourism Development and Investment Co is seeking for the completion of its project in the United Arab Emirates.
According to a study, airport modernization programs are necessary to improve services. According to the study conducted by the aviation consultancy firm CAPA in partnership woth aviation IT solutions provider SITA, special provisions such as WiFi inflight, use of mobile devices, self-check in areas, biometrics and e-Passports should be implented in the new airports in India.
Banking regulators now are empowered to confiscate and break up a financial institution if bankruptcy would only hurt the economy.
Countries such as Libya, Syria and Afghanistan as well as African countries such as Mozambique have become prime targets for Indian investments.
The position of COO was created and an old hand resigns from the company, according to Athabasca Oil Corp announcement.
Pennzoil's "Mission: ABLE" program donated three vans to three veterans for their specialized needs.
Emerging markets cry foul over the continued inaction on 2010 reforms passed in the International Monetary Fund.
