A source told Reuters that the FHFA would settle the lawsuit it filed against JPMorgan Chase & Co on subprime mortgages for at least USD 6 billion.
Deals
Coca-Cola Femsa acquires Spaipa SA Industria Brasileira de Bebidas
The latest purchase made by Coca-Cola in Mexico was recently announced after an acquisition spree across three continents was undertaken.
Ironridge Global Partners opens China fund
Ironridge Global Partners LLC establishes China fund to invest in Chinese midcap companies or US firms doing business in China.
InfoTrust Group takes Flatirons Solutions name
To better achieve business goals for their partners, the InfoTrust Group utilizes the goodwill and leverage the Flatirons Solutions name provides.
Russian Aviation firms sign more than USD 12 billion contracts in 2013 Moscow air show
Russian Aviation companies signed deals amounting to more than USD 12 billion in the 2013 International Aviation and Space Salon (MAKS).
Latest News
propertyfinder.ae CEO and founder said that another property price bubble is in the making in Dubai.
T. Rowe Price banned some American Airline employees from trading the funds in their 401k plans because of collective trading.
Government protests and athletes' drug violations could imperil Turkey's bid for the 2020 Olympic Games.
The PCCI said that Indonesia had invited Filipino investors to invest in Amurang City's infrastructure and transportation sectors.
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.
Fidelity & Guaranty Life had sought to raise USD1 billion through an initial public offering said people involved in the planning process.
According to a top Indian government official, Walmart's plans of getting into the country's multi-brand segment could be at its final stage.
Richard Perry's fund, Perry Corp. had increased its holdings in JC Penney Corp. by adding 3 million shares in the stake it already owns in the retailer.
Merger and acquisition deals in India had slowed down after fears on US and UK anti-bribery laws threatened investment.
