BHP delays USD14 billion Canada potash push after profit drops

BHP Billiton slow to build into expanded operations in the potash industry through delaying production at the giant deposit until at least 2020.


NYSE chooses JPMorgan, Societe Generale for Euronext IPO

NYSE tapped JPMorgan & Chase Co. and Societe Generale for the IPO launch of Euronext. NYSE Euronext is the bourse operator to be acquired by Intercontinental Exchange Group Inc.

Indian startup company to hire luxury cars for customers

CommonFloor to use luxury vehicles for taxi services. Real estate company, CommonFloor, had announced that it will hire air-conditioned vehicles for their wealthy costumers who are looking into buying at least one of their five million properties.

CLO refinancing at USD50 Billion seen rewarding risky issues

According to the Royal Bank of Scotland, approximately USD50 billion collateralized loan obligations could be refinanced in the next two years.


Latest News

SocialChorus had raise a total of USD8 million so far after the close of its USD2.5 million Series A Funding.
Ally Financial Inc. said through a statement that it had sought to repay a bailout debt valued USD1 billion.
BRE Properties Inc. declined a takeover deal priced USD4.6 billion as the valuation of the company was severely discounted.
Barnes & Noble's sales weakened after CEO Leonard Riggio cancelled his offer to purchase stores.
After its announced acquisition of StreetEasy for USD50 million in cash, Zillow Inc. was said to sell its share for USD82 per share piece.
Champion Medical Technologies won a "multi-million dollar investment" from Jump Capital, a private equity firm based in Chicago.
Leonard Riggio suspended his planned bid for Barnes & Noble Inc.'s retail businesses amid the firm's accelerating losses.
SmartyPants partnered with crowdfunding platform CircleUp to score USD 2.59 million in financing from new and current investors.
H.I.G. Capital-backed Harrison Gypsum acquired the Eagle Ford Division of Pinnacle Materials. Global private equity investment company H. I. G. Capital announced the acquisition of the Eagle Ford Division of Pinnacle Materials.
A Reuters report stated that Amazon Inc invested a massive USD13.9 million on warehouse facilities to strengthen its expansion.