ECB's executive board member said that the bank's interest rates would remain the same as long as inflation stays moderate.
Deals
Oriens: US$30 million merger/acquisition, a future possibility
According to Oriens, a US$30-million merger/acquisition was a future possibility. Oriens Travel & Hotel Management Corp. (OTHM) announced that the FROL Booking Engine exceeded the company's expectations.
China to hand over audit documents - Treasury Secretary
Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.
Neptune increases stake in Acasti Pharma Inc.
Neptune increased its stake in Acasti Pharma Inc. Neptune Technologies & Bioressources Inc. announced Friday its acquisition of 6,750,000 Class A common shares from Acasti Pharma Inc.
Gagfah offers 40 million shares to raise capital
Gagfah will be offering 40 million shares to raise capital. Gagfah, a German real estate group, announced last Tuesday that it will be offering 40 million shares to raise capital.
Latest News
India's commerce and industry minister, Anand Sharma, said that India was ready to begin talks regarding bilateral investment treaty.
Leaps's average 1,320 contracts per day climbed to 7,139 contracts which raised questions from options analytics.
JPMorgan Chase & Co. and Wells Fargo & Co., lost US$6.5 billion in combined equity that threatened levels of capital across the industry.
According to sources, signing and enactment of Colombian pension fund decree may be delayed. Colombia's Finance Minister, Mauricio Cerdenas, may announce that the signing of the pension fund decree could be delayed, according to high-level government and industry sources.
According to the Argentine central bank, the Evita bank notes are legal tender. The Argentine central bank said in a statement this week that "The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions.
According to sources, Pinnacle Foods and Fresh Del Monte were considering to place bids for Del Monte Foods.
Greece announced satisfaction with the decision of the euro zone which granted the country Eur6.8 billion to redeem bonds in August.
Latin American currencies low as investors waited for results of Fed's meeting. Latin American currencies changed little last Tuesday as investors waited for the results of the US Federal Reserve's latest meeting.
Mexican airport operator Grupo Aeroportuario del Centro Norte said on Monday that it has decided to re-launch a previously postponed initial offering.
