Batista's Downfall Affects Fellow Billionaire Esteves's Wealth

Fellow billionaire, Andre Esteves affected with Eike Batista's reversal of fortune (Photo : Reuters)Eike Batista's reversal of fortune affects fellow billionaire Andre Esteves Brazilian billionaire Andre Esteves is now feeling the effects of Eike Batista's reversal of fortune.


Proposed Iraq To Jordan Oil Pipeline May Get Funding From Citigroup

The Iraqi government may get funding from Citigroup for a proposed oil pipeline that will run through Jordan

AMP Capital To Buy Stakes In NZ Power Co Ltd

AMP Capital offered to buy US$408 million worth of stakes for Power Co. (Photo : Reuters)AMP Capital offers to buy stakes in NZ Power Co. AMP Capital offered to buy 42% stake in New Zealand's second largest gas and electric distributor, Power Co Ltd.

Crest supports Sprint's bid for Clearwire shares

Crest Financial said it was supporting Sprint's purchase of Clearwire's stake after Spint increased its bid from US$2.97 to US$5.0 per share.


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Michael Dell’s US$24.4 billion bid to take Dell Inc private mounted odds as the Institutional Shareholder Services firm lean against the offer and the company’s board urged the founder and his partners to increase their bid.
AMP Capital Investors Ltd resumed acquisition of Japan’s stock with expectations that Japan’s Prime Minister, Shinzo Abe would win upper house votes.
Yahoo Inc acquired Xobni, an email and address book management app, to boost its Web traffic and revamp its online products.
Federal Communications Commission members approves Sprint-Clearwire-Softbank deal. (Photo : Reuters)FCC gives a green light for the Sprint-Clearwire-Softbank deal The FCC gave the Sprint Nextel-Soft deal the green light as they collected the final vote for the approval of the merger.
Egypt's stocks rose on Monday while headlines are abuzz about its president and the military. (Photo : Reuters)The image shows anti-Mursi protesters gathered at a public cafe while listening to Mursi's speech.
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:- Samsung Electronics Co Ltd has acquired TV digital recording device company Boxee, the South Korean manufacturer said on Wednesday.
The UK Department of Business had appointed three firms as part of the preparations for the IPO of the Royal Mail Group.
Davra Networks ‘Internet of Everything’ got $2 m illion Series A Funding and a new Board member.
Domtar acquired Associated Hygienic Products for an undisclosed amount. (Photo : Reuters)The image shows the logo of Domtar Corporation, which recently acquired Associated Hygienic Products.
Indinvest Partners acquired a stake in KLS Partners. (Photo : Reuters)This is the corporate logo of Idinvest. Idinvest Partners, a private equity firm from France, purchased a stake in KLS Partners.