ENRC founders together with the Kazakh government is seeking to privatize the mining firm. The three pillars of Eurasian Natural Resources Corp is set to lead a consortium seeking to privatize the mining firm.
Deals
Food Safety Changes: The Key to Shanghui Acquisition of Smithfield
Shanghui International Holding Ltd. stated its key to success from acquiring Smithfield Food Inc. Wan Long, the chairman of Shuanghui International Holdings Ltd.
Prime Minister Abe Faces Strong Challenges as Japan’s Capital Spending Decreases
Capital spending for Japan slides off to a 5.2% rate in this year's first quarter making Abe face challenges of restoring pledged private investment.
Deadline Extended for DBS to Takeover PT Bank Danamon Indonesia
DBS Group Holdings Ltd. has extended the deadline to takeover PT Bank Danamon Indonesia from Temasek Holdings PTE.
Dubai Shares Increased to Its Highest after HSBC Strengthens MSCI Bets
Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.
Latest News
Telecom Italia Chairman Franco Bernabe, through an interview, updates the process of the buyout from Hutchison Whampoa.
ISS advises its shareholder clients to accept the bid of Softbank over Dish Network for Sprint. (Photo : Reuters)The image is the logo of the largest US proxy advisor firm, ISS.
HSBC is planning to sell off shares totalling of 98.94% of its stake with the PT Bank Ekonomi in Indonesia.
Erajaya Swasembada and Foxconn Technology Group are said to be discussing a deal of partnership for the Indonesian market.
The Kingdom Hotel Investment sells a hotel in Mauritius to Hawaiian-based Outrigger Hotels and Resorts.
Yelp's CFO, Rob Krolik, announced that the company's doors are open to a possible partnership with Facebook graph search feature.
Cerberus stake falls behind after US private equity fund launched an unsolicited bid. (Photo : Reuters)John W. Snow (center, CEO of Cerberus Capital Management LP strikes a pose with other CEOs.
Japanese firm Mitsubishi plans to buy a majority stake from the Brazilian grain company, Los Grobo Ceagro.
US stocks were sold off yet government bond yields increased. With the rising sentiments of consumers about the Federal Reserve's next step, the US stocks that were sold and the bond yields from the government increased.
