Industry

SAC Capitol Announces Strong Returns For June

Steven A. Cohen run SAC Capitol announced strong return of investments for the month of June Hedge fund firm run by billionaire Steven A. Cohen, SAC Capitol Advisors announced that they are seeing a strong return of investments in June despite the global market sell-off.


Portfolio Adjustment For UBS After Stock Market Correction

Due to stock market corrections, UBS announced that they are adjusting their portfolio Asset allocation strategists from UBS are saying that they are increasing their 'overweight' stance when it comes to equities.

Egypt: Stock Up, Debt Insurance Cost Down

Egypt stocks soar and debt insurance cost plummet after ousting of President Mursi After the military ousting of President Mohamed Mursi, Egyptian share soared 6% and debt insurance costs plummeted.

No Banking Crisis In China Despite Cash Crunch

Cash crunch in China does not signify banking crisis According to experts, China's financial system is on a healthier trend. The recent cash crunch experienced by the country did not signal any systematic risk.


Latest News

Accoriding to an ammendment, Amarc can increase controlling interest in the joint venture. An amendment to the ZNT and Galaxie joint venture was announced by Amarc Resources Ltd.
A group of wheat growing states joined the US Justice Department antitrust division in investigating a proposed joint venture by ConAgra Foods Inc and Horizon Milling.
The International Monetary Fund approved Pakistan's US$5.3 billion loan to help the nation stabilize its struggling economy.
The European Union and China hope to defuse conflicts by negotiating about a solar panel deal. On Friday, the European Union and China were finally moving in the direction of a new contract.
CNOOC announced that they have signed a PSC with PetroBroad Copower CNOOC Limited announced that the China National Offshore Oil Corporation (CNOOC), its parent company, has signed a PSC or a production sharing contract with PetroBroad Copower Limited (PetroBroad Copower) to do work for Block 28/03 in Pearl River Mouth Basin.
Karim Kanji announced his resignation from Barclays Head of coal, dry-freight and iron-ore trader at Barclays Plc (BARC) Karim Kanji announced resignation from the bank.
Admeta announced the signing of a supplier agreement with BBC worlwide private ad exchange Admeta announced that they have signed a supplier agreement with BBC Worldwide to optimize and monetize the Good Food and Top Gear properties outside of the United Kingdom.
Credit Suisse estimated that they will receive US$94 Million hits from UK tax deal Credit Suisse forecasted that they are expecting a loss of CHF90 million or something in the area of US$94.
Etihad announced that they are near to closing deal with JAT Airways Etihad Airways announced that they are close to coming to an agreement over an equity investment with JAT Airways.
GDF Suez is highly considering taking an active role in a French bid GDF Suez is considering taking an active role in the French bid for the nuclear reactor project in Saudi Arabia.