Orege secures new capital from concluded IPO (Photo : Reuters)Orege SA, French Water Technology Company raises needed capital from concluded IPO French water technology company Orege SA raised Eur20 million with the completion of an initial public offering that was posted on Euronext Paris.
Industry
Diageo Acquires Stakes in United Spirits Ltd
Diageo PLC announced that they have acquired stakes in United Spirits Ltd. Diageo PLC announced that they have acquired a 25. 02 % stake in Vijay Mallya-led United Spirits Ltd (USL).
Money Influx Hurts China Rates
Money influx hurt China money market rates. Money market rates fell after the Chinese government announced injection of funds into an interbank market system.
SK Energy Returns To India Naphtha Market
South Korea's SK Energy returns to the naphtha market and makes 35,000 tonnes purchase (Photo : Reuters)SK Energy of South Korea buys 35 tonnes of cargo from Oil and Natural Gas Corp SK Energy, South Korea's top refiner bought 35,000 tonnes from Oil & Natural Gas Corp.
China-Pakistan bond strengthen after pipeline investment
After China's interest in the Pak-Iran pipeline project, the ties between the two countries are said the have been strengthened.
Latest News
To deter future thieves in the industry, a judge sentenced an accused investment broker for 12 years in prison.
John Garland created an 888 Fund which aims to attract the wealthiest investors in Asia. (Photo : Reuters)This is an Australian dollar. John Garland, a businessman from Perth, Australia, formed an investment fund in an attempt to attract Asia's wealthiest investors to the Australian market.
Google's acquisition of Waze could put Israel's tech development industry back on the map, analysts said.
Manila Water Company's (MWC) stock prices plummeted after a week since it was reported that the water regulator was letting its consumers pay for its taxes.
Provincial Government of Alberta Canada made arrangements to ship oil via TransCanada pipeline (Photo : Reuters)Provincial government of Alberta government agreed to transport oil via TransCanada pipeline Canada's province of Alberta, having the world's third largest crude reserves, made a deal with TransCanada Corp (TRP) to ship oil via pipeline for C$5 billion.
Sindh chief minister urged foreign and local investors to invest in the region's several industries.
To achieve the 3% leverage ratio target proposed by Basel, analysts claimed that Deutsche Bank still has to increase its capital or decrease its assets by 409 billion Euros.
Russia's Gazprombank has withdrawn from the Swiss franc Tier 2 Bond deal, source revealed. (Photo : maximzimin. com)Gazprombank pulls out of deal allegedly While the third largest bank belonging to the Russian Federation, Gazprombank, has yet to give an official statement on this move, the source confirmed that the bank preferred to wait for better market conditions before continuing on with the Swiss Franc Tier 2 deal.
Dayli, an Austrian drug store chain acknowledged that its neighborhood stores concept is not effective, and therefore filed for a restructuring on Thursday.
