On Sunday, Greek and EU officials said that Greece is likely to reach a deal with foreign lenders regarding its bailout review.
Industry
PAL Conducts Preliminary Talks With ANA and Emirates
PAL announced that they are conducting preliminary talks with ANA and Emirates for possible venture San Miguel Corp (SMC) announced that they are conducting preliminary talks with Japan's All Nippon Airways (ANA) regarding a possible partnership for Philippine Airlines (PAL).
Daiwa Seeks To Raise US$1.4 Billion Through Share Sales
Daiwa House Industry aims to raise US$1.4 billion through share issuance Daiwa House Industry, Japan's biggest home builder, aims to raise US$1. 4 billion in share issuance to finance a real estate development push which will help power the property sector.
Audi: Trade Talks Chance To Change Rules
Audi sees trade talks as chance to cut back on rules set by U.S. regulators Manufacturer of advanced lighting systems, Audi AG, sought the approval of futuristic headlights which will automatically dim for oncoming vehicles, which are set to be sold in the US.
Mobileye Raises US$1.5 Billion From Investors
Mobileye announced raised US$1.5 billion worth of funds from 5 investors. Mobileye announced that they were able to raise funds from five investors worth US$1.
Latest News
Germany's Bundesbank head says that the ECB cannot solve the current Eurozone crisis. According to Bundesbank Chief Jens Weidmann, the European Central Bank cannot solve the current Euro Zone crisis.
To prevent cross border issues, the European Banking Authority stands to create a database on bankers and key bank functions for sharing between countries.
Deutsche Bank, according to its CFO, needs to change balance sheet to comply with new capital requirements.
The PSE President Hans Sicat says sales record still achievable within the year. According to the Philippine Stock Exchange, the target for record shares sales for 2013 is still achievable.
According to data shown by the US government, higher jobs were created last June that totaled to 195,000 from the previous forecasted of 165,000 job generation.
The interest rates of US are expected to increase within 14 months that should have the world brace for prolonged dollar surge.
The decrease in demands for China was accounted for its slowing economic growth as Asian's coffee premiums remain at multi-month highs.
Standard Chartered organized this year's annual conference held in India by bringing African chairmen.
Former Provident executives were sentenced to jail after pleading guilty for investment fraud. According to United States attorney John M. Bales' statement today, four executives from Provident Royalties, Inc.
