Industry

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.


Batista Pledged $1Billion for BNDES Loan

Billionaire Eike Batista pledged $1Billion of his personal wealth for BNDES Loan (Photo : Reuters)Billionaire Eike Batista pledged his personal wealth for BNDES Loan.

Bank of America Expected To Face Property Fees Suit

Bank of America expected to face Texas lawsuit and its corresponding fees (Photo : Reuters)Bank of America expected to face property fee suit filed Nueces County, Texas Bank of America Corp.

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


Latest News

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.
JP Morgan Chase cleared Hannam of market abuse charges today. (Photo : Reuters)This is the logo of JP Morgan Chase. Ian Hannam said today that JP Morgan Chase & Company cleared him of any charges previously attributed to him.
Chinese entrepreneur Cai Rongjun became a billionaire after his touchscreen manufacturer company advanced its stocks.
Final bidding for Optus underway. (Photo : Reuters)Optus Satellite sale largest telecommunications deal in Australia The final round of bidding for Optus is well underway.
Perform Group is currently raising funds to buy Opta, a sports data company, through a share sale. (Photo : Reuters)Perform Group financing their purchase of Opta through a public share sale Perform Group is funding their purchase for sports data company Opta through a share sale.
Dentsu Inc needs to raise Dentsu Inc made the announcement for their plans to raise funds that will help pay for the deal that they made with Aegis Group PLC.
The Reserve Bank of India is implementing a notification for private placements from non bank financial firms.
LCS and CareSouth Announced their plans for a joint venture. (Photo : Reuters)Joint Venture For CareSouth and LCS announced. LCS, the leader in senior lifestyle care and CareSouth, the leading regional provider for home health services, announced their joint venture, Health at Home.
Dell Founder, Michael Dell has been advised by experts to raise his current offer of $24.4 billion to Carl Ichan
Syngenta announced their intentions to acquire MRI Seed Zambia Ltd and MRI Agro Ltd. (Photo : Reuters)Syngenta announced today plans to acquire MRI Seed Zambia Ltd and MRI Agro Ltd.