Royal decree for bailout funds set to be vetoed by Bahraini parliament

The King Hamas decree granting BHD185 million bailout to Gulf Air is set to be vetoed by a number of MPs since it was done while Parliament was in recess.


China's BYD says it will hire more US workers in LA plant

Chinese carmaker BYD Co Lt said it would hire more local workers for its California plant after being accused of breaking US labor rules.

Cooley-Dow Lohnes to spin off lobbyist group for sale - report

The merger between law firms Cooley and Dow Lohnes would not absorb the latter's lobbyist group.

Merlin set to close London share sale early

Merlin Entertainments was set to close its London float order books early because of the strong demand, according to a source.


Latest News

The Australian Securities Exchange would be the venue for the IPO of Nine Network. The firm that owns Nine Network would start trading on the Australian Securities Exchange by December 6.
US antitrust regulators would like American Airlines and the US Airways Group to agree to concessions before giving their stamp of approval for the merger.
Whitehaven Chairman Mark Vaile said the future of the mining company is assured with the two mines it is preparing to go online.
SunPower Corp acquired Greenbotics Inc for its robots that clean solar power panels. US solar manufacturer SunPower Corp purchased Greenbotics Inc. The latter manufactures robots that can clean solar panels.
Billabong International would be selling its West 49 stores to YM Inc for CAD 9 million to CAD 11 million.
Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014. Westpac is set to increase its focus on growth for 2014, as it looks forward to another record making profit season.
The president of the Federal Reserve Bank of Dallas has called out the US leadership on its continued gridlocks in a speech held in Sydney, Australia.
Centrica decided to scrap plans for £2 billion wind farm unless the government subsidies to be given will be significantly increased.
A consortium led by Chinalco was shortlisted to bid for Glencore Xstrata's copper mine in Peru, a Chinalco executive said.
With two mainland China IPOs oversubscribed, consumer confidence indicates greater trust in new IPO shares.