The Shanghai free trade zone is a testing ground for finance and economic policy in China. Shanghai's free trade zone would have Citigroup Inc and Bank of China Ltd as participants in the eleven square mile experiment.
Investors
China's central bank to keep a steady policy
The Central Bank of China said last Sunday that it would keep policy steady to cope with economic uncertainties.
Etisalat to buy Vivendi stake in Maroc Tel
The exclusive discussion for Etisalat’s proposal to acquire Vivendi’s stake in Maroc Telecom had been extended up to October 31.
China's new trade zone opens in Shanghai
China opened its free trade zone in Shanghai and was hailed as the country's boldest reform, according to a Reuters report.
Oman's Bank Dhofar to merge with Bank Sohar despite CEO resignation
CEO resignation would not deter the merger of the two Omani banks. In an announcement, Bank Dhofar's CEO Anthony Mahoney had resigned from the bank.
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Nufarm is asking for openness from Aussie farmers as foreign investors would increase competition with the industry.
After more than dismal last quarter financial reports, BlackBerry is contemplating its exit from the smartphone market.
Critics say the UK Prime Minister's Home to Buy scheme would only push home prices higher than expected.
Due to the loss of support from the largest shareholders of Telecom Italia, CEO Franco Bernabe is planning to submit his resignation on October 3.
Videocon Group Chairman Venugopal Dhoot confirmed that its West Bengali project would commence by the end of 2013.
British solar solutions provider Solarcentury announced that it had formed a new venture in solar energy with South African local partner Momentous Energy.
JPMorgan's CEO met with the US Attorney General to finalize a settlement on the mortgage backed securities fraud investigations.
In an Upstart Business Journal report, Atlas Venture partner Jeff Fagnan endorsed startup investing network AngelList to Boston companies to increase venture capital investments in the area.
Online storage startup Box Inc co-founder Aaron Levie told an audience at a BoxWorks conference in San Francisco that the company's path towards an initial public offering would be the most natural thing to do.
