OCC would register in Europe in order help companies seeking to trade in equity derivatives based in Europe.
Investors
Rates increases may dampen US real estate recovery
Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.
Alfa plans IPO of its food unit
Alfa, the Mexican conglomerate, had laid out plans to conduct an IPO of its food subsidiary Sigma Alimentos.
America Movil bid to come later than sooner
America Movil is biding its time in making a formal offer for KPN. America Movil SAB recently said it won't be making a formal offer until early October as it needs more time to negotiate with the management of Royal KPN NV.
General Motors issues bond for payouts
General Motors newly issued unsecured bonds were offered to the market and was lauded as preparatory for the return to investment grade status.
Latest News
Sino Ocean Land Holdings sold off new shares to China Life Insurance Co and the Nan Fung Group. One of the largest real estate developers in China, had said it would be raising USD808 million through the sale of new shares.
The conflict between heads in Intesa Sanpaolo may come to a head next week as Supervisory Board Chair Giovanni Bazoli meets with CEO Enrico Cucchiani.
An IPO or share sale by end of 2014 would be preferred mode of exit, according to TUI AG CEO. One of the shareholders in Hapag-Lloyd AG, TUI AG, has laid out plans to exit from its stake in Germany's biggest container shipping company.
According to a VW spokesperon, the trading volume at the London Stock Exchange was too low as against the administrative costs required.
One Thousand & One Voices, a private equity movement, announced the opening of its first office in Johannesberg, South Africa and its new private equity team.
Peugeot still is waiting on Dongfeng's investment while Chang'An Auto is all out in a venture with the French carmaker.
The Department of Telecom, upon the urging of the Comptroller and Auditor General, had confirmed the charges imposed on Bharti Airtel for improper spectrum use in seven areas.
Hettich's future plans include investments in research and development as well as training. Hettich, the German furniture fittings and hardware company, who has a subsidiary in India, said it would be investing about INR500 crore in the next five years.
Recon Instruments received funding from US venture capital firm Intel Capital. Vancouver, Canada-based Recon Instruments announced that it has received a significant investment from US venture capital company Intel Capital.
