US authorities eye seizure New York luxury properties used in money laundering

US authorities want to seize real estate properties in New York that were used to launder money from Russia.


State needs to fix policy or we are out - corporate India

Corporate titans in India had pledged to invest elsewhere should there would be no long-term economic reforms in place.

US regulator okays Honeywell's buy of Intermec on condition

US Federal Trade Commission (FTC)'s Bureau of Competition cleared Honeywell International's proposed acquisition of Intermec on the condition that they license some key patents out to a competitor.

Occidental Petroleum set to sell and spin off assets

The second largest oil producer in Qatar, Occidental Petroleum Corp, is offering a minority share in its Middle Eastern operations.


Latest News

Azul CEO David Neeleman would be pushing through with an IPO after it cancelled its scheduled IPO last August because of unfavorable market conditions.
ThyssenKrupp AG is reconsidering the sale of its Steel Americas unit, selling off only its US operations.
Many lessons can be learned from the IPOs of other social media outlets as IPO would be conducting its own soon.
Former PNC Financial Services Group Chairman and CEO Jim Rohr had left the company to join General Electric Co. and was succeeded by Bill Demchak.
A lawyer for a JP Morgan Chase & Co. ex-employee argued with US prosecutors that his client was just following orders from his superiors in indicating prices for the "London Whale" deal.
ViroPharma had attracted interested suitors including Sanofi and Shire Plc. as it started working with Goldman Sachs Group for a possible sale.
Today, Molex Incorporated announced the completed purchase of FCT Electronics Group. Molex Incorporated was established in 1938 and operates as a global components company.
PE fund Golden Equity Investments announced its acquisition of Innovative Medical Device Solutions to expand into the orthopedic market.
Integrated Electrical Services Inc. announced today the completion of acquisition of MISCOR Group Ltd. paid through a combination of cash and stock.
Alongside its iPhone app launch, Sportslobster receives another USD1 million. Sportslobster. com, the sports social network, had announced the receipt of a further USD1 million funding alongside its September 2013 iPhone app launch.