Sources revealed that France-based Societe Generale would be issuing a USD 300 million Islamic bond program in Malaysia.
Investors
Judge throws out pension fund claim against Moody's
US District Judge George B. Daniels dismissed the suit filed by Teamsters Local 282 Pension Trust Fund against the credit ratings agency Moody's.
Alitalia and Etihad in discussion
Alitalia and Etihad are in discussion as to possible stake purchase from the Italian flag carrier. Alitalia is in discussion with Etihad Airways, resulting in the Abu Dhabi based airline purchasing a stake in the floundering Italian aircarrier.
Beating death of WWII veteran highlights criminal institutionalization
Delbert Belton was beaten to death by two teenagers, expanding again the issues of penal institutions and their activities.
Peter Munk seeks to regain investor confidence
A lot of Barrick Gold Corp investors had been in doubt about the direction the company is headed and the role of CEO Peter Munk who was once seen as a visionary man in the gold sector.
Latest News
Agustin Carstens, Governor of the Mexican central bank, asked the US Federal Reserve to clarify its plans for the reduction of its monthly bond purchases.
The presence of wild pigs had become a huge problem in the United States. Agriculture authorities in the US said wild pigs had become a tremendous problem in the country.
Banks were prompted to look at their tradition of "client hires" as the SEC deepened its investigation of JPMorgan's hiring of two Chinese nationals.
A recovery in the US housing market lifted the sales and earnings of Home Depot. Home Depot Inc gained from the rebound experienced in the US housing market.
A federal judge allowed the lawsuit filed by the Justice Department against a unit of Bank of America to proceed by endorsing a broad interpretation of the FIRREA.
Rexnord Aerospace announced acquisition for Micro-Precision Technology assets that would allow the two companies to expand their portfolio..
Wells Fargo said it had intended to expand its fund services clients in the Asian region by as much as 20% a year.
Al Jazeera America filed a lawsuit against AT&T for terminating their contract unfairly. Al Jazeera America filed a case against AT&T for unfairly terminating their Affiliation Agreement.
A federal judge upheld a jury decision against Marvell Technology on the patent infringement case filed Carnegie Mellon University.
