James Packer’s Crown Ltd advanced on to the third stage of government approval process beating rival proposal from Echo Entertainment Group.
Investors
Assets Surge For Temasek
Temasek reported a surge in their global stocks as value of assets surge (Photo : Reuters)Temasek announced a surge in the value of their assets Temasek Holdings recorded a surge in the global stock market as it assets bolstered.
Bond Funds Loses US$60 Billion, Fed Rattles Markets
Ben S. Bernanke's, Federal Reserve Chairman, statement continued to rattle markets. Investors pulled out around US$60 billion.
Maersk Teams Up with Rivals, Expects to Boost Profit
Maersk Line merged with its major rivals and expected to boost its profit as soon as this month. (Photo : Reuters)The photo shows Maersk Line Maersk Line consolidated with its two major rivals, Mediterranean Shipping Co.
Indonesia Offers 7% Stake in Newmont mine
Indonesia offered a 7% stake in Newmont mine after long disputes of who should get the share in the copper and gold miner.
Latest News
IHS Inc. was granted early termination of waiting period for its acquisition of RL Polk & Co under the Hart-Scott-Rodina Antitrust Improvements Act of 1976, subjected to the satisfaction of closing conditions.
Yardi announced today that it has acquired Pierce-Eislen, a supplier of property and market level research.
Dentsu Inc, a Japanese advertising company looked to raised as much as Y120.1 billion in a public share sale to pay its short term debt from the acquisition deal with Aegis Group Plc.
Bharti Airtel increased its current stake in Qualcomm Inc from the previous 49% to 51% announced last Thursday.
Samsung Electronics announced acquisition of Boxee Inc, a New York based startup firm with a top box product that can record TV broadcasts and stream online videos.
Founder Steve Feinberg of Cerberus Capital Management LP decided not to go on with its planned bid for Freedom Group Inc said sources.
Fellow billionaire, Andre Esteves affected with Eike Batista's reversal of fortune (Photo : Reuters)Eike Batista's reversal of fortune affects fellow billionaire Andre Esteves Brazilian billionaire Andre Esteves is now feeling the effects of Eike Batista's reversal of fortune.
The Iraqi government may get funding from Citigroup for a proposed oil pipeline that will run through Jordan
Zynga's newly hired CEO, Don Mattrick was lured in the company with a US$50 million compensation package.
