More US Senators are getting concerned with the Shuanghui-Smithfield deal and urged thorough review regarding planned acquisition.
Investors
Eur60 Billion Euro Zone Bailout Fund to Save Banks
Finance ministers in the Euro zone agreed to systematically rescue important banks with a Eur60 billion bailout fund.
Hedge Fund Exits Rise in June, Investors Repositions in Mid-Year
Investors used the mid-year point to review fund portfolios making requests to pull out cash from hedge funds increase in June.
Putin Announces Investment Plan
Russian president Vladimir Putin announced US$13 billion investment plan on Friday during the annual business forum held at St. Petersburg.
Trio Merger Stockholders Approve Merger with SAExploration
Stockholders at Trio Merger approved merger with SAExploration during the special meeting held today by the company.
Latest News
According to the Nikkei newspaper, Mitsubishi UFG Financial Group of Japan paid US$4.1 billion for the acquisition of Thailand's fifth largest lender, the Bank of Ayudhya.
Ukrainian company gets a loan to build a wind farm. A unit of DTEK Holdings BV was able to get a Eur 138 million loan from Landesbank Berlin AG for developing a wind farm in the southern part of Ukraine.
Fiat is going to earn more from Chrysler this year. (Photo : Reuters)This is a photo from the Geneva Auto Show for the Chrysler booth. Fiat, the Italian car company is set to earn more from Chrysler this year.
Dish Network is set to redeem $2.6 billion in debt. (Photo : Reuters)The image shows a hanging sign of Dish Network. Dish Network made a bid to acquire Sprint Nextel and issued $2.
Shares of aircraft WiFi provider plummets. (Photo : Reuters)Logo of Gogo Internet. Gogo is a provider of WiFi for on board flights. Its services are available in major airlines like US Airways, Delta and American Airlines.
Sainsbury CEO Justin King sells part of his shares. (Photo : Reuters)The image is the Sainsbury branch during evenings. J Sainsbury Place is the third biggest grocer in the United Kingdom.
Osram warns of share value drop at debut in the market. (Photo : Reuters)The logo of Osram. In an effort to focus on the more profitable line of business, Siemens is set to spin-off its lighting arm Osram.
Mauritius Commercial Bank is aiming to raise 5 billion rupees. (Photo : Reuters)A building of Mauritius Commercial Bank. The Mauritius Commercial Bank is aiming to raise more than 5 billion rupees that would allow it to go ahead with a restricting plan.
Apax Partners raises funds for its latest fund Apax VII. (Photo : REUTERS)To match Insight APAX/ In a statement Friday, Apax Partners said it had raised nearly US$7.
