Investors
SAC Says No Employee Reduction Will Take Place
Speculations had it that SAC Capital Advisors LP will reduce the numbers of its staff but the firm's president denied said speculations through an e-mail sent out to workers.
OCI To Sell Stake In Texas Methanol Plant
Orascom Construction Industries (OCI) plans to sell minority stake it has in a Texas methanol plant.
Rio Tinto Calls for Final Bidders
Rio Tinto Ltd. calls for final bidders for their majority stake in Northparkers copper mine in Australia.
Goldman Sachs Invest US$135 Million to ReNew Power Pvt. Ltd.
Recent announcement stated the investment of US$135 million by Goldman Sachs in India-based energy company, ReNew Power.
Latest News
Mobiquity was able to raise US$12 million in series B financing for its geographic expansion goals. (Photo : Reuters)The image is the corporate logo of Mobiquity.
Bloomberg LP unveils Bloomberg Beta, a fund focusing on technology start up firms. (Photo : Reuters)The image is the corporate logo of Bloomberg News. In an announcement, Bloomberg LP unveiled Bloomberg Beta, the US$75 million venture fund that would focus on providing financial investments in early stage technology firms and start up ventures.
Bharti Airtel shareholders approved the sale of 5% equity worth US$1.2 billion to Qatar Foundation Endowment.
The Yankees and the Mets, both New York MLB teams are climbing in value in the bond market. (Photo : Reuters)The image is the corporate logo of Major League Baseball.
San Miguel to sell off its stake in Meralco to fund its oil and gas expansion. (Photo : Reuters)The image is the corporate logo of the Philippines' San Miguel Corporation.
Springer Science, the German publisher, is weighing whether to sell shares or entertain bids for the company.
Bayer purchases Conceptus shares and becomes majority shareholder without need for shareholder vote due to right to top up the transaction.
Akhmetov's SCM has purchased 92.79% of Ukrtelecom from EPIC of Austria. Rinat Akhmetov, Ukraine's richest business mogul, owns a firm that had recently announced that it was purchasing Ukrtelecom, the former Soviet Republic's biggest fixed line operator.
Jefferson County finally reached settlement for its debts with seven hedge funds including JPMorgan Chase & Co.
MTS is discussing acquisition of Akado, a major broadband and cable TV provider in Moscow, Russia. Last Wednesday, Kommersant Daily reported that MTS is in discussion to acquire Akado, a major broadband and cable television provider in Russia.




