Goldman Sachs Makes Second Indian Investment in Two Weeks

Goldman Sachs invests US$20 million in BPL Medical Technologies, its second investment in as many weeks.


AirAsia X to Do IPO

AirAsia X, the long haul carrier of the largest budget carrier in Asia, would be doing an IPO. AirAsia X Bhd is starting to feel out investor interest for the initial public offering for the long haul unit of the largest budget carrier in Asia.

Carson Block Betting Against British Bank

Carson Block is on the attack against the debt portfolio of Standard Chartered bank. Carson Block is hedging against the debt portfolio of Standard Chartered Plc, saying that the UK bank is earning most of its profits from Asia due to its loan quality deterioration.

SoftBank President wants Silicon Valley office for Sprint-Softbank merger

Masayoshi Son, Softbank co-founder and President is planning to build a Silicon Valley office for the merged Softbank-Sprint company.


Latest News

Fresenius CEO Ulf M. Schneider is on the lookout for deals for the expansion of the German group. Fresenius SE, the diversified healthcare group from Germany, has identified possible firms for ripe for takeovers.
Sharp delivers screens to both Apple and Samsung, who are locked in a bitter battle, to remain profitable and viable in the new technology market.
The Department of Treasury will sell off its shares in Detroit carmaker General Motors. The US government has sold off a major portion of its shareholdings in General Motors Co.
Gulf coast countries, wary of the Euro Debt crisis and other factors, are choosing to invest at home rather than overseas.
Swiss Finance Minister said that the government would be debating on the issue of bank secrecy on two specific points.
Shanghai Volkswagen would build a 12.08 billion yuan factory located at the Changsa Economic and Technological Development Zone.
The EBRD is thinking of going directly to the small business man to help jumpstart the European economy.
Icahn, seeking to fight off the Dell-Silver Lake bid, is asking investors to dig deep and put their money on the computer maker.
German exporters face tough hurdle because of the Yen's continued depreciation. The big exporters of Germany are facing a new difficulty from its Japanese competitors following the quick depreciation of Yen as against the Euro.
Russia's Finance Minister says there is a need for Russian Parliamentary approval for any terms changed on the loan.