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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.
Simon Murray New Gulf Keystone Chairman
Gulf Keystone appointed Simon Murray as new Chairman (Photo : Reuters)Gulf Keystone Petroleum appointed Simon Murray as new chairman Gulf Keystone Petroleum appointed former Glencore chairman Simon Murray as their new chairman.
Feinberg Skips Bidding for Freedom Group
Founder Steve Feinberg of Cerberus Capital Management LP decided not to go on with its planned bid for Freedom Group Inc said sources.
Batista's Downfall Affects Fellow Billionaire Esteves's Wealth
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.