People

Aruba's Credit Rating Downgraded by S&P

Aruba's credit rating now at BBB+ from A- according to Standard and Poor's. (Photo : Reuters)The image is the logo of Standard and Poor's 500.


India-based Ambanis Signs US$2.1 Billion Telecom Deal

The Ambani brothers of India announced signing a US$2.1 billion Telecom Deal. (Photo : Reuters)The image is Reliance Industries' Chairman Mukesh Ambani.

RBS Executive to Step Down

Royal Bank of Scotland CEO Stephen Hester was urged by the bank's board to step down prior to the government's sale of its 81% stake.

US Regulators: Deutsche Bank Terribly Undercapitalized

According to US banking regulator Thomas Hoenig, Deutsche Bank's capital levels are horrible and that the bank is the worst on a list of banks worldwide.


Latest News

International Automotive Components announced its IPO filing valued at US$115 Million with BofA Merrill Lynch, JP Morgan and Deutsche Bank Securities as its underwriters.
Chesapeake Energy shareholders soundly rejected the proposed leadership change process. (Photo : REUTERS)To match Special Report CHESAPEAKE-MCCLENDON/LOANS On Friday, the shareholders of Chesapeake Energy Corp rejected the proposal that would allow the board of directors of the company be replaced in one fell swoop.
Karin Kovacic is named as BNY Mellon - Alcentra Mezzanine Partners' new vice president. (Photo : Reuters)This is the logo of BNY Mellon. BNY Mellon - Alcentra Mezzanine Partners, a provider of equal capacity and senior debt, announced on Friday that Karin Kovacic is its new vice president.
Nourish Organic gained $3 million in investments from Renewal Funds and several other strategic investors, including actor Ben Stiller.
Softbank Corp's CEO, Masayoshi Son said that a deal with T-Mobile will be his Plan B if he fails to acquire Sprint Nextel.
AGC Composites and Aeronautics added Robert Khoury into its board of directors. (Photo : REUTERS)A pilot stands by his plane, a Hawker Beechcraft T-6C Texan II, during the second day of the Dubai Airshow AGC Aerospace & Defense, a company that supplies commercial and military tech and services from Oklahoma, announced on Friday that Robert J.
Lampert used US$393 million of shares in AutoNation Inc. to cater to client redemption demands after investors saw struggle at Sears Holdings Corp.
Since February, top executives of Elan and Royalty Pharma have been vying to control over Elan. (Photo : Reuters )Irish drugmaker Elan will be giving back $1 billion to shareholders as a boost from the sale of its stake in multiple sclerosis treatment Tysabri to partner Biogen Idec.
Gary Kenneth Toomey succeeded Nikos Kardassis as CEO for India-based Jet Airways. (Photo : Reuters)The image shows Jet Airways aircraft. Nikos Kardassis was succeeded by Gary Kenneth Toomey as chief executive officer of Jet Airways (India) Ltd.
Charlie Ergen of Dish Network won a round against SoftBank Corp. as Clearwire Corp. endorsed the bid offer from Dish.