Bank of Canada will keep its targets of keeping rates low. The Bank Canada will stick to its targets in terms of keeping rates low despite talks of economic weakness during the G20 meetings in Moscow, Governor Stephen Poloz told reporters on Saturday.
Regions
CVC Capital puts up EUR10.5 billion for a European buyout fund
CVC Capital announced that they've accepted up to EUR10.25 billion in investments and that a further EUR250 million was in the works to be accepted.
Bruno Wu and Thomas Middelhoff to create an international media and investment firm
Bruno Wu and Thomas Middelhoff stated that they have combined assets with revenues of around US$2 billion to create a media and alternative investment firm.
IFC defies bearishness in Brazil, invests US$2 billion
The IFC had invested US$2 billion in Brazil amid sluggish economic growth and large demonstrations in the country.
Dunedin raises GBP300 million for buyout fund.
Dunedin successfully raised GBP50 million more from their original target of GBP250 million for its latest buyout fund.
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Hong Kong's richest man Li Ka-shing is reportedly considering putting up for sale the ParknShop chain for US $2 billion.
German opposition leader slammed Chancellor Merkel for not telling taxpayers that they will not be "excluded in any way" if the writeoffs continue.
According to speculations by Apple followers, the company's recent hiring of medical and fitness experts could mean that the iWatch is underway.
A state judge asked for the withdrawal of Detroit's Chapter 9 bankruptcy protection appeal. The city of Detroit's request for Chapter 9 bankruptcy protection was asked by a judge in Michigan to be withdrawn.
VF Corp. drops its bid to acquire Billabong, Australia's most popular surfing brand, saying that the asking price was too much.
A man bound on a wheelchair ignited a bomb tonight at China's busy Beijing International Airport.
China discards lending rates to allow financing institutions more freedom in packaging their lending rates.
The German government may be divesting its interest in Germany's second largest lender within the year.
Dell Inc.'s stocks fell at US $12.88 on Wednesday, the lowest since July 5.
Dell Inc. stocks dropped to the lowest level on Wednesday since July 5.
