Israel Corp. exercised its rights in TowerJazz, with TowerJazz raising US$22 million in the process.
Regions
Australia's Brambles Spins Off Recall Holdings
Australia's Brambles planned to spin off Recall Holdings. Brambles Ltd. has announced a revival of a previous plan to exit Recall Holdings. Recall Holdings, a data management business, would then be listed on the Australian Securities Exchange (ASX).
German Industry Orders Slump
Last May, the demand for capital goods at home experienced a slide in Germany. The German demand for capital goods at home experienced a slide in May. The decrease was at 1.
Energisa Offer For Rede Energia - OK
Creditors for Rede Energisa gave the Energisa offer the green light Creditors for Grupo Rede Energia SA, a Brazilian power distributor currently seeking to exit a backruptcy protection, approved for a takeover plan initiated by rival company Energisa SA.
China: Credit Cut off to Rebalance Economy
Friday last, China announced that it would cut off credit to force consolidation in industries. Last Friday, China announced that it would cut off credit to force consolidation in industries.
Latest News
Last Friday, US stocks jumped by 1% while the dollar rallied and Treasury debt prices decreased. On Friday, US stocks leaped 1% while the dollar rallied and Treasury debt prices decreased.
Lloyds planned to sell its stocks amidst talk of investor boycott. Lloyds Bank planned to sell 39% stake, which is a step towards its privatisation. However, talks of boycott among investors could have a negative effect on how the sale proceeds.
South Korea is temporarily suspending $7.3 billion fighter jet bidding South Korea announced that they are temporarily suspending the US$7. 3 fighter jet bidding initiated by the South Korea's Defense Acquisition Program Administration (DAPA).
The CFTC would be conducting a formal meeting to discuss its new rule on swaps. The US Commodity Futures Trading Commission (CFTC) announced for a formal meeting on July 12 to discuss how new rules apply abroad.
According John Wasik, the past week has been an abject lesson for investors who piled into bond funds this year.
New Century Real Estate Investment Trust raises $87 million from their trimmed IPO New Century Real Estate Investment Trust (REIT) announced that they were able to raise HK$676 million or an estimated US$87.
The Swiss Bankers Association (SBA) said last Friday that most of their UK resident clients would rather come clean and pay their taxes instead of paying one-off punitive tax payment.
The protests in Brazil, Egypt and Turkey should push governments around the world to provide crucial public services and opportunities to their citizens.
Brazilian are hitting the streets to show dissatisfaction Brazil citizens are hitting the streets in mass protests as they rally poor public schools, hospitals and transport.
