Finland based Nokia bought Siemens AG’s stake in the telecoms-equipment venture company priced at Eur1.7 billion.
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Naptha Loading Offered End Of July By ONGC
Naptha supply offered by ONGC to potential buyers end of July (Photo : Reuters)The image shows workers in a gas field. The Oil & Natural Gas Corp, also known as ONGC sold 35,000 metric tons of naphtha which is ready for loading on July 30 to July 31 from its site in Hazira, India.
Asian equities hurt by Fed policy, China's PMI
Asia-pacific investors continue to fret due to Fed’s quantitative easing and China’s economic slowdown.
China Development Bank Steadfast in Keeping Zero Bond Risk
CDB maintains its Zero bond risk until end of 2013. (Photo : Reuters)China Development Bank maintains zero risk until end of 2013 China Development Bank is keeping its motto of having zero risk when it comes to bonds as compared to commercial banks in China.
Lenders recommence talks on Greece's rescue loan
Greece and its international lenders picked up where they left off on talks about the country's bailout loan.
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Government sees positive results from negotiations. (Photo : Reuters)Greece Prime Minister talks about 8. 1 Billion Euro Bailout The Greek government led by Prime Minister Antonis Samaras was hopeful as talks commence regarding the release of funds by the IMF or the International Monetary Fund, the European Union and the European Central Bank.
Hardcastle Restaurants looks at raising funds through a qualified institutional placement (QIP) or a follow on public offer (FPO) as it planned to double its store chains in India.
The government of India may allow foreign retail stores such as Walmart and Tesco to come into the industry without any of those conditions given that their multi-brand retail venture is less than 50%.
Ahmad Hamad Algosaibi & Brothers Co. planned to make a new offer on US$7.2 of debt to creditors. Ahmad Hamad Algosaibi & Brothers Co. planned to make a new offer on US$7.
Initial public offerings were raised to US$42 billion in the second quarter from the previous US$20 billion made during the first quarter.
GSK was offered a formal takeover bid priced more than a billion pounds for its soft drink brand Lucozade and Ribena by Blackstone and Lion Capital.
Ahmed Reda Halawani resigned from Kingdom Holding Co. due to personal obligations and commitments as stated by the company in a statement on the Saudi bourse.
Onyx Pharmaceuticals Inc stated that it has rejected the unsolicited bid from Amgen Inc priced at US$120 per share piece.
Noki Oyj agreed to buy the stakes of Siemens AG in the Nokia Siemens Network according to sources. (Photo : Reuters)The image shows the Nokia Siemens Network sign inside the company's building.
