MMTC Stake Sale Kicks Off Government Divestment

MMTC Ltd. planned to raise 400 billion rupees through asset sales that were set at discounted 71% minimum bid price.


Hedge Funds Uses Recent Mexican Peso Sell-off

Macro hedge funds are using the recent sell-off in the Mexican peso as a buying opportunity. (Photo : Reuters)The image shows different currencies against the US dollar.

Dole Food Corp Board Under Investigation

Dole Food Corp board of directors to be investigated for allegations of breach of fiduciary duties and other violations.

Pope Francis appoints Monsignor Ricca for the Vatican Bank

Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.


Latest News

India's rapidly declining currency is a clear sign that US policy affects the whole world. (Photo : REUTERS)Indian currency of different denominations are seen in this picture illustration taken in Mumbai India is emerging as the canary in the mine for Asia's money market.
Net long position of the US dollar fell, together with other currencies according to the Commodity Futures Trading Commission.
Berkshire Hathaway announces the formation of a new firm specifically for the excess and surplus market.
Organic baby food producer Plum Organics was acquired by Campbell Soup Co. (Photo : forbes. com)This is an image of one of Campbell Soup's products.
Foreign investors, such as China and Japan, have started divesting their US bond holdings. (Photo : Reuters)The image is a bunch of 'Benjamins' in a row.
Tesco stops orders from Bangladeshi supplier after finding structural defects in its factory. (Photo : Reuters)The image is the corporate logo of Tesco UK.
As the dollar wins over other currencies such as the rouble and peso, emerging corporate bonds increase.
The Canadian dollar remains steady against the US dollar, but may change once the Federal Reserve Chairman makes his remarks on quantitative easing.
Curacao retained its A minus credit rating from Standard and Poor's but declines in outlook. (Photo : R)The image is the corporate headquarters facade of Standard & Poor's.
SOCAR, the Azeri state energy company, had started negotiations with the Greek government for the purchase of natural gas grid operator DESFA.