Economic Stability in China Foreseen through Manufacturer Expansion

China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.


WSJ: SAC Capital Advisors LP Braces for US$3.5 Billion Redemptions

SAC Capital Advisors LP is bracing for more than US$3.5 billion redemption notices from outside investors.

Sacramento Kings Remains in California according to NBA

Mayor Kevin Johnson's efforts to retain the NBA franchise in the city of Sacramento succeeds after its approval by the NBA Board of Governors.

ENRC Founders Seeking to Privatize Mining Firm

ENRC founders together with the Kazakh government is seeking to privatize the mining firm. The three pillars of Eurasian Natural Resources Corp is set to lead a consortium seeking to privatize the mining firm.


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Bilfinger is setting its sights to the Asian and North American markets for expansion. Bilfinger SE, the construction and industrial services conglomerate from Germany is planning to expand into Asia or North America through acquisitions.
After completion of prerequisites, the second tranche of the Euro bailout plan for Greece was released.
German, Belgian, French and other bonds have been falling in the world market. (Photo : Reuters)The image is a bond market trader grimacing at the numbers.
UBS AG France is under investigation for its bank practices. (Photo : Reuters)The image is the UBS sign on its corporate headquarters. The French unit of UBS AG has been placed under formal inquiry as part of an investigation started in 2012 over the practices conducted by the bank in France, according to a spokesperson.
ISS advises its shareholder clients to accept the bid of Softbank over Dish Network for Sprint. (Photo : Reuters)The image is the logo of the largest US proxy advisor firm, ISS.
IVG is seeking to lessen its overall indebtedness to retain a viable loan to value ratio. (Photo : Reuters)The image is the corporate log of IVG Immobilien IVG Immobilien, the property firm from Germany, said that it would need to lessen its liabilities by at least Eur1.
HSBC is planning to sell off shares totalling of 98.94% of its stake with the PT Bank Ekonomi in Indonesia.
Erajaya Swasembada and Foxconn Technology Group are said to be discussing a deal of partnership for the Indonesian market.
The Kingdom Hotel Investment sells a hotel in Mauritius to Hawaiian-based Outrigger Hotels and Resorts.
Yelp's CFO, Rob Krolik, announced that the company's doors are open to a possible partnership with Facebook graph search feature.