Canadian dollar falls against US greenback due to current trends. (Photo : Reuters)The image is a Canadian dollar bill, a twenty to be exact. The Canadian dollar fell to its lowest level against the US greenback with concerns that the gains achieved from the risky assets have outpaced the current economic growth.
Regions
China's Premier Criticizes EU Move
China's Premier Li Keqiang has criticized the move of EU to investigate alleged anticompetitive activities of two Chinese firms in Europe.
Egypt Set To Return Tax Collected
Egypt set to return the taxes collected from the QNB acquisition of NSGB. (Photo : Reuters)The image is the Arabic logo of the Qatar National Bank. In an announcement, the Egyptian government has said it would be refunding taxes it has collected from the acquisition by Qatar National Bank of National Societe Generale Bank.
Kion Biding Time with IPO
Kion Group has said it is biding its time with its scheduled IPO. The second largest manufacturer of fork lifts in the world, Kion Group has said it is ready to undertake an initial public offer of shares.
Pay TV Operators to Bid for Hulu
Pay television operators amongst the bidders for Hulu. An anonymous source with direct knowledge of the transaction identified pay television operators DirecTV and Time Warner Cable as among the bidders, aside from Yahoo and the consortium led by Peter Chermin.
Latest News
Charles Steel joins Ares Private Equity Group as its Managing Director. (Photo : Reuters)The image is the corporate logo of Ares Management LLC. The Ares Management LLC disclosed today the joining of Charles Steel with Ares Private Equity Group as its Managing Director.
Bluefly's treasury shares as well as shares held by stockholders were purchased by Clearlake Capital.
Many buyout firms and manufacturing companies are eyeing the sale of Panasonic's healthcare unit.
Google contemplating on acquiring Waze. The creator of the Android operating system, Google Inc. , is also contemplating on acquiring the free mobile navigation application, Waze Inc.
Hulu.com auction attracts more bidders. The private equity fund, Guggenheim Digital Media and former President of News Corp, Peter Chernin, have already tendered their bids for the online video service, Hulu Video, as related by sources who are knowledgeable of the matter to Reuters.
Computacenter is offering options to its shareholders for the return of investments, either through a class B share or a dividend amount.
Dai-ichi Life Ins. Co.,Ltd purchased 40% shareholdings in Panin Life of Indonesia worth 30 billion yen.
Mando China Holdings Halts IPO trading in the Hong Kong Stock Exchange citing 'adverse market conditions' and 'significant market volatility'.
Upon its ascension to the Premier League, Cardiff City is exploring an IPO for the club. Vincent Tan, the billionaire Malaysian, is in the planning stage of an initial public offer of shares of footbal club Cardiff City as early as this 2013.
