Pension funds invest in traditional reinsurance companies- report

Guy Carpenter said the global pension fund industry has invested USD 10 billion worth of funds in insurance.


Nexon eyes more acquisitions to grow in North American market

Nexon Co would be doing more deals to enhance market share and increase revenues in North America. Japanese online games maker Nexon Co said it would be looking more deals to increase its revenues in the US.

Regulator investigates MREITs- report

The New York Fed was looking more closely at mortgage real estate investment trusts, according to a report from the Financial Times.

Livonia enters Baltic economies with USD 117 million private equity fund

Livonia Partners would be investing in three Baltic economies with a private equity fund valued at USD 117 million.


Latest News

The construction of a fire escape led to the fire at Yuengling Brewery's Tampa, Florida plant. The fire that razed the storage building of Yuengling Brewery in Tampa, Florida was caused by the construction of a fire escape.
Yuengling Brewery would resume operations on Monday after Saturday's fire. The fire that hit Yuengling Brewery in its facility in Tampa, Florida would not affect the company's operations.
Equifax Credit Information Services would receive an undisclosed amount from SBI as an investment. Equifax Credit Information Services, the India-based credit information bureau, announced that State Bank of India would be making an investment in the company.
If the new airline becomes profitable, expansion through acquisition of other airlines in the European countries would be next on the agenda for Air Serbia, according to Deputy Prime Minister Aleksandar Vucic.
Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.
In nixing the deal to allow the exit of Marathon Oil, a below market offer would be made shortly by the Libya owned NOC for the shareholdings.
Several people have come forward claiming racial profiling after purchase of luxury goods from stores resulted in detention by NYPD upon complaint by high end retail stores.
In order to avoid the fiasco of Facebook on the NASDAQ, the NYSE ran simulated IPO tests to iron out glitches and kinks in its systems.
In a recommendatory report, Rothschild said it would be best to have the bank's bad debts placed in an internal bad bank instead of breaking up the bank.
Blackstone Group LP President Tony James sold 3.25 million shares managed through a firm controlled by his family.