Institutional investors panick after MCX shares slide

Institutional investors, who own most of MCX's shares, panicked after shares of the company slid in the last quarter.


A succession problem looms for China's private businesses, Reuters reports

Reuters reported that China's private businesses could experience succession problem in the next few years.

IP Global and DeVere Group announce global partnership

IP Global and the DeVere Group announced the formation of a landmark global partnership. IP Global and the DeVere Group announced the formation of a landmark global partnership.

Chinese regulators urge recall of Fonterra products after latter issues warning of bacteria contamination

Chinese regulators urged local importers of Fonterra's products to recall their contaminated items after the dairy maker warned some infant milk and food products contained botulism-causing bacteria.


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The City of Richmond filed a lawsuit against Chevron Corp over a refinery fire that occurred last year.
San Francisco U.S. District Judge Charles Breyer rejected a motion filed by women workers of Wal-Mart's California offices as a class action lawsuit.
CBS blocked the access of Time Warner cable's customers to online shows after the cable operator dropped it from its network.
ServiceNow's CEO said the company continued to grow because they don't have many rivals. ServiceNow continued to sparkle in Wall Street analysts' eyes following its success to maintain its status as a premier growth stock.
Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share. Cisco Systems recently announced its plan to purchase Sourcefire for US$2.
According to sources, Compuware revamped its efforts to sell itself by looking for new buyout firms.
Apple lessened its budget for retail store supplies like pens and papers by 30% and reduced costs for employee trainings.
Analysts said that launching a mid-range iPhone would allow Apple to get the interest of the Chinese market and increase it revenue.
Windows 8 was still behind Windows 7 because adapting to new operating system would cost corporation a lot of time.
MidAmerican Energy Holdings Co is set to issue US$5.6 billion worth of securities to investors. MidAmerican Energy Holdings Co announced that they plan to issue an estimated US$5.