Wolfgang Schaeuble initiated exploratory talks with the chairman of UBS about its stake in Commerzbank.
Sectors
Down but not out: Praktiker discloses path to financial recovery
German DIY retail Praktiker may have filed for insolvency this week but plans to rehabilitate the company is brewing.
Fishing industry in deep water - Taiwan analysts
The local fishing industry of Taiwan prepared for the upcoming typhoon season, amidst prior controversies.
Volatile yen, easing appeal hound Japan’s ‘Abenomics’
Months after enjoying record highs, 'Abenomics' produces lackluster figures. By all indications, Japanese Prime Minister Shinzo Abe's economic policy agenda dubbed "Abenomics" seems to be coming back to earth.
German company makes offer for aluminum companies
TRIMET issues a binding offer to purchase two companies owned by Rio Tinto Alcan. German aluminum producer TRIMET is interested to purchase St. Jean-de-Maurienne aluminum smelter and Castelsarrasin casting facility in France, which are both owned by Rio Tinto Alcan.
Latest News
Vivus wanted to reach a settlement with the biggest investors for board control. Today, Vivus Inc. told investors and experts in a conference that it considered discussing a possible settlement with stockholder First Manhattan Co.
Debates once again arise about how to strengthen banks without suppressing lending and estranging investors.
Salesforce.com acquired ExactTarget. Salesforce. com announced Friday its acquisition of ExactTarget. ExactTarget was a cloud marketing platform used by Coca-Cola, Nike, Gap, and more than 6,000 other companies.
Glencore Xstrata tries it hand in cotton exchange shares amounting to US $150 million. Glencore Xstrata Plc, a Switzerland-based multinational commodity trading and mining corporation, would be shelling out US $150 million for its bid to at least half of U.
The power reforms implemented by Prime Minister Mariano Rajoy would cost utilities approximately Eur2.7 billion.
Jason Konior pleaded guilty of stealing US$2.9 million from investors as part of the 2011-2012 Ponzi scheme.
Plus500 planned to go public via an IPO to enhance its market presence. Plus500 decided to go public to enhance its market presence. The retail Forex broker planned to do so through offering an initial public offering.
INTL FCStone abandoned its plan to buy Cleartrade Exchange due to the newly-issued financial guidelines.
ClubCorp Holdings Inc. filed for a US$100-million IPO. ClubCorp Holdings Inc. filed for an initial public offering. According to a Securities and Exchange Commission filing dated July 12, ClubCorp Holdings aimed to raise up to US$100 million.
