China started its investigation on the "dumping" of EU wine in the country. (Photo : Reuters)Chinese authorities started probe on EU wine imports today.
Sectors
Steinway Musical Instruments Sells for $438 Million
Steinway Musical Instruments is sold for $438 million to an affiliate of Kohlberg & Company. (Photo : Reuters)Steinway Musical Instruments is sold to Kohlberg & Company for $438 million.
Rosneft Head Squashes Acquisition Rumors
Rosneft head Igor Sechin denies any takeover plans for PKN Orlen of Poland and Bashneft of Russia. (Photo : Reuters)The image is the Russian signage for Rosneft.
Conergy Finalizes Agreement with Asian Investor
Conergy, in order to keep afloat, forges agreement with Asian investor on loan assumption as well as equity investment.
Reduced Credit Risk Leads Alstom to Issue Bonds
Alstom issued bonds while credit risk was at a reduced level. (Photo : Reuters)This is the logo of Alstom. Alstom SA sold bonds for the first time since October last year, with the cost of insuring debt against losses at the lowest level in two weeks.
Latest News
United States' manufacturing activity improved while construction costs hit a four-year high on third quarter's kick off.
Peugeot Citroen's founding family admitted they did not consider arranging talks with Fiat and just resorted with GM.
PGGM would be selling its Wal-Mart stocks due to unresolved labor issues of the company. (Photo : Reuters)PGGM is a Dutch asset manager. Wal-Mart's silence regarding its labor relations in the US has prompted PGGM NV to stop investing in the company.
Lufthansa launched its revamped budget airline called Germanwings to take on the competition. (Photo : Reuters)The photo displays airplanes of Europe’s biggest carrier, Lufthansa.
McKesson Corp and Cardinal Health Inc are in talks with Celesio for its stakes, two sources said. (Photo : )The photo shows Celesio's, a German drugs company, official logo.
Sainsbury would be launching its own mobile phone service called "Mobile by Sainsbury's".
Intuit Co. wanted to focus on its core businesses which led to a deal worth US$1 billion with Thoma Bravo.
Confie Seguros bought two insurance firms located in New York. (Photo : Reuters)This image shows a view of New York City ABRY Partners' portfolio company Confie Seguros announced on Monday that it purchased two insurance companies.
Lockheed Martin launched an international arm that will be led by Patrick Dewar, corporate strategy and firm development executive.
