Luxoft, the software development firm of the IBS Group, is preparing for an IPO in the New York Stock Exchange.
Sectors
Echo Unveils US$1 Billion Sydney Casino Plan, Including Crown Option
Echo Entertainment submitted plans valued at US$1 billion for expansion. (Photo : Reuters)The image shows people playing in a casino. Echo Entertainment, an Australian gaming firm has submitted plans for a US$1 billion expansion.
Rio Tinto to hang on to its Diamond Business
Rio Tinto decided not to sell its diamonds arm with the company's CEO stating that the firm is well positioned to capitalize its unit on the positive market outlook.
Sinopec Acquires Marathon’s Angola Oil Fields
Sinopec Group of China agreed to buy Marathon Oil Corp's Angola offshore oil and gas field called Block 31 in a US$1.52 billion deal.
Sources: Vodafone to Propose a New Bid for Kabel on Monday
Two sources told Reuters on Sunday that Vodafone proposed a new bid for Kabel Deutschland early on Monday.
Latest News
Barclays is under investigation by German tax authorities for possible tax evasion according to German newspaper.
CVC Capital Partners and Apax Partners LLP show promising results as one of the top buyout firms in Europe.
AIG's International Lease Finance Corp would do an IPO or sell of its assets to a Chinese group.
Rampant speculation on Fed Reserve actions have caused German, Italian and Spanish bonds to decline.
Bank regulators are now considering increasing the simple leverage ratio to 6%. (Photo : REUTERS)The JP Morgan Chase & Co. headquarters is pictured in New York In a surprising move, US regulators are now studying a proposal to double the minimum capital requirements for its largest banks.
The contraction of the economy and cash shortages have been stretching the management abilities of the newly installed leadership of the Chinese Communist Party.
Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.
Taiwan approves several foreign investments and local investors' attempt at China. (Photo : Reuters)The image is the Taiwanese flag unfurled over the business district.
Arsenal Capital Partners bought ADCO Global, a portfolio company of Aurora Capital Group. (Photo : Reuters)This is an image of a man working with adhesive tools.
