Freddie Mac announced a higher than market average value for its three month and six month bonds totalling US$3 billion.
Sectors
ONGC Declares Mozambique Gas Deal Then Withdraws Statement
Oil and Natural Gas Company (ONGC) India withdrew its statement last Monday after announcing a deal with Rovuma Area 1 in Mozambique.
US Gets Stable Credit View, Wall Street Ends Flat
The US Stocks were able to end up with little changes on Monday after the country's credit outlook was revised from negative to stable.
Deals of The Day
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
Reserve Bank of India cracks down on bank regulation violators
The Reserve Bank of India enforces penalties against three banks for money laundering and fraud violations.
Latest News
Greece is required to sell off its energy company shareholdings as part of their bailout deal. (Photo : REUTERS)A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels The largest refinery in Greece, Hellenic Petroleum was one of the assets identified in the privatization plan of the country.
Financial services agency Standard & Poor's revised its credit outlook rating on the United States to 'stable' from a previous rating of negative, citing instances of increased tax receipts.
Britain's second largest pharmaceutical company, AstraZeneca, plans on buying U.S. based Pearl Therapeutics.
European regulators see no issue with the purchase by Delta Airlines of 49% of Virgin Atlantic. (Photo : REUTERS)The Delta airline logo is seen on a strap at JFK Airport in New York According to Delta Airlines, it is expecting the unconditional approval from the European regulatory authorities for its purchase of 49% of Virgin Atlantic.
Dangote Cement sells off 1.5% to an unidentified sovereign wealth fund for 45.8 billion naira. (Photo : Reuters)The image is of Africa's richest man, Aliko Dangote.
Wal-Mart CEO Michael Duke is under fire after allegations of bribery of the Mexican government. (Photo : Reuters)Wal-Mart Stores Inc, which is facing bribery investigations by the U.
Facebook reported a 5.2% gain despite a continuous drop since May 2012. (Photo : Reuters)The image is the company confirmation of its listing in the NASDAQ.
Sprint Nextel is convincing its shareholders to agree to one deal for itself while it participates in the acquisition of Clearwire against the same bedfellow.
Google's US$1.3 billion purchase of Waze would create a ripple effect deep into the Israeli economy.
