IMF approves US$1.75 billion loan package to Tunisia. According to reports, the International Monetary Fund confirmed that it had agreed to a $1. 75 billion standby loan agreement with Tunisia.
Sectors
EADS Indicates Increase Dividends in the Future According to CFO
EADS shareholders to expect higher dividends because of new policies according to corporate CFO. In a report from Reuters, the European Aeronautic Defence and Space Company N.
Japan Joins TPP Pact
The Trans Pacific Partnership Pact has invited Japan to join in the negotiations. Japan has been granted approval from participating countries to form part of the talks on the US initiated Asia Pacific Free Trade Agreement.
Aston Martin Grows in China
The iconic British car Aston Martin is growing in the car markets of China. The CEO of the iconic British sports car Aston Martin has announced a ten percent increase in global sales for 2012.
Nestle - L'Oreal in Excellent Relationship
Nestle, L'Oreal and the Bettencourts chequered history in business. The present situation of L'Oreal and Nestle relationship "isn't on the agenda for the time being," commented Jean-Paul Agon, CEO of L'Oreal in an interview with Investir, a French weekly magazine, which was published today.
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Schauble gives his candid thoughts on investor participation, the Cyprus bailout and the European economy as a whole.
GM and its partners would be building new plants and increase production to five million cars a year.
Fitch lowers UK rating to AA+ from AAA, following the S&P ratings change. In an expected announcement, Fitch Ratings has cut Britain's top credit grade ratings.
Aamal and Vivantes agree to form healthcare joint venture. Aamal Company, the Qatari conglomerate has entered into a joint venture agreement with Vivantes International Medicine, the largest hospital consortium from Germany.
AMD has reported a higher revenue compared to the previous year, flush with cash and a top notch development team.
SABIC makes job cuts and closes plants in Europe. Saudi Basic Industries Corp, currently the world's largest petrochemicals group is now reviewing its global expansion outlook.
BP is now undertaking a specific review of Mad Dog 2 as to the economies of scale and profits. British Petroleum is currently taking a new look at its oil project in the Gulf of Mexico.
On paper, the loss of US$1.168 billion resulted from the share price decline of the blue chip stock IBM.
Charter Communications had offered bonds to pay for buyback and redemption activities of the firm. In an announcement last Friday, Charter Communications Inc had priced its shares for a planned initial public offering of notes that fall due on 2024.
