The ten year gilts at record low rates will be offered by the UK Debt Management Office in the next few days.
Sectors
Chernin Bids for Hulu
Former Hulu board member Peter Chermin offers US$500 million for Hulu. Hulu, the online video streamiong service established in 2007, has received an offer from former News Corp President Peter Chernin.
Senate Bill Requires Higher Capital Ratio
There is a new bill for consideration on the US Senate floor as to the required capital ratio of the banks, to avoid the 'too-big-to-fail' argument.
Cole Credit Property Trust Rejects New American Realty Bid
The third bid by American Realty for Cole Credit Property Trust was rejected because of its high debt absorption requirement for the higher purchase per share values.
Hojiblanca Planning to Purchase Hojiblanca Shares
Amongst the plans of Hojiblanca Director General Antonio Luque is to purchase shares of Deoleo, primarily the Bankia stake in the olive oil maker.
Latest News
China's big banks are not providing more credit to small and microsized firms. According to a researcher, the big banks of China are not lending more to the smallest firms.
Sovcomflot's IPO has been shelved by the Russian Government due to unfavorable market conditions.
Different bonds from Euro countries registered different results, but overall ECB stands to help region recover.
Italian PM Mario Monti finally signs decree approving payments of state debts to private firms. The Italian caretaker government has approved a decree to pay off nearly Eur40 billion state funds to pay off debts it has incurred with private companies.
The former head of Credit Suisse's head of structured credit pleads not guilty to charges of overinflating prices in the subprime mortgage backed bonds market.
Doha Global Investment Co is backed by Qatar Holding for Eur2.3 billion and the IPO is expected to raise the same amount.
Transdev would be selling off assets to pay off debts. Veolia Transdev, the French transport group is forecasting 'enormous' demand for its assets.
Pavilion Energy Pte would be investing in LNG related industries. The sovereign wealth fund of Singapore, Temasek Holdings Pte Ltd has established a new investment fund focused on liquefied natural gas.
MF Global has obtained approval of its liquidation plan under the leadership of former FBI Director Louis Freeh.
