A Chinese businessman, along with his wife, has agreed to settle charges of insider trading into the Cnooc's buyout of Nexen of Canada.
Sectors
Small Change in European Stocks Amid Cypriot Uncertainty
European stocks changed a little as Italy faces political deadlock while Cyrus struggles from uncertainty.
Higher Stocks Markets in Asia for Good Friday
Asian stock markets were seen higher as the U.S. continues to report boost in economy. Stock markets in Asia were mostly higher as yet another record high on Wall Street brought momentum in the region.
Eaton Vance Files with SEC to Offer ETMF
Eaton Vance Management has filed with the U.S. Securities and Exchange Commission to offer exchange traded managed futures (ETMF) in a bid to prevent front-running from making exploitation of the strategies.
Redknee Completes Buyout of Nokia Siemens Networks' BSS Unit
Redknee has closed its deal to purchase the Business Support Systems business unit of Nokia Siemens Network.
Latest News
Names such as the Carlyle Group, KKR and the Moulin family are bidding for the controlling stake in Maje, Sancro and Claudi Pierlot.
The Appellate Court of New York heard the arguments on the proposal of Argentina to provide a mixture of cash and bonds to pay off bondholders.
In a harsh condition, nearly 60% of the value of deposits above Eur100,000 would be lost in the bailout package.
Michael Steinberg is the highest ranking SAC executive to be arrested for insider trading. Michael Steinberg, portfolio manager at SAC was charged with insider trading by US prosecutors.
Private equity firm KKR has entered into exclusive talks to buy a majority of French fashion brands Maje, Sandro and Claudie Pierlot, according to a source familiar with the transaction.
In line with its acquisition spree, Qatar National Bank purchases stake in Egypt's National Societe Generale Bank.
Qatari investors set to purchase Printemps in full. Official documents seen by Reuters indicate that a Qatari consortium is set to do a full purchase of the French retailer Printemps.
Fund manager of BlackRock China forecasts futures for investors. According to a fund manager at BlackRock, China's industrial stocks provide good investment opportunities on select markets, such as steel mills to cement producers.
Pension funds, seeking returns for their holders, enter into riskier ventures that can make or break them.
