Toilet makers size up 1 bln euro Sanitec -sources

Makers of toilets and taps are sizing up Finnish rival Sanitec. Makers of toilets and taps are sizing up Finnish rival Sanitec, put on the block by private equity group EQT with a price tag of up to 1 billion euros ($1.


A price-to-earnings ratio 100: why we should stay away from Facebook IPO

The price-to-earnings ratio is around 100 but Facebook even doesn’t have a clear long-term prospects.

NY state pension fund assets reached $150 bln, close to 2007 peak

New York state's pension fund assets rose 5.96 percent to $150.3 billion in the 2012 fiscal year.

Goldman Sachs plans to invest $40 billion in clean energy

Goldman Sachs Group Inc plans to channel investments totaling $40 billion over the next decade into renewable energy projects.


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European scientists are testing robot “fish” which can detect pollutant at the Northern Spanish port of Gijon on Tuesday, according to Reuters.
Galaxy S3 is set to first release in Germany on May 29, and then in UK on May 30, followed by U.S. June 1.
Google Chrome has become the world’s top browser, surpassing Internet Explorer in recent weeks. Google Chrome has become the world’s top browser, surpassing Internet Explorer in recent weeks, according to a report of statcounter.
Yara has agreed with Orica and Apache to form joint ventures to build a 330,000 metric tons ammonium nitrate (TAN) plant on the Burrup peninsula.
DIFC Investments has not sold software company SmartStream Technologies but the process is under way.
The historic initial public offering of Facebook Inc did not go as planned on Friday. The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.
Italian insurer Fondiaria-SAI has proposed share swap ratios for the planned merger with Unipol that would give its peer 61 percent of the new merged entity.
Private equity firm Carlyle Group is in talks to sell its stake in Taiwan's Ta Chong Bank to Yuanta Financial in a deal worth up to T$37 billion ($1.
As Facebook raised the expected range of the stock to $34-$38 per share, up from previous range $28-$35, those early investors are looking to cash out more shares.
HSBC is considering selling parts of its U.S. real estate portfolio to accelerate the run-down of the business.