Sectors
Warburg Pincus exits from its waste management investments in Australia
Warburg Pincus sells off its shares in Transapacific Industries Group. Warburg Pincus, the private equity firm, is selling off its shareholdings in the Australian waste management company Transpacific Industries Group.
Embraer under investigation by US and Brazilian authorities
Embraer under fire for corruption charges in the Dominican Republic. American and Brazilian authorities are determining whether Embraer SA had bribed Dominican Republic officials for the grant of a USD90 million contract for attack planes for the country's armed forces.
Benign inflation and weak labor market dictates Fed course on bond purchases
The US Federal Reserve would be making changes in its asset-buying program should a significant shift in the labor market and inflation would be seen.
US Fed Reserve require stress tests on banks
Several banks required to undergo Fed Reserve stress tests to determine capacity of capital cushions on hypothetical adverse conditions.