The noteholders of GM Nova Scotia used a local law loophole to allow its earnings to double from the bankruptcy proceedings.
Sectors
Despite Obama absence, Trans Pacific Partnership still a go
Identified as an integral part of US interests in Asia, the Trans Pacific Partnership is being outlined between the US and eleven other countries.
Stock markets hunker down for incoming volatility due to impasse
As the budget deadlock continues, the stock market's fear index is rising and many investors are preparing for future stock volatility.
Obama expects Congress to raise debt ceiling
Obama, in an interview with the Associated Press, said he expects Congress to reopen government and increase debt ceiling before the October 17 deadline.
Apple teaches important branding lesson to marketers- report
A Forbes report revealed the branding lesson marketers could learn from Apple. A Forbes report revealed that marketers can learn one very important lesson from Apple: Branding starts with consumers.
Latest News
Chief executives of major banks and President Barack Obama on October 2 had met and discussed financial repercussions of the government shutdown.
Australian Prime Minister Tony Abbott said his country would be more receptive now to foreign investment.
The UK Civil Aviation Authority had recommended a cap on price increases, much to the chagrin of the Heathrow investment group.
Marc Ecko told the Business Insider that the USD 25 million investment received by his company Complex Media would be used to benefit its shareholders.
Japan Prime Minister Shinzo Abe was reportedly able to reduce the country's debt his predecessors were not able to do so in the past 15 years.
Rosneft CEO Igor Sechin said the price offer for minority shareholders of TNK-BP Holding was fair. The share price offered by Rosneft to buy out minority shareholders of TNK-BP Holding was reportedly at a premium and should had no cause for complaint.
A Reuters/Ipsos poll showed Americans were split on the issue of whether Obamacare should be linked to US government funding.
Judge Colleen Kollar-Kotelly had turned down the US Department of Justice's request to delay the hearing of the case against AMR Corp and US Airways Group Inc regarding the airlines' planned merger.
A Reuters report said Dubai made its plans public to become the center for Islamic business and sukuk issuance in the world.
