Banks warn Obama of impending state debt defaults if government shutdown persists

Chief executives of major banks and President Barack Obama on October 2 had met and discussed financial repercussions of the government shutdown.


Australian PM Abbott backs Indonesia's investment in local cattle firms

Australian Prime Minister Tony Abbott said his country would be more receptive now to foreign investment.

Heathrow management criticizes plan to cap tariffs for users of facilities

The UK Civil Aviation Authority had recommended a cap on price increases, much to the chagrin of the Heathrow investment group.

Marc Ecko says USD 25 million investment for Complex Media will be spent wisely

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.


Latest News

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.
In a rare interview with a head of a Saudi bank, SBB MD David Dew said the current high loan rate can be sustained in the Gulf kingdom.
Saudi Arabia Central Bank Governor Fahad al-Mubarak remained confident that Washington would be able to resolve its political deadlock.
US Energy Information Administration Analyst Mike Conner said the agency still had funds to operate until October 11.
Activist billionaire investor Carl Icahn said on CNBC his company had placed a USD2 billion investment on shares of Apple Inc.
SEC Lawyer Jan Folena said Mark Cuban cheated when he sold his shares in an Internet firm nine years ago.
Dubai is being eyed for a USD150 billion investment push from Asian institutional investors. Institutional investors from all over Asia had placed the Dubai market in its crosshairs as a place to invest nearly USD150 billion.
A suit had been filed in the Delaware Chancery Court to compel Apollo to complete its acquisition of Cooper Tire.