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Archive - April 2007

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Gagandeep | Apr 28 2007
Foreign Investment Promotion Board (FIPB) has finally cleared Vodafone's buyout of a majority stake in Hutchison Essar. Friday saw the culmination of three months of corporate drama as Vodafone's 11.1 billion-deal was finally approved. With this,...
Gautam | Apr 23 2007
With the demand for UK financial products increasing within and outside the country the UK government will be issuing Islamic bonds which will make it the first western state to do so. By 2008 we will see the face of first Sharia compliant UK...
Balendu | Apr 17 2007
times inflation
The UK inflation rate surged unexpectedly to 3.1 percent in March, according to official figures. The unexpected acceleration of inflation has pushed the pound to $2 for the first time since September 1992 on increasing speculation interest rates...
Gagandeep | Apr 17 2007
Maan Abdul Wahed al-Sanea, Saudi Arabian billionaire, has become the second biggest stakeholder in Europe's biggest bank, HSBC. He has acquired a £3.3 billion stake in the bank over a period of last two months. Yesterday, HSBC's shares rose 1.3% to...
Gagandeep | Apr 14 2007
hutch vodafone
The Foreign Investment Promotion Board (FIPB) is yet to be convinced that Vodafone's deal with Hutchison Telecom International Ltd. (HTIL) does not violate the complex Indian laws governing foreign direct investment. The deal, which was made earlier...
Balendu | Apr 11 2007
Astronomical leveraged buyout activity fuelled by private equity is creating growing financial dangers to dealmakers, their backers and targeted companies that risk a return to the most terrible excesses of past merger booms, the International...
Balendu | Apr 11 2007
nasdaq stock
Nasdaq is at present involved in talks to acquire the Philadelphia Stock Exchange, the third-largest options exchange in the US by contracts traded, reported the Wall Street Journal recently. Though the two exchanges have been locked in...
Gautam | Apr 10 2007
Condo owners are feeling the heat due to mortgage crunch. A number of them are finding it difficult to pay off their condo fees. The subprime mortgage debacle is casting a bad effect on not just the condo owners but also the real estate as a whole....
Gautam | Apr 9 2007
Residential sector in the real estate market has started recovering slowly and the number of unsold houses has stopped shooting up. Houses which command rates of more than a million dollar are still suffering but this can be a good bargain for some....
Gautam | Apr 5 2007
Nasdaq will be revealing an index aimed at keeping a tab on the performance of Chinese companies whose securities are actively traded in U.S. The index will be unveiled in the second quarter of 2007 and around thirty companies with a combined...

Fresh Comments

Andrea P
on Credit crunch makes... The recession that America is currently undergoing which started in December of 2007 has...
on Bank of America pays $26... Recently, one of the many company failures that was looming was that of the investment...
on Rise in Reuters share after... European financial systems have taken a plunge into misfortune, but we often forget about...
on How to save small businesses... We all know that our American countries go through the crisis in finance. Those tips that...
on Pound touches all time high... As the economy gets worsen and worsen people were facing unexpected problems such as food...

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