Increasing threat of global warming and incessantly rising oil prices has forced America to think beyond oil and ponder over other energy sources. Escalating consumption of oil and combustion of coal for the energy has left the earth on the burning...
Towergate, Britain's largest private insurance company, is mulling a sale, which could lead to a huge windfall for its founder and chairman Peter Cullum. If a sale does happen, Peter will be on course for an overwhelming £2 billion profit over h
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The biggest takeover battle in the banking history, expected to take interesting turn, as a consortium of banks led by Royal Bank of Scotland PLC have to revive its bid for the Dutch bank ABN AMRO as they previously asserted that they would...
Nasdaq Stock Market Inc. agreed to buy Nordic stock exchange operator OMX AB for $3.67 billion (£1.87bn) on Friday. This deal signifies first major acquisition by Nasdaq in the European markets. Its earlier bid to cross the Atlantic had failed w
In the past European companies were ruling the corporate world, but now it is losing their shin to America.
All big market leaders from Europe are facing stiff business from US rival, many of them has lost into the mist of American's...
The struggling housing industry shows a sign of improvement as sales for new home surged astonishing 16 percent, highest in 14 years.
In the season, new home sales reported to adjusted annual rate of 981,000 units, but median prices plunged to...
Bank of New Zealand (BNZ) is planning to offer subordinated bonds worth up to NZ$300 million to the public. It designs to sell these bonds in June. It is proposed that the issue will open, close and price by mid-June. BNZ wants to retain the right to.
The US stock market rebounded as another series of corporate acquisitions stimulated investors to continue a largely uninterrupted months-long buying streak. The Dow Jones industrial average registered its 24th record close this year and the...
Shares in China's Bank of Communications highlighted the current Chinese penchant for new listings on Tuesday. Having an initial offer price of 7.9 Yuan, the shares shot up by nearly 71 per cent to close at 13.54 Yuan, at the end of days trading....
China's money supply growth exceeded the government target for a third month and lending accelerated along with a drop in household deposits has consequently mounting pressure on the central bank to raise interest rates. Annual growth in China's...
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