Tag - Business
Although, Nasdaq has extended deadline for its 31% stake sale in the London Stock Exchange, market rumors are asserting that LSE is supporting the Qatari Investment Authority's bid to end the unwanted ruckus, likely in the coming time.
Earlier.
The purpose of high leveraged buyouts is to allow companies to make large buyouts without having to invest a large amount of capital. However, the recent credit crunch has created an unusual problem for the companies in UK that had resorted to...
Yesterday was a 'Black Monday' for investors throughout the globe, with stocks in American, European and the Asian markets witnessing unprecedented downslide amidst fears of the US economy moving towards recession. In London, FTSE crashed by 217.3...
With recession hitting nearly every country in the West, the small businesses are likely to bear the worst brunt of the credit crunch. Small businesses unlike their big brothers often risk everything on one endeavor and without any escape route suffer..
Ben Bernanke the Federal Reserve Chairman said that most of economic problems in the U.S., including the severe housing slump, will cause business growth to slow noticeably in coming months.
Fed policymakers last week cut a key interest rate for the...
Price of gas in Europe is expected to rise by up to 17 percent, reaching new heights in next year because of rise in oil prices, according to a warning issued by Gazprom. The state-owned Russian company said on Tuesday that gas prices in Western...
Australian hedge-fund manager Basis Capital Funds Management Ltd. sought bankruptcy protection for its Yield Alpha Fund after it suffered big losses due to the U.S. subprime-mortgage crisis.
The fund sought Chapter 15 bankruptcy protection in U.S..
The growth rate of in-theater advertising is outpacing box office growth of Hollywood. Compared to $395 million 2005, in-cinema advertising grew by 15 percent and done $455.7 million business in 2006, a Cinema Advertising Council report says. A...
The state-owned oil and natural gas behemoth PetroChina is expected to surpass US energy giant Exxon Mobil as the world's most valued company. This comes at a time as PetroChina is making its debut on the Shanghai Stock Exchange. The Chinese company's...
It is the dream of every Indian family to buy gold jewellery and lots of it. This purchase of the precious metal gets into an overdrive during festivals, marriages and other family occasions. On the Akshaya Trithiya, a function in India, it is almost...
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