After Buying Spree, China Owns Stakes in Top U.S. Firms The New York Times | SHANGHAI - Flush with cash despite the global economic downturn, China's sovereign wealth fund quietly snapped up more than $9 billion worth of shares last year in some of the biggest American corporations, including Morgan Stanley, Bank of America and Citigroup. | Although most of the stakes were...
Euro hits 9-month US dollar low Business Report | Submit your comment | The euro struck a nine-month low point against the dollar on Friday as concerns mounted about a potential sovereign debt default in Europe and as investors awaited key US jobs data, analysts said. | The European single currency hit $1.3648 (R10.47) , the lowest level s...
China's CIC gives breakdown of U.S. equity stakes The Guardian * China sovereign fund CIC lists U.S. equity investments * Financials, miners, exchange-traded funds dominate * Chairman says CIC will manage more funds by itself BEIJING, Feb 9 (Reuters) - China Investment Corp, the country's $300 billion sovereign ...
America's Cup sinks as sponsors flee billionaire feud Business Report | By Alex Duff and Aaron Kuriloff | Submit your comment | Billionaires Larry Ellison and Ernesto Bertarelli have turned an America's Cup boom into bust. | A 30-month wrangle over rules cancelled a 19-team qualifying event, scared off sponsors ...
Canada: no need for G7 to follow US bank plan -media The Guardian TOKYO, Feb 9 (Reuters) - Group of Seven countries have their own ideas about bank regulation and do not need to follow the U.S. lead, Canadian Finance Minister Jim Flaherty was quoted as saying by Japan's Asahi newspaper. A senior U.S. Treasury offic...
After Buying Spree, China Owns Stakes in Top U.S. Firms The New York Times | SHANGHAI - Flush with cash despite the global economic downturn, China's sovereign wealth fund quietly snapped up more than $9 billion worth of shares last year in some of the biggest American corporations, including Morgan Stanley, Bank of America...
WN / Geeta
Metals rise as dollar drops, manufacturing grows The Examiner Comments NEW YORK (Map, News) - Metals prices rose sharply Monday following fresh signs of strength in the manufacturing sector. | Gold and other commodities also got a lift from t...
Davos Summit 2010: Banks must get real on profits, says WEF report The Independent | Gathering in a more sober mood than was often the case during the boom years, organisers of the World Economic Forum in the Swiss town of Davos will attempt to focus the attentio...
Bankers return to Davos but with a bit less swagger The Hindu | Jack Ewing | Expectations are high among participants that Davos could contribute to the debate on financial regulation. | File photo of a demonstration outside the World Economi...
Shareholders approve Sajan buyout Business Journal Send this story to a friend | Email address of friend (insert comma between multiple addresses): Your email address: Add a brief note: | Enter words from the security image above: | Get new image | Audio verification | reCAPTCHA™ New book featu...
Parkway Properties reports loss, cuts dividend Business Journal Send this story to a friend | Email address of friend (insert comma between multiple addresses): Your email address: Add a brief note: | Enter words from the security image above: | Get new image | Audio verification | reCAPTCHA™ Mississippi fi...
On verge of IPO, Anthera reaches FDA deal Business Journal Send this story to a friend | Email address of friend (insert comma between multiple addresses): Your email address: Add a brief note: | Enter words from the security image above: | Get new image | Audio verification | reCAPTCHA™ GlaxoSmithKlin...
Stocks fall on mixed jobs report, debt worries The Examiner Comments NEW YORK (Map, News) - Stock indexes fell Friday following mixed news from the Labor Department's monthly employment report. | The Dow Jones industrial average dipped below the 10,000 line. | Concerns about mounting debt problems for European governments weighed on the market again. Stocks had tumbled around the world Thursday as worries a...
