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Market

Modi seeks to revive India’s ‘zombie factories’, not abandon them

13/10/2014(0)
The strange tale of British India Corporation is an example of how political patronage and India’s strict labor laws keep publicly owned companies going long after they are insolvent. ... Read More
dbpix-csx-tmagArticle

Canadian Pacific Makes Deal offer to CSX

13/10/2014(0)
The CSX has been cool to the idea of a transaction, which would create a company worth more than $60 billion, people briefed on the matter said. If completed, a ... Read More
European Central Bank

European banks raise more capital before ECB stress test

13/10/2014(0)
Euro zone banks have raised 35 percent more capital ahead of the European Central Bank’s (ECB) latest stress test than they had set aside before the 2011 review, according ... Read More
A general view of Statoil's office is seen in Stavanger

Statoil sells Shah Deniz stake for $2.25 billion to Petronas

13/10/2014(0)
Norway’s Statoil (STL.OL) has sold its remaining 15.5 percent stake in the Azeri gas project Shah Deniz to Malaysia’s Petronas for $2.25 billion, the latest in a string ... Read More
gas spain

Gas Natural of Spain offers to buy Utility in Chile

13/10/2014(0)
The company said in a regulatory filing that it was offering $7.93 a share, or $3.3 billion. As part of the offer, it said that shareholders that control 54.19 ... Read More
IMF-lagarde

I.M.F. warns of Global Financial Risk

13/10/2014(0)
Policy makers at a meeting of the International Monetary Fund said that high debt in China and a lack of spending in Europe, among other factors, could provoke a ... Read More
bitcoin

CFTC organised session on Bitcoin

10/10/2014(0)
The US Commodity Futures Trading Commission (CFTC) held a meeting yesterday in Washington, DC, to discuss bitcoin as it relates to the agency’s role as the country’s chief futures ... Read More
draghi

Mario Draghi urges governments to help fight deflation

10/10/2014(0)
Mario Draghi is determined to tackle low inflation in the Eurozone, and has called upon governments to also play their part in the fight against possible deflation. The president ... Read More
amazoncom

Amazon could be opening physical store

10/10/2014(0)
Amazon is entering a brave new world. In an unusual move for an online company, the retail powerhouse is reportedly setting up a shop. That’s right – a real, ... Read More
dbpix-escudo-blog480

Espírito Santo Financial Files for Bankruptcy

10/10/2014(0)
Espírito Santo Financial, which was a large shareholder of the bailed-out Portuguese lender Banco Espírito Santo, lost a bid last week for creditor protection in Luxembourg. The Espírito Santo ... Read More
Broker Cyprus TopFX