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Standard Oil heirs join movement to divest In Fossil Fuels

23/09/2014(0)
The movement against investing in fossil fuels has reached a critical mass, with more than 800 individuals and institutions promising to rid their portfolios of $50 billion worth of ... Read More
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Spain: a new destination for Chinese Investors

23/09/2014(0)
Strengthening commercial ties will be on the agenda when Spain’s prime minister, Mariano Rajoy, makes his first state visit to China. The purchase of the 25-story Edificio España by ... Read More
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German Companies continue their business activity

23/09/2014(0)
A rare bright spot in the European economy in recent years, many of the biggest German companies have begun capitalizing on their strength, striking big deals for overseas competitors. ... Read More
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G-20 Warns of Potential Market Risks

22/09/2014(0)
Group of 20 finance chiefs and central bankers said low interest rates could lead to a potential increase in financial-market risk, as major economies rely on monetary stimulus to ... Read More
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Blackstone to pull out of Russia

22/09/2014(0)
US private equity group Blackstone is “giving up on Russia”, highlighting how even well-connected western investors are shying away from doing business in the country. The New York-based buyout ... Read More
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ECB May Not Need to Add Stimulus

22/09/2014(0)
The European Central Bank may not need to add stimulus measures after steps in the past three months pushed down the euro, said Governing Council member Ignazio Visco. “Inflation ... Read More
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Bank of America shares to increase 50 percent in three years

22/09/2014(0)
Bank of America Corp (BAC.N), the second-largest U.S. bank by total assets, could see its shares climb 50 percent over the next three years, Barron’s financial newspaper said on ... Read More
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Top Chinese law firm Commerce &Finance “open” to global alliance

22/09/2014(0)
Commerce & Finance (C&F), one of the leading ‘red circle’ firms in China, has signalled that it would consider the idea of a global alliance seriously. C&F managing partner ... Read More
Ma, the founder and executive chairman of Alibaba Group Holding, leaves following the company's roadshow meeting in New York

Alibaba’s IPO biggest ever globally and issues more shares

22/09/2014(0)
Alibaba Group Holding Ltd’s (BABA.N) initial public offering now ranks as the world’s biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold ... Read More
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Siemens Buys Dresser-Rand, an Oil Services Company, for $7.6 Billion

22/09/2014(0)
Siemens, the German engineering conglomerate, announced late Sunday a deal for the Dresser-Rand Group, an oil products and services company. The deal, worth about $7.6 billion, including the assumption ... Read More
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