Search Results for: Gold
Energy Future Files for Bankruptcy Protection in Delaware
April 29th, 2014
Energy Future Holdings Corp., the Texas power company Henry Kravis and David Bonderman took private in 2007 with Goldman Sachs Group Inc. in the biggest-ever leveraged buyout, filed for bankruptcy after reaching a deal with stakeholders to cut billions ...
Asian Stocks Swing From Gain to Loss on Earnings Outlook
April 29th, 2014
Asian stocks swung between gains and losses as investors weighed corporate earnings and after U.S. equities advanced. China Petroleum & Chemical Corp. slid 1.3 percent in Hong Kong after Asia’s biggest refiner posted first-quarter profit that missed analyst estimates. ...
Military pact between U.S and Philippines
April 28th, 2014
US President Barack Obama says that a new US-Philippine military pact will promote stability in the region. The deal, signed in Manila hours before Mr Obama touched down, allows a bigger US military presence in the country. Mr Obama ...
European Index Futures Gain as Asia Falls; Nickel Rallies
April 28th, 2014
European equity futures rose while Asian stocks fell, pushing the regional index to an almost two-week low, as investors weighed company earnings, while the Korean won gained. Wheat climbed with nickel amid prospects for additional sanctions against Russia over ...
Tokyo Inflation Quickens to Fastest Since 1992
April 25th, 2014
Tokyo’s consumer prices rose 2.7 percent in April from a year earlier, the biggest jump since 1992, pumped up by a sales-tax increase and a year of unprecedented stimulus from the Bank of Japan. Inflation excluding fresh food accelerated ...
Anglo Irish Liquidator Seeks to Sell $19 Billion in Loans
April 24th, 2014
Irish Bank Resolution Corp., formed to complete the liquidation of Anglo Irish Bank Corp., asked a U.S. bankruptcy judge to approve the sale of loans with nominal balances totaling more than $19 billion. The proposed purchasers of the U.S. ...
FCA appoints two new senior advisers focused on competition and investment banking
April 23rd, 2014
The British Financial Conduct Authority (FCA), has issued a press release announcing the appointment of two senior advisers as follows: Martin Wheatley, chief executive of the FCA, said of the appointments: “Both David and Gunner come with impressive experience ...
Puerto Rico woos rich with hefty tax breaks
April 23rd, 2014
John Paulson is expected to expand his investment in Puerto Rico to $1 billion by the end of next year, as the hedge fund titan leads a growing brigade of wealthy U.S. business owners who are taking advantage of ...
Foreign investors’ figures favourable for Cyprus
April 15th, 2014
Foreign investors showed great interest in Cyprus in 2013 due to the Government’s scheme offering citizenship and permanent residence on the island, Minister of Interior, Socrates Hasikos has revealed. According to the Cyprus News Agency, Hasikos said that the ...
JPMorgan Chase Earns 19 Percent Less to Start the Year
April 14th, 2014
JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7 percent ...
