Fed meeting rattles markets across the world
Stocks in Europe have fallen to a two week low in light of the upcoming Federal Reserve meeting. Asian shares have declined too.
The Fed...
Orange Jazztel acquisition offer worth 3.4 billion euros
An Orange Jazztel takeover offer worth €3.4 billion ($4.4 billion) has been announced by the French mobile network operator. The all-cash bid for the...
Chinese FDI hits four year low
Chinese FDI (foreign direct investment) hit a four year low, probably reflecting international investor caution following the series of alleged unfair targeting of foreign...
Calpers decided to stop investing in hedge funds
The largest pension fund in the US, Calper (the California Public Employees’ Retirement System), has decided to put an end to its hedge fund...
Alibaba increases its IPO share price range
The Chinese e-commerce company Alibaba Group is about to go public and there is a lot demand, which has prompted the company to increase...
ZF Friedrichshafen will acquire TRW Automotive for $13.5 billion
TRW Automotive has agreed to an acquisition offer by ZF Friedrichshafen (in a deal worth $13.5 billion).
TRW Automotive is the world’s leading manufacturer of...
Nasdaq plummets to two month low
Nasdaq has experienced its worst opening since July, declining by 1.07 percent (48.70 points) to 4,518.90. The drop is a consequence of lackluster performance...
Global economic recovery uneven, Eurozone a worry, says OECD
The global economic recovery is lopsided, says the OECD, with the US, UK and Canada pushing ahead, China slowing down to a more sustainable...
Cognizant TriZetto takeover deal worth $2.7 billion agreed
A Cognizant Trizetto takeover deal for $2.7 billion in cash has been agreed by the two companies. The New Jersey-based multinational information technology, consulting...
Phones 4U closes 550 shops
Phones 4U closes 550 shops out of 720 outlets and goes into administration after EE decided not to renew its contract, which ends on...