investment bank

Australian capital expenditure goes up


August 30th, 2012 - 1:32 pm ICT by IANS
Sydney, Aug 30 (IANS) The rise in capital expenditure (capex) in the June quarter suggests that the mining boom in Australia will continue for the next few years, economists said ... Read more...

Posted in Business |

Recession pushed Parineeti into acting


May 7th, 2012 - 3:02 pm ICT by IANS
Mumbai, May 7 (IANS) Actress Parineeti Chopra, whose first solo film "Ishaqzaade" hits theatres Friday, holds three degrees in finance and always dreamt of becoming an investment banker. But ... Read more...

Posted in Entertainment |

RBS to cut 3,500 jobs worldwide


January 12th, 2012 - 7:37 pm ICT by IANS
London, Jan 12 (IANS) The Royal Bank of Scotland (RBS) has said it is planning to cut 3,500 jobs across the globe, with most of them to happen this year, ... Read more...

Posted in World |

S&P; downgrades ratings on Australia’s big four banks


December 2nd, 2011 - 1:37 pm ICT by IANS
Sydney, Dec 2 (IANS) Global rating agency Standard & Poor's (S&P;) said Friday it had downgraded Australia's big four banks' credit ratings as a result of changes to its criteria ... Read more...

Posted in Business |

London police arrest man in connection with UBS trading loss


September 15th, 2011 - 5:35 pm ICT by BNO News
LONDON (BNO NEWS) -- A man was arrested in central London on early Thursday morning on suspicion of fraud in connection with the loss of more than $2 billion due to unauthorized ... Read more...

Posted in Business |

Swiss bank UBS to cut 3,500 jobs


August 24th, 2011 - 6:21 pm ICT by IANS
London, Aug 24 (IANS) Swiss banking giant UBS, which employs 6,000 staff in Britain and 65,000 across the world, will chop 3,500 jobs, a media report said.The job cuts were ... Read more...

Posted in World |

BlackBerry sells 250,000 PlayBook tablets


May 20th, 2011 - 12:43 pm ICT by IANS
Toronto, May 20 (IANS) BlackBerry maker Research In Motion (RIM) has sold about 250,000 Playbook tablets in the first month after its launch, says a report here.Launched April 19, the ... Read more...

Posted in Business |

New Zealand to chnage business migration policies


May 9th, 2011 - 12:38 pm ICT by IANS
Hamilton (New Zealand), May 9 (IANS) New changes to business investment migration policies will come into effect from mid-2011 and it will promote the business investor immigration option to migrants ... Read more...

Posted in Uncategorized |

BlackBerry sells about 50,000 tablets on launch day


April 21st, 2011 - 11:48 am ICT by IANS
Toronto, April 21 (IANS) Considering all the negative reviews its received before its launch, the BlackBerry tablet PlayBook sold more than expected Tuesday, according to figures.Accroding to an analysis of ... Read more...

Posted in Sci-Tech |

Arcelor-Mittal signs $6 bn credit facility agreement


March 22nd, 2011 - 6:43 pm ICT by IANS
New Delhi, March 22 (IANS) World's leading steel producer Arcelor-Mittal Tuesday said it has signed a new five-year credit agreement with leading international banks worth $6 billion, which would replace ... Read more...

Posted in Uncategorized |

Taped call suggests Rajat Gupta told Rajaratnam about Goldman plans


March 16th, 2011 - 12:29 pm ICT by IANS
New York, March 16 (IANS) Rajat Gupta, a former Indian American Goldman Sachs director, told hedge fund tycoon Raj Rajaratnam the investment bank was considering buying a commercial bank, according ... Read more...

Posted in World |

Libya ranks among world’s largest sovereign wealth funds


March 3rd, 2011 - 1:32 pm ICT by IANS
New York, March 3 (IANS) Libya ranks among the world's largest sovereign wealth funds as it always had large amounts of cash to throw around because of its huge ... Read more...

Posted in Business |

Arcelor, partner in virtual takeover of iron-ore giant


February 19th, 2011 - 2:34 pm ICT by IANS
By Gurmukh Singh Toronto, Feb 19 (IANS) With their final offer of buying the remaining common shares expiring Thursday, ArcelorMittal and Nunavut Iron Ore Acquisition have almost acquired total control of Toronto-based ... Read more...

Posted in Business |

ArcelorMittal, partner nearing absolute control of Baffinland


February 8th, 2011 - 1:01 pm ICT by IANS
By Gurmukh Singh Toronto, Feb 8 (IANS) ArcelorMittal and Nunavut Iron Ore Acquisition Inc., which jointly acquired Canada's iron ore-rich Baffinland Iron Mines Corporation last month, Monday announced further consolidation of their ... Read more...

Posted in Business |

ArcelorMittal, partner buy more Baffinland stock


February 2nd, 2011 - 3:02 pm ICT by IANS
By Gurmukh Singh Toronto, Feb 2 (IANS) ArcelorMittal and Nunavut Iron Ore Acquisition Inc., which are now the joint owners of Canada's iron ore-rich Baffinland Iron Mines Corporation, Tuesday announced taking up ... Read more...

Posted in Business |

Demi Moore: Intimacy On Sets Of ‘Margin Call’ Was Quite An Experience


January 29th, 2011 - 7:06 pm ICT by Sampurn Wire
The star cast of the film comprises of some great names like Zachary Quinto, Penn Badgley, Paul Bettany and Simon Baker. All her co actors were extremely friendly and the great ... Read more...

Posted in Entertainment |

Reliance Communications raises $255 mn for part-finance of 3G loan


January 18th, 2011 - 6:29 pm ICT by IANS
Mumbai, Jan 18 (IANS) Reliance Communications (RCom), part of the Reliance Anil Dhirubhai Ambani group, Tuesday said it has raised $255 million (Rs.1,155 crore) through external commercial borrowings for partly re-financing ... Read more...

Posted in Business |

No smokers in Britain by 2050: Report


January 8th, 2011 - 10:30 pm ICT by IANS
London, Jan 8 (IANS) As smoking rates continue to fall in Britain, there could be no smokers left in the country in the next 30 to 50 years, a media report said ... Read more...

Posted in Health |

Rival betters ArcelorMittal’s offer for Toronto mining company


January 3rd, 2011 - 2:02 pm ICT by IANS
By Gurmukh Singh Toronto, Jan 3 (IANS) The fight between ArcelorMittal and Nunavut Iron Ore Acquisition Inc. for control of Baffinland Iron Mines Corp is heating up as the latter has now ... Read more...

Posted in Business |

ArcelorMittal sticks to offer deadline as rival raises bid


December 30th, 2010 - 3:38 pm ICT by IANS
By Gurmukh Singh Toronto, Dec 30 (ANS) Even as ArcelorMittal stuck to its Thursday night deadline of friendly takeover offer of $492 million to Canada's Baffinland Iron Mines Corporation, rival Nunavut Iron ... Read more...

Posted in Business |

PNB JV’s merger bid in Nepal bounces


September 24th, 2010 - 5:36 pm ICT by IANS
By Sudeshna Sarkar Kathmandu, Sep 24 (IANS) The bid by Indian public sector Punjab National Bank (PNB)'s joint venture in Nepal, Everest Bank Ltd (EBL), to merge with another Nepali bank ... Read more...

Posted in Business |

Goldman Sachs bans traders from swearing in emails


July 30th, 2010 - 4:53 pm ICT by ANI
London, July 30 (ANI): Investment bank Goldman Sachs has warned its traders not to swear in company emails, and added that their emails will be censored and unacceptable words removed.According to The ... Read more...

Posted in Business |

President Obama announces four key Administration posts


July 27th, 2010 - 5:28 am ICT by BNO News
WASHINGTON D.C. (BNO NEWS) – President Barack Obama announced on Monday the appointment of four key administration posts, including a new Chair of the President's Advisory Commission on Asian Americans and Pacific ... Read more...

Posted in Politics |

Obama signs biggest financial overhaul in generations


July 22nd, 2010 - 12:09 am ICT by IANS
Washington, July 21 (DPA) President Barack Obama Wednesday signed into law the most sweeping overhaul of the US financial system since the Great Depression of the 1930s, capping a year-long effort ... Read more...

Posted in Business |

German banker who misled market gets suspended jail term


July 14th, 2010 - 5:41 pm ICT by IANS
Dusseldorf, July 14 (DPA) A German banker who misled the market about the looming sub-prime mortgage crisis in 2007 was handed a 10-month suspended jail sentence and 100,000 euros ($125,000) in fines ... Read more...

Posted in Business |

Google expecting China to clear its license to operate


July 9th, 2010 - 1:53 pm ICT by ANI
Sun Valley (Idaho, US), July 9 (ANI): The CEO of search engine giant Google, Eric Schmidt, has said that he expects China to renew the company's license to allow it to operate ... Read more...

Posted in Business |

Brit bank exec sends serial staff emails warning about randy workmate


July 1st, 2010 - 5:22 pm ICT by ANI
London, July 1 (ANI): An executive PA at investment giant Barclays Capital has sent hundreds of staff an email warning them off a randy workmate.Miranda Barker had sent off the alert to ... Read more...

Posted in World |

Goldman Sachs NJ office deluged with bedbugs


June 18th, 2010 - 12:21 am ICT by Aishwarya Bhatt
New Jersey, Jun 17 (THAINDIAN NEWS) Investment bank Goldman Sachs seems to be attracting problems like anything. The latest issue to strike the bank is certainly unheard of. The NJ office of ... Read more...

Posted in Business |

Britain imposes $48.2 mn fine on JP Morgan


June 3rd, 2010 - 11:56 pm ICT by IANS
London, June 3 (DPA) Investment bank JP Morgan in London has been given a record fine of 33.3 million pounds ($48.2 million) by Britain's Financial Services Authority (FSA)for failing to protect clients' ... Read more...

Posted in Business |

UBS math model predicts Brazil as FIFA World Cup winner


May 13th, 2010 - 8:08 pm ICT by ANI
London, May 13 (ANI): UBS bankers have used a mathematical model to predict that Brazil will be the champions of the South Africa 2010 World Cup.Brazil, who have claimed the trophy a ... Read more...

Posted in Sports |

Newsweek magazine up for sale to curb down losses


May 6th, 2010 - 1:31 pm ICT by ANI
London, May 6 (ANI): The Washington Post Company owners of the struggling current affairs magazine, Newsweek, has put it for sale after efforts to refocus the publication failed to curb down heavy ... Read more...

Posted in World |

British watchdog to investigate Goldman Sachs


April 20th, 2010 - 7:53 pm ICT by IANS
London, April 20 (DPA) Britain's financial watchdog said Tuesday it would launch a formal enforcement investigation into investment bank Goldman Sachs following fraud charges in the US. The Financial Services Authority (FSA) ... Read more...

Posted in Business |

Goldman Sachs Under The Scanner Of US Securities And Exchange Commission


April 17th, 2010 - 7:24 pm ICT by GD
By Ranjan Bhaduri Washington, Apr 17, (THAINDIAN NEWS) Giant US investment bank Goldman Sachs has come into the spotlight after being accused by the US Securities and Exchange Commission of misleading its investors. ... Read more...

Posted in Business |

Goldman sued by ex-VP over “mommy track”


March 25th, 2010 - 8:43 pm ICT by Pen Men At Work
March 25, 2010 (Pen Men at Work): A former vice president of the Goldman Sachs Group Inc has sued the company for alleged bias because she was consigned to a mommy track ... Read more...

Posted in Business |

Glazer Family rules out selling Manchester United


March 2nd, 2010 - 12:51 pm ICT by ANI
London, Mar 2 (ANI): The Glazer Family, American owners of Manchester United, have ruled out selling the English Premier League club.Speculation mounted on Monday after a number of leading businessmen, labelled the ... Read more...

Posted in Sports |

« Previous Entries

Subscribe