IPO News
Sterling lifted with high yielders ahead of FOMC
By 1429 GMT, sterling was up 1.04 percent on the day at $2.0189 <GBP=>, while the euro was down 0.6 percent at 78.14 pence <EURGBP=>. On Monday the euro hit a record high at 79.12 pence...
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FOREX-Dollar falls vs euro on Fed meeting; up vs yen
NEW YORK, March 18 (Reuters) - The dollar traded near record lows against the euro on Tuesday amid expectations for an aggressive Federal Reserve interest rate cut, while it rebounded versus the ye...
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Managers put through paces by horses
' onclick="javascript:this.select();" /> Mar. 18 - A corporate leadership course uses horses to mirror staff behaviour. A corporate leadership course in Australia helps managers understand how they...
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NYSE Euronext welcomes Brookfield Asset Management
– Brookfield Asset Management Inc., a global asset management company, focused on property, power and infrastructure assets, was listed successfully today on NYSE Euronext’s Amsterdam mark...
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Renewable Energy withdraws planned IPO
All Associated Press news NEW YORK (AP) - Biodiesel producer Renewable Energy Group Inc. said Monday it will not go forward with a planned initial public offering because of current market conditions,...
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Bank Audi is in merger talks with Egypt's EFG
Shares in Bank Audi, one of Lebanon's two largest banks, rose 8.9 percent to $87.20 on Monday, driven by rumors of a merger but the bank's London-listed GDR was trading 3.38 percent lower on Tuesday. ...
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Baxter approves $2 billion share buyback
Deerfield, Illinois-based Baxter has less than $700 million remaining in a previous $2 billion repurchase program authorized in March 2007, it said.
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GMAC names de Molina CEO
NEW YORK (Reuters) - GMAC, a finance company struggling with mortgage-related losses, on Tuesday named Alvaro de Molina chief executive effective April 1.
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UPDATE 5-Gold gains 1 pct, focus on Federal Reserve meeting
LONDON, March 18 (Reuters) - Gold rose nearly 1 percent on Tuesday on a weaker dollar, with investors waiting for a U.S. interest-rate cut by the Federal Reserve to establish a clearer market direc...
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UPDATE 1-United Air parent to shrink fleet to conserve fuel
Research ), parent of United Airlines, will shrink its fleet by up to 4 percent this year to combat the skyrocketing cost of jet fuel, the chief executive of the No. 2 U.S. carrier said on Tuesday.
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UPDATE 2-Paulson admits U.S. economy in sharp decline
WASHINGTON, March 18 (Reuters) - U.S. Treasury Secretary Henry Paulson on Tuesday described the economy as being in "sharp decline," the closest he has come yet to conceding an election-year recess...
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  • EU criticises Russia over entry visa red tape

    MOSCOW, April 8 (Reuters) - Russian immigration red tape is so cumbersome many Europeans are leaving rather than trying to comply, European Union embassies have told the government in the latest ro...

  • Peru police, indigenous group clash at Pluspetrol

    LIMA, March 22 (Reuters) - One police officer was killed and five others wounded in a clash with indigenous workers who took over a plant of the Argentine energy company Pluspetrol in Peru's Amazon...