In The News
Ecuador
Less than a week after Ecuador's telecoms regulator, Conatel, rejected América Móvil 's third application to renew its mobile licence, the authorities have made an about turn after...
2008-05-07Malaysia
Second Finance Minister Nor Mohamed Yakcop stated on May 6 that Malaysia will retain its ban on ringgit borrowing for the purposes of trading, underscoring CFW's view that FX liberalisation...
2008-05-07On April 29 Citigroup Inc tapped up the market again for the second time in nine days, when it raised US$4.5bn in a sale of common stock, 50% more than the US$3bn it originally planned...
2008-05-05United States
Connecticut-based First Reserve Corp announced April 28 that it plans to invest US$940mn in renewable energy over the next four years in Europe. The news follows the completion of...
2008-05-02United States
Following a report on first quarter profits of US$771mn (21 cents a share), broadly in line with Wall Street expectations, Time Warner Inc. announced plans to completely separate...
2008-05-02United States
New York-based Marsh & McLennan Cos (MMC) may be considering spinning-off its risk consultancy unit Kroll. It has been reported that BC Partners, a UK private equity firm, has...
2008-05-02United States
The government of Kuwait began the sale process of its national carrier Kuwait Airways Corp (KAC) on April 28. The government plans to sell two stakes in the company: a 40% stake...
2008-05-02China
It has been reported that London-based Honiton Energy, a wind energy company with operations in Inner Mongolia, China, has intentions to raise US$300mn in a private placement and...
2008-05-02
