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The US$3.19bn bid by private equity firms Candover, Goldman Sachs Capital Parterns and AlpInvest Partners for UK's Expro is yet another in the chain of private equity investments... 2008-04-18

Delta Air Lines and Northwest Airlines reached a merger agreement last week to create the world's largest passenger airline, a sign of the ongoing consolidation in the aviation industry,... 2008-04-17

Oasis Hong Kong Airlines announced its fall into financial liquidation on April 9. The start-up airline, which was established in 2006 by several Hong Kong investors led by Reverend... 2008-04-11

The numbers from the ongoing credit crunch are rolling in, and they are ugly. The International Monetary Fund last week projected in its Global Stability Report that US$945bn in... 2008-04-11

On April 3 the President of Venezuela Hugo Chavez announced the nationalisation of the cement industry. However, it is now unclear what degree of nationalisation will take place.... 2008-04-10

Vikram Pandit, Citigroup's chief executive since December, has begun a major overhaul to enhance efficiency and beef up its balance sheet. The new strategy began in January and Citigroup... 2008-04-04

Preliminary figures from Dealogic on global M&A show that the first quarter has been the least active in terms of deal value since 2004. M&A was valued at US$625bn, down 40%... 2008-04-04

Ben Bernanke appeared before the Joint Economic Committee (JEC) on April 2 to update Congress on the outlook for the US economy, but the run-up to the Chairman's speech became more... 2008-04-04

Emerging markets are fuelling the luxury goods industry, by accounting for around 30% of global sales at present. As these economies develop, their large populations are demanding... 2008-03-28

Some of the world's largest pension funds are gradually becoming less risk-adverse. South Korea's pension fund, the National Pension Service (NPS), announced on March 20 that it may... 2008-03-28