Financing Strategies
United States
Shares in Lehman Brothers rallied strongly as news emerged that the investment bank had successfully raised US$4bn in fresh capital to shore up its balance sheet. The surge in shares...
2008-04-07Brazil
David Neeleman, the founder and chairman of JetBlue Airways, a US discount airline, has said that he will launch a Brazilian domestic airline which will begin flights in 2009. The...
2008-04-04South Korea
Newly-elected President Lee Myung-bak appears to have been accorded a honeymoon by foreign investors with pledged FDI rising by 70% y-o-y to US$2.72bn in Q108. Lee's ambitious growth...
2008-04-04United States
Hawaiian lawmakers are attempting to save Aloha Airlines which filed for Chapter 11 bankruptcy protection on March 21. Aloha, which just emerged from bankruptcy protection in 2006,...
2008-03-28United States
Following a review by its management team and board of directors, Motorola has announced that it has 'commenced a process to create two independent, publicly-traded companies'. The...
2008-03-28United States
The Enron era took another step toward closure last week as creditors to the former energy giant settled a lawsuit against Citigroupfor US$1.66bn, just weeks ahead of an April 28...
2008-03-28United States
It is widely acknowledged that a primary attraction for JPMorgan Chase in its takeover of Bear Stearns (aside from the fact that it was bankrolled by the New York Federal Reserve)...
2008-03-28United Arab Emirates
The government of Abu Dhabi in the United Arab Emirates has sent a letter outlining the investment principles of its sovereign wealth funds (SWFs) to the US Treasury Department, as...
2008-03-19United States
The FBI is investigating whether troubled mortgage lender Countrywide committed securities fraud by making false statements about its financial position, according to a report in...
2008-03-14Kenya
The regulator of Kenya's Nairobi Stock Exchange (NSE), the Capital Market Authority (CMA), has placed Nyaga Stockbrokers under statutory management and has suspended the issuance...
2008-03-14



