More From Debasree Purkayastha
China to Open More Private Banks to Finance Smaller Firms
Chan's cabinet plans new measures to bolster the slowing economy.
Aug 12, 2013
Britain Plans Fastest Pace of Hiring Since 2008 Despite Poor Wage Hike
UK employers aim to hire more staff although hike in wages remain poor.
Aug 12, 2013
CVC Partners and KKR & Co Consider Bid for US Luxury Chain Neiman Marcus
TGP Capital and Warburg Pincus, owner of Neiman Marcus, started exploring an IPO in May.
Aug 10, 2013
US Casino Operator Caesars to Sell Golf Course in Macau to Pearl Dynasty for $438m
Caesars failed to secure casino operating rights from Chinese government.
Aug 10, 2013
TeliaSonera Backs Latvian Plan to Merge Country's Fixed-Line and Mobile Operators
TeliaSonera plans to increase its stake in both Latvian companies.
Aug 10, 2013
GDF Suez to Acquire Balfour Beatty’s WorkPlace
GDF to acquire WorkPlace to boost its facilities management business.
Aug 09, 2013
Tesco in 'Exclusive Talks' over £10bn Merger with China Resources Enterprise
The joint venture will create a business with sales worth £10bn.
Aug 09, 2013
Goldman Sachs to Offload Majority Stakes in Rothesay Life
Goldman plans offloading stakes to comply with the regulatory rules.
Aug 09, 2013
Pearson Targets $500m for Mergermarket's Initial Bid
Plan to sell Mergermarket is part of Pearson's overall reorganisation
Aug 09, 2013
Britain: 'Recession Babies' Drive Fastest Growing Population in EU
Britain's population grows by 0.7% on surge in new babies born and an immigration influx
Aug 08, 2013
TPG Eyes Potential Aptalis Pharma Buyer in Deal Over $3bn
Anonymous sources tell Reuters TPG Capital's price tag deterred some potential bidders for Aptalis Pharma.
Aug 08, 2013
UK Government Launches Stockbroker Search to Help Sell Royal Mail Shares
Royal Mail will be floated on the London Stock Exchange by the end of March 2014
Aug 07, 2013
TUI Travel Profits Boosted by Fixed-Price Summer Booking Surge
TUI Travel posts 3% increase in the operating profit.
Aug 07, 2013
Wal-Mart Mulls Bid for Hong Kong's Supermarket Chain ParknShop
Wal-Mart plans to expand its business in Asian markets.
Aug 07, 2013
Cross-border Transactions Drop on Global Economic Crisis and Political Uncertainty
53% of the senior executives blame economic crisis and political uncertainty for slow-down.
Aug 06, 2013
Hellman & Friedman to Take Over Hub from Britain's Apax Partners
Hellman & Friedman to purchase insurance and brokerage firm Hub for $4.4bn.
Aug 06, 2013
Gulf of Mexico Oil Spill: BP Unveils New Evidence of Fraud in Settlement Programme
BP says it has discovered new evidence of fraud and conflicts of interest in the compensation programme
Aug 06, 2013
TCI Asks EADS to Sell its Stake in Dassault
TCI said Dassault holdings was 'a poor use of capital.'
Aug 05, 2013
France's Natixis to Axe Around 700 Jobs
Natixis plans to slash hundreds from the headcount with a voluntary removal scheme.
Aug 05, 2013
China Orders Recall of Milk Products of New Zealand's Fonterra
Bacteria that can lead to food poisoning found in some products.
Aug 03, 2013
Allianz, Europe's Biggest Insurer, Posts 27% Rise in Net Profit
Allianz profit rises on increased revenue from its insurance and management units.
Aug 03, 2013
Kazakhyms Votes in Favour of ENRC Stake Sale
Kazakhyms votes in favour of ENRC stake sale, paving way to delisting ENRC.
Aug 02, 2013
AIG in Fresh Talks to Sell Aircraft Leasing Arm After Missing Deadline
AIG fails to close $4.8bn ILFC deal.
Aug 02, 2013
Federal Judge Approves $590m Citigroup Toxic Mortgage Assets Settlement
Settlement is between Citi and shareholders over billions dollars of toxic mortgage assets.
Aug 02, 2013
BAE Eyes Saudi Jet Deal Completion This Year
Share price rises as BAE forecasts Saudi jet deal completion by the end of 2013.
Aug 01, 2013
Tesco Axes 50 Top Managers to Turnaround Business
Tesco cuts top 50 managers as Chief Executive Philip Clarke plans to revive its business.
Aug 01, 2013
BAT Ramps-up E-cigarette Expansion as Sales Go Up in Smoke
Despite lower sales, UK-based BAT posted a rise in profit and revenue for the first half of 2013
Jul 31, 2013
France's Schneider Electric to Acquire UK's Invensys for £3.3bn
Schneider Electric to acquire the British engineering firm to boost its industry automation business.
Jul 31, 2013
Accenture in Talks to Acquire Booz&Co
Accenture to boost growth with purchase of Booz&Co.
Jul 31, 2013
Etihad Buys Stake in Jet Airways as India Woos Foreign Investors
India welcomes foreign investment into domestic aviation sector.
Jul 30, 2013
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