Archive for December 2012
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Russia is expected to redirect some oil exports from Europe to Asia in the early months of 2013, when crude will flow through an expanded pipeline from the country's eastern oilfields to the Pacific port
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US authorities are examining trading by one of SAC Capital Advisors' most successful portfolio managers, Gabriel Plotkin, as part of a probe into the $14 billion hedge fund firm's investment in Weight Watchers International Inc
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India's biggest property company DLF, struggling to repay debt, said Wednesday it has agreed to sell luxury hotel chain Amanresorts International back to its founder for around $300 million. The New Delhi-based company, controlled by
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The value of deals by Japanese firms abroad has topped $110 billion so far this year, according to data provider Dealogic Wednesday, a shopping spree driven by a strong yen and limp domestic market. Softbank's
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FedEx Corp profit fell 11.9 percent in the second quarter, less than investors had feared, as the No 2 US package delivery company struggled to improve results at its air freight business. Demand for air
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FedEx Corp profit fell 11.9 percent in the second quarter, less than investors had feared, as the No 2 US package delivery company struggled to improve results at its air freight business. Demand for air
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Oman's central bank took a strict approach to regulating Islamic banking in rules for the sector which it released on Wednesday, setting higher standards for the industry than many other countries. The sultanate announced last
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Japan's exports fell for a sixth straight month in November from a year earlier, adding yet more pressure on the Bank of Japan to vigorously expand monetary stimulus. November's 953.4 billion yen ($11.4 billion) trade
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General Motors Co said it will buy back 200 million of its shares from the US Treasury and the government plans to sell its remaining stake within 15 months, all but assuring a multibillion dollar
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US homebuilding permits touched their highest level in nearly 4-1/2 years in November, pointing to strength in the housing market, even though groundbreaking activity dropped. The Commerce Department said on Wednesday building permits increased 3.6
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