Financial regulators across the world need to work together to keep checks on the increasingly powerful $1.2 trillion (810 billion pound) hedge fund industry
Australian property investors are sending huge amounts of investment offshore in search of higher returns and diversified portfolios.
On Wednesday, Microsoft unveiled the pricing of its anticipated external Hi-Definition DVD (HD-DVD) player to be released for its Xbox 360 gaming console.
The United States fell to sixth place in the World Economic Forum's 2006 global competitiveness rankings, ceding the top place to Switzerland, as macroeconomic concerns eroded prospects for the world's largest economy.
ArmorGroup International Plc the security services firm today announced it had landed a $5.6 million mine clearance contract in Lebanon.
Honda Motor Co. said on Monday it has developed a new and simple diesel powertrain that is as clean as gasoline-fuelled cars, unveiling plans to mount it on a car for the U.S. market by 2009.
Pan-European exchange operator Euronext on Monday denied it planned to postpone an extraordinary general meeting set for December, at which its shareholders are due to vote on a $10 billion plan to merge with NYSE Group .
Germany's MAN AG is planning a more attractive bid to win over resistant shareholders of Swedish truckmaker Scania, the Wall Street Journal on Friday quoted MAN Chief Executive Hakan Samuelsson as saying.
Volkswagen and its German workers union are set to resume critical talks over planned wage cuts on Friday
Volkswagen and its German workers union are set to resume critical talks over planned wage cuts on Friday, overshadowed by a threat from its influential works council chief to break off the talks if no immediate progress is made.
Consolidation in Europe's drugs sector gathered steam on Thursday as Germany's Merck unveiled a $13.3-billion deal to buy Europe's top biotech firm Serono, and Denmark's Nycomed won the drugs unit of Altana.
Germany drugmaker Merck KGaA unveiled a surprise 16.6-billion-Swiss franc ($13.3 billion) deal on Thursday to buy Swiss biotech firm Serono, creating a new force in European pharmaceuticals.
Ethanex Energy Inc., a renewable energy company, said on Wednesday it has formed an alliance with the Industrial Investment Council, an investment agency funded by the German government. The IIC will work with the energy company to establish bio-ethanol facilities in Germany.
An executive at Scania , object of an unsolicited bid from Germany's MAN, has rejected market speculation that Scania may be too small to remain independent and successful over the long term.
CLS Holdings Plc has announced today the completion of the acquisition of a portfolio of properties in Germany with a total consideration of £18,740,074, inclusive of all costs. All three properties are located in the Munich area.
Oracle Corp. Chief Executive Larry Ellison showed his notorious competitive streak Tuesday, when the business software maker reported first-quarter profit jumped 29 percent and revenue soared 30 percent.
As the International Monetary Fund embarks on a second round of reforms to give developing countries more say in the institution, the World Bank signalled on Wednesday that it was ready to go the same route.
An agreement to boost the voting power of emerging nations in the International Monetary Fund is just the start of a difficult process, the IMF's head said on Wednesday, as the World Bank signaled it was ready to go the same route.
The Thai baht staged its largest one-day fall in three years on Tuesday after Thai armed forces said they had taken control of Bangkok, which led to a broad-based decline in a number of Asian currencies.
A group of nine of the world's biggest investment banks said on Tuesday they planned to set up a new system for reporting share trades, bypassing the major European stock exchanges and ahead of new European securities regulations due to come into force later this year.
The ZEW Indicator of Economic Sentiment for Germany dropped by 16.6 points in September, it was announced today.
DLJ, the private equity arm of Credit Suisse, is in talks to buy engineering company Morgan Crucible Co for around 925 million pounds, a source familiar with the matter said.