Investment in renewable energy will likely drop 38 percent worldwide in 2009, an official from the International Energy Agency said on Monday from Bucharest at the Eurelectric annual convention.
Lincoln Financial Group said on Monday that it would accept federal bailout money as part of a plan to raise $2 billion that also includes sales of stock and debt.
U.S. stocks headed for a sharply lower open on Monday as a resurgent U.S. dollar drove a pullback in the price of oil and other commodities, while a broker downgrade hurt shares of Wal-Mart Stores Inc .
U.S. stock index futures pointed to a sharp slide on Wall Street on Monday as a resurgent U.S. dollar drove a pullback in the prices of oil and other commodities.
U.S. stock index futures pointed to a sharp slide on Wall Street on Monday as a resurgent U.S. dollar drove a pullback in the prices of oil and other commodities.
Ireland's Mainstream Renewable Power bought three wind farms in Illinois and plans to spend $1.7 billion to ramp capacity up to 787-megawatts by 2013, marking its first investment in the United States.
U.S. stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 1.2 percent, Dow Jones futures down 1 percent, and Nasdaq 100 futures down 1.1 percent at 0905 GMT.
BlackRock Inc , the fund manager that has been one of the biggest winners of the credit crunch, has snapped up Barclays Global Investors for $13.5 billion in a deal creating the world's largest money manager.
Brazil’s mining giant Vale has started iron ore price talks with China, the company released on Friday, two days after it announced agreements with Korean and Japanese steelmakers.
The U.S. Treasury Department is facing mounting pressure to ensure that taxpayers get a fair return on banks' warrants as the largest firms prepare to shake off government ownership stakes.
Hartford Financial Services Group Inc said it will take as much as $3.4 billion of federal bailout money and sell up to $750 million of common stock to bolster capital after large losses on investments.
Hartford Financial Services Group Inc said it will take as much as $3.4 billion of federal bailout money and sell up to $750 million of common stock to bolster capital after large losses on investments.
BlackRock, Inc announced it has agreed to buy Barclays Global Investors from Barclays Plc in a $12.9 billion cash and stock deal to create an the world’s largest asset management firm with combined assets of over $2.7 trillion.
Italy's founder and other shareholders said on Friday they would launch an offer to buy out and then to delist the software company, sending RGI shares up more than 2 percent.
Private equity firms are expected to bid for Goodbaby Group after its top shareholder hired Morgan Stanley to sell its stake in China's largest baby stroller maker, sources said on Friday.
BlackRock has agreed to buy Barclays Global Investors to create the world's biggest asset manager in a $13.5 billion deal that British bank Barclays hopes will put to rest concerns about its capital.
KKR Financial Holdings LLC, a debt fund managed by private equity firm Kohlberg Kravis Roberts & Co, said a debtholder swapped $3 million of convertible notes for 1.18 million shares in the company.
Global Payments Inc said it has bought the remaining stake in its British joint venture with HSBC Bank Plc for $307.7 million in cash.
Stock index futures extended losses on Friday, signaling a lower Wall Street open, as crude oil hovered near session lows and gold retreated amid a rise in the U.S. dollar.
Stock index futures pointed to a lower open on Friday as commodity prices eased and investors looked ahead to key consumer confidence data.
Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures down 0.3 percent by 6:00 a.m. ET.
BlackRock has agreed to buy Barclays Global Investors to create the world's biggest asset manager, in a $13.5 billion deal that British bank Barclays hopes will put to rest concerns about its capital.
