INVESTMENT

Traders work on the floor of the New York Stock Exchange

Markets Tailspin On New Greek Bank Woes

Stocks and commodities plunged Wednesday after the head of the European Central Bank -- a lynchpin in the euro zone's effort to contain the effects of its sovereign debt crisis -- suggested that some Greek banks will be left to collapse.

Brazil's BTG Pactual Plans $2.24 Billion IPO

BTG
BTG Pactual, the largest independent investment bank in Latin America, said it is planning to raise up to $2.24 billion in a public offering that could signal the revival of Brazil's IPO market.
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Top JP Morgan Banker Quits After Market Abuse Fine

One of London's most prominent bankers was fined 450,000 pounds ($720,000) for passing on inside information in a case that will embarrass his employer J.P. Morgan Cazenove and which marks a push by British regulators to target high-profile figures.
Mass Effect 3: Did Fan Protests Cause EA Stock Price Drop?

Mass Effect 3 Ending: Did Fan Protests Cause EA Stock Price To Drop?

Video game consumers and fans are arguing that these protests have caused a dip in EA's stock price, and are calling for a boycott of the company in order to pressure Bioware to release a better ending for Mass Effect. The anti-climactic ending to the Mass Effect franchise has transformed the mass of videogame fans and consumers into an online army, protesting both Bioware, the game developers who created the series, as well as EA games, who own Bioware and published Mass ...
A worker processes nickel ore at a Vale plant in Indonesis

Indonesia Mulls Steep Tax On Mineral Exports

One of the world's largest exporters of raw materials is working to introduce a steep tax on just such shipments this year, Reuters is reporting, a move that is catching foreign investors and major trading partners by surprise.
A Royal Bank of Canada (RBC) sign is seen in downtown Toronto

Royal Bank Of Canada Snaps Up Rest Of RBC Dexia For $1.1 Billion

Royal Bank of Canada (TSE:RY), the country's largest bank, said Tuesday it will acquire the 50 percent of RBC Dexia Investor Services Ltd. it does not already own from its joint-venture partner Banque Internationale à Luxembourg S.A. for C$1.1 billion ($1.1 billion) in cash.
Cimpor cement factory in central Portugal

Big Brazilian Companies Eye Major Portuguese Cement Maker

Two Brazilian industrial titans are circling a big Portuguese cement maker in the latest sign that the euro zone's recession is cutting the value companies based in struggling European countries and making them takeover targets.
Burma Elections

Myanmar Election Results: Aung San Suu Kyi Victorious

Burmese activist Aung San Suu Kyi and the opposition National League for Democracy declared victory after Sunday's by-elections. Speaking to thousands of supporters from party headquarters in Yangon, the Nobel Peace Prize laureate hailed the success as the beginning of a new era for politics in Burma.
India

Global Business Groups Warn India Over Tax Plan Impact

International trade groups representing more than 250,000 companies have warned Indian Prime Minister Manmohan Singh that new taxation proposals by his government have led foreign businesses to reconsider their investments.
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Goldman Sachs eyes $3 billion property debt fund: report

A private equity arm of Goldman Sachs is looking to launch a $3 billion property debt fund in a bid to take advantage of a growing shortage of real estate financing across the UK and Europe, British newspaper the Times said on Monday.
Double Fine Adventure

Double Fine Adventure Success Ignites New Interest in KickStarter

The great success of Double Fine Adventure seems to be catching on to other crowd-funded video game projects as well, according to a post on the company's Kickstarter blog. Now, thanks to the rocketing success of the adventure game, many other Kickstarter projects are benefiting, and it's not just games.

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