Brazil Private Sector Involvement in Infrastructure Concessions 'Essential': Gerdau
Brazilian private sector involvement in the country's planned concessions for new infrastructure projects is "absolutely essential" if Brazil is to become internationally competitive, a federal government advisor on competitiveness said Tuesday.
Samsung Electronics Gets KRW1.2 Trillion Order for Network Equipment in India -Report
Samsung Electronics Co. (005930.SE), the world's largest technology company by revenue, has received a 1.2 trillion won ($1.1 billion) order from India to supply equipment for next-generation network technology--also known as long-term evolution, or LTE--Maeil Business Newspaper reported Wednesday
Pfizer Names Banks for Animal Healthcare IPO
Pfizer Inc. (PFE) has appointed Bank of America Merrill Lynch, JPMorgan Chase & Co. (JPM) and Morgan Stanley (MS) to lead its animal health-care unit IPO, the Reuters news agency said Tuesday on its website, citing unnamed sources close to the situation.
Japan Stocks Fall With Earnings In Focus
Japanese stocks fell sharply early Wednesday, picking up on a weak lead from Wall Street amid reported German concerns over some bailout details, while earnings exerted a mixed influence on shares.
Australia Stocks Slip Ahead Of China Data
Australian shares slipped in early Wednesday trading, tracking falls on Wall Street overnight as investors eyed the outcomes of key central bank meetings in the U.S. and Europe.
Pfizer Names Banks on Animal Healthcare IPO: Sources - Reuters
Pfizer Inc. (PFE) has appointed Bank of America Merrill Lynch, JP Morgan & Chase Co. (JPM) and Morgan Stanley (MS) to lead its animal health-care unit IPO, the Reuters news agency said Tuesday on its website, citing unnamed sources close to the situation.
Marathon Oil: US FTC Reviewing Alaska Deal With Hilcorp
Marathon Oil Corp. (MRO) said Tuesday the U.S. Federal Trade Commission is reviewing its deal to sell Alaska oil and gas assets to Hilcorp Energy Corp.
Argentina and Venezuela to Team Up in Oil, Gas Ventures
Argentina and Venezuela agreed Tuesday to forming a strategic alliance to develop oil and gas industries through the countries' state-run oil companies.
Money Transfer Service Xoom Prepares for IPO: sources - Reuters
San Francisco-based online money transfer service Xoom Corp has hired Goldman Sachs Group Inc. (GS) as its lead underwriter in the company's preparation for an initial public offering, the Reuters news agency said Tuesday on its website, citing two unnamed sources familiar with the situation.
CapitaLand 2Q Net Profit Falls 3.3% to S$385.9 Million on Higher Finance Costs
CapitaLand Ltd. (C31.SG), Southeast Asia's largest developer by market value, said Wednesday its second-quarter net profit eased 3.3% from a year earlier as the group incurred greater finance costs from borrowings and foreign-exchange losses.