Archive

BP agreed to sell its interests in ethylene and polyethylene production in Malaysia to Petronas for $363 million in cash.

India's widening trade gap may eclipse forex market sentiment in the near-term, but prospects of capital inflows and strong economic growth may keep the outlook for the rupee bright in the medium-to-long-term, a strategist at Standard Chartered Bank told Reuters on Wednesday.

Suryoday Microfinance Pvt. Ltd, a Pune-based microfinance institution has successfully closed its Series B equity financing for a primary infusion of 175 million rupees together by Lok Capital and Aavishkaar Goodwell, as told to Microfinance Focus.

Intellecap inducts K Sree Kumar as CEO

On September 1st, 2010, posted in: International by admin |

Intellectual Capital Advisory Services Private Limited (Intellecap) a Social Investment Banking and Advisory Firm has appointed Krishan Sree Kumar to the post of the company’s Chief Executive Officer (CEO) on Tuesday in Hyderabad, India.

The Commonwealth Bank of Australia (ASX: CBA) is all set for a core banking development project that will put the cost-to-income ratio for its retail banking as the lowest in the world.

The Italian government will ensure that Libya's investment in UniCredit will remain clear and free of any irregularity, Foreign Minister Franco Frattini said on Tuesday.

Online banking in China has become more convenient and friendly with the People's Bank of China (PBOC) launching a new online interbank payment and clearing system dubbed 'super online banking system' on Monday, says a China Daily report.

Robert W. Baird upgraded rating of regional bank Comerica Inc. to ‘outperform’ from ‘neutral’ with a price target of $42, as the recent sell-off in the stock creates an attractive risk/reward tradeoff.

Whether you are in the process of forming a new business or have a pre-existing company that has been around for many years, it is in your interests to protect the company you've worked so hard to form and establish.

The brokerage established its 2010 operating EPS estimate for Northwest Bancshares of $0.60, its 2011 estimate of $0.75 and its 2012 estimate of $0.80.