The remaining 26 percent holding will remain in the hands of Aka Capital, a South African entity.
The buy-in “will allow Amcol to be the premier dedicated chrome sand supplier to foundries around the world,” said President and Chief Executive Officer Larry Washow, “adding that the company considers the mine stake to be “an attractive investment [...]
Semiramida Garden is complete and some residents and guests have already [...]
“Our goal is to increase the flow of capital to SMEs in India. This is an important step in helping to attract commercial capital and reduce dependency on philanthropy or soft capital to fund this industry.”
There is a huge demand for loans targeted at small and medium businesses, said Neal DeLaurentis, vice president of Soros [...]
“Our goal is to increase the flow of capital to SMEs in India. This is an important step in helping to attract commercial capital and reduce dependency on philanthropy or soft capital to fund this industry.”
There is a huge demand for loans targeted at small and medium businesses, said Neal DeLaurentis, vice president of Soros [...]
NEW YORK (AP) — Google.org, the philanthropic arm of Google Inc., has teamed up with the Soros Economic Development Fund and Omidyar Network to fund a $17 million company that will invest in small and medium-size businesses in India.The Small to Medium Enterprise Investment Co. would fill the gap between loans offered by microfinance [...]
NEW YORK (Money) — Question: I received an offer in the mail to buy a life insurance policy for my 18-month old daughter for a small monthly premium. As I understand it, the policy would not only build cash value, but double the amount of insurance coverage when my daughter turns 21. Do you think [...]
United Microelectronics Corp., the worlds second-largest custom-chip maker, posted a 76 percent decline in profit, missing analysts estimates, as investment income slumped. Fourth-quarter net income fell to NT$1.36 billion ($42.2
million), or 16 NT cents per share, from NT$5.69 billion, or 33
NT cents, a year earlier. The Hsinchu, Taiwan-based company was
expected to post a profit of [...]
Jan. 30 (Bloomberg) — China Minsheng Banking Corp., the
nations first privately owned bank, plans to sell bonds to raise
as much as 15 billion yuan ($2.08 billion) after expansion in the
U.S. pushed its capital close to the regulatory minimum.
The Beijing-based company will sell 10-year bonds with call
warrants to buy shares, it said in a statement [...]
By Natsuko Waki
DAVOS, Switzerland (Reuters) - Rather than pack up and leave the United States fearing recession, banking and corporate leaders in Davos were looking for bargains in the U.S. financial sector, battered by the credit crisis.
Policymakers, managers of burgeoning state-run investment funds and heads of major investment banks at the [...]
Japan Stocks Gain Most in Almost 6 Years on U.S. Economic Plan
By Masaki Kondo and Patrick Rial
Jan. 25 (Bloomberg) — Japanese stocks surged the most in
almost six years after U.S. lawmakers agreed on a plan to pay
rebates to families [...]
