SAN FRANCISCO (Reuters) – Indian conglomerate Sahara India Pariwar is in discussions about buying the debt of struggling film studio Metro-Goldwyn-Mayer for $1.5 billion to $2 billion, according to two people familiar
Shares in Hong Kong and Shanghai were little changed by the midday break on Monday, with investors trimming positions ahead of regional holidays and as U.S. markets remained rangebound. Hong Kong's benchmark
The dollar was on the defensive and gold held near a record high on Monday as possible further Federal Reserve moves to increase money supply weighed on the U.S. currency and boosted
Levies on the financial sector are warranted in some cases but joint, coordinated action is preferable and taxation should not "eat up" banks' capital, the European Bank for Reconstruction and Development said
Henderson Global Investors has launched a new $1.1 bln fund targeting the U.S. apartment market, saying it was the best-placed property sector for rent growth and occupancy over the next five years.
Greece will auction a total of 300 mln euros of 13-week T-bills on Tuesday, the country's debt agency (PDMA) said on Friday. Greece kicked off a plan of monthly sales of short-term
Cyprus and Russia signed a protocol for economic cooperation on Thursday, in the context of talks between Cypriot Minister of Finance Charilaos Stavrakis and Russian Deputy Minister of Economic Development Igor Manylov.
Japanese Prime Minister Naoto Kan kept allies in key posts in a cabinet reshuffle on Friday, signalling he plans to press ahead with efforts to curb a huge public debt as he
Oil was on Friday headed for its biggest weekly drop in the last five, erasing gains related to the eight-day shutdown of Enbridge's largest Canada-U.S. pipeline, now scheduled to restart in a
Global stock markets were on their way to a third week of gains on Friday, with emerging markets favoured, while the threat of Japanese intervention kept the yen close to its lows
