Blackstone Group LP and TPG Capital Management LP are expected to make a combined offer for Kensington, one of Britain’s biggest specialist mortgage lenders, Sky News reported on Wednesday.
Sanchez Energy Corp said it would buy oil and gas properties in the Eagle Ford region of south Texas from Royal Dutch Shell Plc for about $639 million cash as the Dutch oil company looks to pare its exposure to U.S shale.
China and Russia signed a $400 billion gas supply deal on Wednesday, securing the world’s top energy user a major source of cleaner fuel and opening up a new market for Moscow as it risks losing European customers over the Ukraine crisis.
Thailand’s economy shrank more than expected in the first quarter as exports remained weak and domestic activity was battered by months of political unrest, adding to fears the country is sliding into recession.
President Barack Obama will gather executives from several major international companies including Ford Motor Co and Deutshe Lufthansa AG on Tuesday to discuss a White House initiative to encourage investment in the United States.
Royal Dutch Shell will hold on to its refining business despite shedding many underperforming downstream assets, its chief executive said on Tuesday.
Credit Suisse has agreed to pay a $2.5 billion fine to authorities in the United States for helping Americans evade taxes after becoming the largest bank in 20 years to plead guilty to a U.S
US Ambassador to China Max Baucus on Monday tried to entice Chinese investors with U.S infrastructure projects, emphasising the countries’ economic ties in some of the first high.
Ryanair reported its first fall in profits in five years on Monday on intense competition in European short.
A new standards body for British bankers will be launched this year, with a chairman appointed by an independent panel led by Bank of England Governor Mark Carney.
8211; Exhibitions organiser ITE Group Plc said first-half headline pretax profit rose 64 percent, driven by income from its recently acquired Chinese exhibition Sinostar and changes in the biennial pattern and timing of…
The British housing market has “deep, deep” structural problems which pose the biggest current risk to the economy, Bank of England Governor Mark Carney has said in an interview.
8211; Intel Corp’s Chief Executive Officer Brian Krzanich mingled with electronics buffs at Silicon Valley’s annual maker mecca on Saturday as the chipmaker looks to amateur inventors to inspire a new…
Britain’s wealthiest people are richer than they have ever been, with a combined fortune of 518.9 billion pounds ($874 billion) – equivalent to a third of the nation’s gross domestic product, according to an annual study.
8211; Credit Suisse Chief Executive Brady Dougan came under further pressure to resign on Sunday, with a key figure in Switzerland’s largest party becoming the latest politician to call for a change in…
China’s biggest buyout firm, CDH Investments, is known as “The Blackstone of China” for its savvy deal making and spread of businesses, but last month’s pulled IPO of pork producer WH Group Ltd is a setback to its global ambitions.
Saudi Arabia is considering trade sanctions against the Netherlands because of stickers printed by far.
8211; Macau authorities have urged banks to restrict the use of a Chinese state-backed bank card which racked up $22.5 billion in transactions last year, a person with direct knowledge of the matter…
Hundreds more investors have joined an unprecedented group legal action against Royal Bank of Scotland, alleging they were misled during an emergency cash call in 2008, and are claiming damages of around 4 billion pounds ($6.7 billion).
Abbott Laboratories said on Friday it would acquire Chile’s CFR Pharmaceuticals SA in a $2.9 billion deal that will more than double its branded generic drugs business in the fast.
German industry is ramping up efforts to dissuade Chancellor Angela Merkel from imposing tough new economic sanctions on Russia over Ukraine, warning of lasting damage to domestic firms and the broader economy if Moscow is hit hard.
After warning for years that the U.S electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs out of their complacency.
Cambodia’s three main Airports received more than 1.7 million passengers in this year’s first quarter, representing an increase of 10.3 percent over the corresponding period in 2013.
LONDON, (Reuters) – British interdealer broker ICAP said on Wednesday it was recovering from 2013’s Libor rate-rigging scandal, but was still grappling with deleveraging by banks and shifts in the regulatory environment. ICAP’s full-year pre-tax…
British Land, developer of London’s “Cheesegrater” skyscraper, said it was starting to benefit from a long.