A rare, 5-carat pink diamond will be sold in Hong Kong this December by Christie's, which expects the stone to hover near world record prices, thanks in part to the buying prowess of top Asian jewelry collectors.
Las Vegas Sands, the world's largest casino firm, is seeking $400 million in short-term funding to help boost cash and restart construction of its stalled resort in Macau, local media reported on Saturday.
The U.S. Federal Deposit Insurance Corp launched the first test of its Legacy Loans Program that could eventually help banks rid their balance sheets of toxic assets so they can raise new capital and increase lending, the agency said on Friday.
The U.S. Federal Deposit Insurance Corp launched the first test of its Legacy Loans Program to help banks rid their balance sheets of toxic assets so they can raise new capital and increase lending, the agency said on Friday.
A U.S. judge ruled on Thursday that auto parts maker Delphi Corp (DPHIQ.PK) can sell itself to a group of lenders, paving the way for the company to end its near four-year trip through bankruptcy court.
A U.S. bankruptcy judge is likely to rule on Thursday whether auto parts supplier Delphi Corp can go ahead with its plan to sell its assets to a group of lenders and bring an end to its near four-year bankruptcy case.
Vornado Realty Trust is looking to raise between $550 million and $600 million through a bond sale, the Wall Street Journal said, citing people familiar with the matter.
The $1.13 billion sale of Nortel Networks' prized wireless assets to Swedish telecoms equipment maker Ericsson received the blessing of Canadian and U.S. courts on Tuesday, with a U.S. bankruptcy judge praising the bidding process.
Shares in Italy's Safilo slumped on Tuesday as the main rescue option for the maker of Dior and Gucci eyewear disappeared with the collapse of talks with private equity fund Bain Capital.
The $1.13 billion sale of Nortel Networks' prized wireless assets to Swedish telecoms equipment maker Ericsson will likely receive the blessing of the courts on Tuesday, although it is not yet clear if it will pass Canadian government muster.
Flextronics International Ltd said on Tuesday it has withdrawn all objections to the sale of Nortel's wireless technology assets to Ericsson and resolved outstanding issues with the Swedish telecom equipment maker.
Vodafone said on Tuesday there was no sale process underway for Deutsche Telekom'sT-Mobile UK subsidiary, at a gloomy annual meeting overshadowed by economic and performance concerns.
Ontario Finance Minister Dwight Duncan is pressing the Canadian government to block the proposed $1.13 billion acquisition of Nortel Networks Corp's wireless division, Toronto's Globe and Mail reported on its website.
Rock legend Jimi Hendrix's first recording contract worth $1 and erotic audio and video tapes sent by Madonna to her old bodyguard went on sale in an online auction on Monday.
Rock legend Jimi Hendrix's first recording contract worth $1 and erotic audio and video tapes sent by Madonna to her old bodyguard went on sale in an online auction on Monday.
Troubled insurer American International Group Inc rebranded its property-casualty business under the name Chartis on Monday, and took a step toward selling at least part of the business.
Italy has blocked the sale of two luxury yachts which police say were destined for North Korean leader Kim Jong-il, in violation of international sanctions on his isolated communist state.
Delphi Corp's ability to sell itself depends on four of its loss-making plants that buyers may need to inherit as part of a sale, the New York Post said on Wednesday.
Internet giant Yahoo Inc is looking to sell HotJobs and Yahoo Small Business as part of its drive to shed its non-core assets, peHUB, owned by ThomsonReuters, said, citing sources familiar to the matter.
Internet giant Yahoo Inc is looking to sell HotJobs and Yahoo Small Business as part of its drive to shed its non-core assets, peHUB, owned by ThomsonReuters, said, citing sources familiar to the matter.
Dubai's Al Nassma, the world's first brand of chocolate made with camels' milk, plans to expand into new Arab markets, Europe, Japan and the United States, its general manager said on Tuesday.
Sun Microsystems Inc shareholders approved the computer maker's $7 billion sale to Oracle Corp as the two await antitrust clearance from U.S. and EU regulators before they can close the deal.