INVESTMENT

Week Ahead: Asian Stocks Likely To Fall On Weak China Data

Asian Markets
Markets are expected to begin the week on a negative note after official data Saturday showed that Chinese manufacturing activity shrank for the first time in nine months, raising concerns over the growth slowdown in the world's second largest economy.
More news
Green vehicles

Govt Approves $4.1 Billion Green Vehicle Push

The central government has approved a ?230 billion plan to spur electric and hybrid vehicle production over the next eight years, setting itself an ambitious target of 6 million vehicles by 2020.
Pills

Big Bets Aim To Jolt Heart Drug Sales Back To Life

Patent expiries mean annual sales of 15 different categories of heart drugs are set to fall by more than a quarter by 2017, from $83 billion in 2011 to $60 billion, according to consensus analyst forecasts compiled by Thomson Reuters Pharma.
IBTimes Logo

KKR May Invest More Than $1B In Japan’s Renesas Electronics

Legendary private equity investor Kohlberg Kravis Roberts (NYSE: KKR) may seek to acquire control of Japan’s Renesas Electronics (Tokyo: 6723) for a 100 million yen (US $1.27 billion) investment, which would be its largest in Japan, financial news agencies reported.
RBI Governor Duvvuri Subbarao speaks at a business conference in New Delhi March 26, 2009.

Inflation Still a Key Threat, Says RBI Gov Subbarao

Reserve Bank of India (RBI) Governor Duvvuri Subbarao said on Tuesday that inflation remains too high and needs to fall further or risk more damage to the economy, dismissing criticism of the bank's hawkish policy stance.
India, China meet

India, China Press Each Other for Market Access

India and China pressed each other for greater market access for their products from medicines to Bollywood films at a meeting of trade ministers on Monday, seeking to expand commercial ties between the Asian giants as they battle a global downturn.
William Ackman, Hedge fund manager and the founder of Pershing Square Capital

Bill Ackman Strikes Again With General Growth Properties Bid

Bill Ackman, the mercurial hedge fund manager of Pershing Square Capital LLP and activist investor, is at it again. Ackman said in a regulatory filing Thursday that his company had been in talks with Simon Property Group Inc. (NYSE: SPG), the largest U.S. mall owner, regarding a takeover of General Group Properties Inc. (NYSE: GGP), its next largest rival.

Best Buy's Buyout Bid Hits A New Snag

According to CNN Money, Best Buy has been having difficulty with founder Richard Schulze regarding his attempts at buying out the company’s remaining shares.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.