IPO News
UPDATE 3-Gold slips as equity rally spurs profit-taking
* European stocks rise as rate cuts calm investors * South African gold output slips 23.2 pct in August * Gold, silver ETF holdings firm (Recasts, updates throughout, changes dateline, pvs SINGAPOR...
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MetLife Approached Hartford for Possible Merger Deal - Update
News ) for a possible merger deal, the Wall Street Journal reported Wednesday citing people familiar with the discussions.Citing these sources, the Journal stated further that the talks between the Ne...
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2 Major Japanese Wholesalers Considering Merger
, a wholesaler specializing in pharmaceutical products and medical equipment, are considering merging into a single entity, informed sources said Thursday.">
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Apax chief critical of private equity risk-taking
LONDON (Reuters) - Private equity groups are encouraged to take "undue risks" by high rewards, the co-founder and senior managing partner of private equity group Apax Partners Adrian Beecroft said on Wednesday.

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Market Chatter -- Corporate finance press digest
Stock Buzz ) between its two suitors were hung up on several key issues Wednesday, The Wall Street Journal said, citing people familiar with the situation. [nBNG345842]
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Commodity prices at mercy of world economy
NEW YORK (Reuters) - Further declines in oil and metals prices after coordinated global interest rate cuts suggest that commodities will not return to their giddy heights until the world economy is on more solid footing.

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Iran faces U.S. challenge in "pistachio war"
KERMAN PROVINCE, Iran (Reuters) - For some Iranians, it's a galling thought: the United States may oust Iran as the world's largest producer of pistachio nuts this year because of one of the worst har...
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Larger say in bank salvage plan
LONDON (Reuters) - The state will demand a big say in the direction some of its biggest banks now take as the price for its 50 billion pound emergency rescue plan.

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Central banks have rich ally in China
WASHINGTON (Reuters) - The world's humbled economic powerhouses are reaching out to developing countries to help solve the credit crisis, and China's involvement in a coordinated interest rate cut suggests they are willing to join the fight

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U.S. dollar rally to continue amid global rate cuts
NEW YORK (Reuters) - Coordinated interest rate cuts by central banks around the world on Wednesday will do nothing to stop the U.S. dollar's advance given strong demand for liquidity and a safe haven.

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Newspaper roundup
LONDON (Reuters) - Here are the business headlines from Thursday's newspapers.

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  • Wealth funds meet to allay Western fears

    SINGAPORE (Reuters) - Sovereign wealth funds that control an estimated $3 trillion in assets will meet in Singapore this week to discuss a code of ethics aimed at allaying Western fears that their investments are politically motivated.

  • Dollar hits record lows

    ' onclick="javascript:this.select();" /> Mar. 14 - The dollar falls to a record low against the euro and falls back to a 12 year low against the yen as U.S. credit fears deepen.