Local fishermen left out as China benefits from new Pakistan
Chinese-funded development of a remote Pakistani fishing town into a huge deep-sea port has received... [read more]
Cerberus goes where no firm has gone before
With an agreement to take control of Chrysler, private equity is venturing into virtually uncharted territory.... [read more]
Cerberus goes where no firm has gone before
With an agreement to take control of Chrysler, private equity is venturing into virtually uncharted territory.... [read more]
Chrysler Group to be sold to private equity firm
Cerberus gains more than 80% stake in troubled automaker for $7.4 billion ... [read more]
Buyout firm bets ?5.5 billion on Chrysler
DaimlerChrysler confirmed Monday that it would sell a controlling interest in its struggling Chrysler... [read more]
Buyout firm bets ?5.5 billion on Chrysler
DaimlerChrysler confirmed Monday that it would sell a controlling interest in its struggling Chrysler... [read more]
Banks
Manufacturers call on Bank to halt rate rises
The Bank of England should resist the temptation to raise interest rates again this week because inflation... [read more]
ShoreBank thrives despite early predictions
Opening a bank aimed at improving the quality of life in poor urban areas was supposed to be a grand... [read more]
Energy
UK oil output shortfall raises fears of dependence on Russia
The energy industry warned today that government targets of keeping Britain's oil and gas production... [read more]
BP in oilseed tree project
Company sets up a venture with biodiesel firm to increase planting of jatropha, a tree that produces... [read more]