Thursday, May 31, 2012

Bain to seek $6 billion for new buyout fund: sources

NEW YORK (Reuters) - Bain Capital LLC aims to raise $6 billion for its new global private equity fund and will offer three options on fees it charges to manage the money, according to people familiar with the matter.

Wednesday, May 30, 2012

Greek Euro Exit Aftershocks Risk Reaching China

Greece, responsible for 0.4 percent of the world economy, now poses a threat to international prosperity as investors raise bets its days using the euro are numbered.

Sunday, May 27, 2012

China's WTO suit hits back at US import duties

GENEVA: China launched a complaint at the World Trade Organization on Friday against US import duties on 22 Chinese products that the United States says are unfairly priced or subsidised, including solar panels, wind towers and steel products.

Saturday, May 26, 2012

Stocks, euro slip as Spain dims sentiment

NEW YORK (Reuters) - Global stocks and the euro eased on Friday after the Spanish economic dynamo of Catalonia said it needed help to refinance its debt, adding to financial troubles in Spain, which is already weighed down by a capital-constrained banking sector.

Friday, May 25, 2012

UPDATE 1-China's CIC eyes up to $2 bln stake in Alibaba Grp - sources

HONG KONG, May 24 (Reuters) - Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc.