Friday, November 30, 2012

Warren Buffett: Fiscal cliff talks could miss deadline

Billionaire investor Warren Buffett believes the US fiscal cliff may be solved by January rather than December. Congress has until 31 December to cut a deal to stop existing economic stimulus measures terminating and huge automatic spending cuts coming into effect.

Thursday, November 29, 2012

Citic Capital Said in Advanced Talks to Acquire AsiaInfo

Citic Capital Holdings Ltd., controlled by the sovereign wealth funds of Qatar and China, is in advanced talks to buy Chinese software services provider AsiaInfo-Linkage Inc. (ASIA) for about $900 million, two people with knowledge of the matter said.

Wednesday, November 28, 2012

Olam: Muddy Waters questions accounting practices

Muddy Waters Research has released a report it says will back up claims that agricultural commodities trader Olam International "will collapse".

Tuesday, November 27, 2012

Qatar Holding Sells Barclays Warrants Worth $1.2 Billion

LONDON – The sovereign wealth fund Qatar Holding said on Monday that it had sold its remaining warrants in Barclays in a deal that has led to a $1.2 billion share sale in the British bank.

Monday, November 26, 2012

'Fiscal cliff' talks stalled for now, but progress possible

WASHINGTON: US lawmakers have made little progress in the last 10 days toward a compromise to avoid the harsh tax increases and government spending cuts scheduled for Jan. 1, a senior Democratic senator said on Sunday.