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American pension fund TIAA leases 1.25 lakh sq ft in Brookfield’s tower in Mumbai’s PowaiThe commercial building is a special economic zone (SEZ) which came into Brookfield's commercial portfolio following the Canada-based inves...- Pimco, others sue Citigroup over billions in mortgage debt lossesCitigroup reportedly breached its duties as trustee for the 25 private-label trusts dating from 2004 to 2007 by ignoring deficiencies in ho...
- Are high-frequency traders really such villains?The most commonly cited statistics suggest that high-frequency traders are making, at most, a few billion dollars a year in the stock marke...
- Bill Gates is in trouble over his onions in GeorgiaThe farm was disciplined in June for a lesser violation and paid no fine, although it lost onions valued at more than $100,000.
- Green bonds sale triples to $35 billion worldwide in 2014 as finance bids to help climateWhile the sale of notes termed green bonds tripled to $35 billion worldwide in 2014, many are bonds that might have been sold anyway withou...
- US-based retirement fund hikes stake in Den Networks to 6%The US-based College Retirement Equities Fund has raised its holding in cable distribution firm Den Networks to about 6% in a deal estimate...
- US fund house exits ONGC over Sudan investmentsUS fund house TIAA-CREF has exited Oil and Natural Gas Corp (ONGC) and other Chinese energy firms over their investments in war-torn Sudan,...
- Bernanke takes hit on investmentsThe top US financial official saw his net worth fall by more than a quarter in 2008, to between $850,000 and $1.9 million. Financial crisis...
- Shareholders eject Ken Lewis from BankAm chairmanshipBank of America Corp, the biggest US bank by assets, picked a 16-year board veteran and academic as chairman after shareholders chased Kenn...
- Buffett, Google's Schmidt in Obama's adviser teamUS President-elect Barack Obama has appointed a 17-member high-level team of advisers including billionaire investor Warren Buffett and Goo...
- Rethinking VedantaShareholder activism forced Vedanta to call off its restructuring proposal.
- New mortgage giant CEOs face tough challengesThe two men tapped to lead Fannie Mae and Freddie Mac through a period of unprecedented difficulty bring a wealth of experience and reputat...
- US government takes on big role in mortgage marketBush administration is seizing troubled mortgage giants Fannie Mae and Freddie Mac in a bid to help reverse a prolonged credit crisis. Mana...
- China, Japan hail Freddie, Fannie takeover by US govtChina and Japan, the biggest buyers of Freddie Mac and Fannie Mae bonds, praised Washington for its rescue of the mortgage giants.
- US takes over embattled Fannie Mae, Freddie MacThe US government will take control of Fannie Mae and Freddie Mac after the biggest surge in mortgage defaults in at least three decades th...
- Rise of Indian-American executives track the increasing power of Indian businessesThe rise of Vikram Pandit recently named CEO of Citigroup follows by many years the advances of Indian business consultants. Global CEOs of...
- General Motors likely to face Kerkorian-led proxy fightGeneral Motors may face a proxy fight aimed at electing a new board after the resignation of a director who criticised the company’s reject...
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