Exclusive talks for Etisalat to buy Vivendi’s 53 percent stake in Maroc Telecom have been extended to October 31, the United Arab Emirates’ former telecom monopoly said on Sunday. Vivendi in July entered into exclusive negotiations with Etisalat – the UAE’s No.1 telecom operator – to sell its majority holding […]
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Post-U.S QE Market Review How soothing is the relief?
Before last week’s FOMC meeting Financial markets across the globe, particularly the emerging market counterparts were thrown off-balance between June and mid-September after the U.S Fed signalled in its FOMC meeting that it will scale back on the US$85 billion monthly bond purchases contingent upon positive economic data. Following the […]
Former IMF chief Strauss-Kahn to take up new job as head of Luxembourg-based investment bank
The head of a Luxembourg-based investment bank says Dominique Strauss-Kahn will soon take a new job as his company’s president  the latest step by the disgraced former IMF chief to rebuild his reputation. Chairman Thierry Leyne of Anatevka says Strauss-Kahn will become president on Oct. 18 and the company […]
