Dec 15- The trustee handling the liquidation of the brokerage unit of Lehman Brothers Holdings Inc filed a petition with the U.S. Supreme Court on Monday seeking review of the business's cash assets awarded to Barclays Plc. Trustee James Giddens, who has been seeking to recoup money for the brokerage's creditors, said lower court rulings granting margin assets...» Read More
Australia's no.3 iron ore miner, Fortescue Metals Group, is in talks to sell a minority stake in its multi-billion dollar port and rail assets as it looks to cut debt and build new mines in a world of weaker iron ore prices.
Jeffrey Schwartz, Deputy Chairman, Global Logistic Properties says increased revenues in China and Japan as well international expansion plans have amounted to a profitable quarter.
Does being a mother of nine, overseeing investments of over 47 billion pounds, and advocating to get more women in boardrooms at the same time sound implausible?
Two of the best-known business dynasties in Europe and the US will come together after Lord Jacob Rothschild’s listed investment trust and Rockefeller Financial Services agreed to form a strategic partnership, the FT reports.
The risk of a double-dip recession in the U.S. has subsided, but investors should not grow complacent, says John Hailer, Natixis Global Asset Mgmt. president/CEO.