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Reuters Business News
Shanghai plans own "Wall Street bull": report
BEIJING (Reuters) - Wall Street may be down on its luck, but China's growing business hub, Shanghai, plans to install its own version of the Street's famed charging bull statue, casting in metal its hopes to eventually rival New York.About 10 firms submit bids for AIG Taiwan unit: reports
TAIPEI (Reuters) - About 10 global and Taiwan financial firms have submitted bids to buy troubled AIG's Taiwanese insurance unit, newspapers said on Saturday, in a deal that could fetch up to over $2 billion.Teck to sell 17 percent stake to China for C$1.74 billion
TORONTO (Reuters) - Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.Groups
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Private Equity And Venture Capital | Notes About Business
An average of 5000 companies funds their operations through the use of any private equity investment.Investment Firm Sues MBIA Units
Third Avenue Management has sued MBIA unitsFord Cuts Debt By 99B Via Tender Offers
In a move that would add pressure on rival General Motors Corp to seal a deal with its creditors Ford Motor Co said a refinancing would slash 99 billion from its debtCobham Buys Argotek For 3625M
UKs Cobham is buying Argotek a privatelyowned provider of highend information services to the US intelligence community for 3625 millionCuomo Accuses Merkin In Madoff Fraud
Hedge fund manager Ezra Merkin has been charged for channeling over 24 billion to Bernard Madoffs Ponzi scheme in exchange for profitable feesHeadlines from the WSJ Newsfeed
Flipping Sides
The number of former mortgage lenders and brokers finding ways to make a living from the foreclosure crisis continues to mount.Bumpy Recovery in the U.K.
Industry experts say the United Kingdom's commercial-property market is starting to recover, but property companies are facing declining rents.REITs Book a Blockbuster Quarter
Real-estate-investment trusts staged the best performance in their history during the second quarter on growing perceptions that most REITs are out of immediate danger.News Blog
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