GE, Abu Dhabi investment co. agree to partnership (AP via Yahoo! News)
GE, Abu Dhabi investment co. agree to partnership (AP via Yahoo! News)
General Electric and an Abu Dhabi government-owned investment company have agreed to a global partnership that includes a commercial finance, research for clean energy and water and plans to expand GE’s aircraft engine service and repair in the Middle East.
Australia’s largest investment bank profit falls amid global credit squeeze (GMA News)
MELBOURNE, Australia - Macquarie Group Ltd., Australia"s largest investment bank, said Wednesday its first-quarter profit slid as deal activity slowed and equity trading volumes decreased amid a global liquidity squeeze.
Maliki appeals to Germany to increase investment in Iraq (International Herald Tribune)
Eager to attract technological know-how and investment, Prime Minister Nuri Kamal al-Maliki of Iraq urged German industry to put aside reservations about security and help modernize Iraq’s energy infrastructure.
Iraqi prime minister seeks German investment (AP via Yahoo! News)
Iraq’s prime minister said Tuesday that improved security means his country is now ready to welcome foreign firms, using a trip to Germany to encourage investment from Europe’s biggest economy.
GE, Abu Dhabi investment co. form ventures (AP via Yahoo! News)
General Electric Co. has agreed to a joint venture with an Abu Dhabi government investment company that will pump $4 billion of outside capital into its weakened commercial finance business, part of new global partnership to expand on GE’s fast-growing sales in the Middle East.
Iraqi PM tries to lure foreign investment on European trip (Winston-Salem Journal)
Iraq’s prime minister said yesterday that improved security means that his country is now ready to welcome foreign companies, using a trip to Germany to encourage investment from Europe’s biggest economy.
Investment Banking Leader at Citigroup Is Leaving (New York Times)
Citigroup?s investment banking chairman, Michael Klein, will leave the bank, extending a management shake-up after Vikram S. Pandit?s appointment as chief executive in December.
GE, Abu Dhabi Form $8 Billion Mideast Investment Fund (Update2) (Bloomberg.com)
July 22 (Bloomberg) — General Electric Co. and Mubadala Development Co. formed an $8 billion venture to invest in emerging markets in the Middle East and Africa, and the Abu Dhabi investment company said it intends to become one of GE’s largest shareholders.