BUDAPEST, July 4 (Reuters) - Hungarian oil and gas group MOL will have to streamline its operations and review investments due to the global crisis, MOL's Executive Chairman Zsolt Hernadi told daily Magyar Nemzet on Saturday. When asked if the global crisis had changed MOL group's medium-term strategic plans, Hernadi said: "First of every we will have to review our portfolio because opportunities ...

4 Jul 2009, 9:16 am | click here to view more

UK Financial Investments warns there will be no quick sale of RBS and Lloyds shares

The body which manages the taxpayer's stakes in British banks to warn against any expectations of a quick disposal of the shareholdings.

4 Jul 2009, 5:12 pm | click here to view more

UK Financial Investments warns there will be no quick sale of RBS and LLoyds shares

The body which manages the taxpayer's stakes in British banks to warn against any expectations of a quickfire disposal of the shareholdings.

4 Jul 2009, 4:13 pm | click here to view more

Tumas Investments bond issue over-subscribed

Tumas Investments said its €20 million bonds issue closed immediately after opening due to "substantial over-subscription" and it, therefore, exercised its over-allotment option of an additional €5 million. The bond issue matures between 2014-2016 and carries a coupon of 6.25 per cent per annum.

4 Jul 2009, 3:29 am | click here to view more

Tumas Investments bond issue over-subscribed

Tumas Investments plc announced that its issue for €20 million Bonds closed immediately after opening due to substantial over-subscription.

4 Jul 2009, 3:25 am | click here to view more

Tumas Investments bond issue over-subscribed

Tumas Investments plc announced that its Issue for €20 million Bonds closed immediately after opening due to substantial over-subscription. The company therefore exercised its over-allotment option of an additional €5 million, bringing the total bond issue to €25 million. Tumas Group Chairman, Mr George Fenech, expressed great satisfaction saying that this reflected the strong confidence [...]

4 Jul 2009, 3:23 am | click here to view more

China's overseas investments surge

BEIJING, July 3 (UPI) -- China, sitting on the world's largest foreign exchange reserves of about $2 trillion earned from burgeoning trade surpluses, has been on a spree to invest its money overseas while attracting inward foreign direct investments.

3 Jul 2009, 8:06 am | click here to view more

Ibram: Minas Gerais, Pará suffer most as nation's mining investments to fall to US$9bn in 2009 - Brazil

Minas Gerais state has seen its portfolio of mining investments drop from some US$17bn prior to the global economic slowdown to US$13bn through 2012, while those in Pará state have fallen to US$23bn from US$25bn, according to Brazilian mining institute Ibram president Paulo Camillo Penna.

3 Jul 2009, 4:05 pm | click here to view more

LAEP Investments Ltd - Material Fact - Cancellation of the Debentures

LAEP Investments Ltd. and Parmalat Brasil S/A Industria de Alimentos, Em Recuperacao Judicial , in compliance with the Brazilian Securities Exchange Commission 's Instruction No. 358, of January 3, 2002, LAEP Investments Ltd. and Parmalat Brasil S/A Industria de Alimentos, Em Recuperacao Judicial communicate to the investors and other participants of the capital market, in complementation of the ...

3 Jul 2009, 11:18 am | click here to view more

JOHOR ASSEMBLY: Bio-Desaru draws RM236m investments

THE Bio-Desaru bio-agricultural project in Tanjung Balau, Kota Tinggi is set to move forward with RM236 million in investments from seven companies.

3 Jul 2009, 10:01 pm | click here to view more