DUBAI, Sept 21 - The first shareholder meeting of Dubai mortgage lender Amlak Finance in more than six years was postponed on Sunday after too few shareholders attended for it be recognised as valid.
DUBAI, Sept 21 - The first shareholder meeting of Dubai mortgage lender Amlak Finance in nearly six years was postponed on Sunday after not enough shareholders attended for it be recognised as valid.
(adds comment from spokesman, details on number of stores)
LONDON, Sept 21 - EE, Britain biggest mobile operator, is in talks to take over more than 60 stores from Phones 4U, which fell into administration on Monday, the Sunday Times reported, without citing sources.
SOCHI, Russia, Sept 20 - Russian Economy Minister Alexei Ulyukayev said on Saturday that bankruptcy was the most likely scenario for the over-indebted steelmaker Mechel .
(Adds council member comments, Syncora deal, details of authority)
LONDON, Sept 19 - Phones 4U's administrators PwC said Vodafone UK had agreed to take on 140 of its stores on Friday, saving 887 jobs, while a further 628 staff will be made redundant.
DETROIT, Sept 19 - The Detroit city council on Friday approved in a 7-2 vote the creation of a regional water authority, moving forward an integral part of the city's plan to exit the biggest-ever municipal bankruptcy.
DETROIT, Sept 19 - The Detroit City Council on Friday approved a deal with bond insurer Syncora Guarantee Inc that will end its objection to the city's plan to adjust its debt and exit the biggest-ever municipal bankruptcy.
ZURICH/LISBON, Sept 19 - Switzerland's financial regulator, FINMA, said on Friday it had initiated bankruptcy proceedings against Banque Privee Espirito Santo SA (BPES), part of the Portuguese Espirito Santo family's collapsed business empire.
- M&A: PRESS DIGEST-SUNDAY BRITISH BUSINESS - SEPT 21
- IPOs: SoftBank estimates $4.6 bln gain from Alibaba listing
- Private Capital: IPO values online furnishings retailer Wayfair at up to $2.32 bln
- Hedge Funds: Ex-Marble Bar manager readies Mako backed European hedge fund - sources
- Regulatory News: No quick fix in U.S. bid to end reliance on Russian rocket engines
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Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.
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