NEW YORK (Reuters) - Private equity firm Kohlberg Kravis Roberts plans to list on the New York Stock Exchange later this year in a complicated transaction that involves merging with its publicly listed Amsterdam investment fund, two sources familiar with the matter said on Sunday.
When two men were found shot to death inside the office of a Wakefield concrete company, investigators initially looked for problems at the small, family-run business.
WASHINGTON (Reuters) - U.S. regulators took over two banks on Friday and sold them to Mutual of Omaha Bank, the sixth and seventh bank failures this year as financial institutions struggle with a housing bust and credit crunch.
The economic slowdown in Britain gathered pace in the second quarter of the year, with GDP growth of just 0.2 percent as the impact of the global credit crunch on the housing market and consumer spending deepened.
DETROIT (Reuters) - Ford Motor Co posted a record $8.7 billion quarterly loss on Thursday as it wrote down the value of slumping truck and SUV operations and revamped plans in a bid to break its reliance on the gas-guzzlers that have been its franchise vehicles for a decade.
Jul 25 - An attack on the Russian company Mechel's pricing policy by Prime Minister Vladimir Putin erased almost a third of its value early on Friday (25 July).
The chief executive of BP's Russian arm says a campaign of harassment has forced him to quit the country amid an increasingly bitter fight for control of the firm.
REDMOND, Washington (Reuters) - Chief Executive Steve Ballmer on Thursday defended Microsoft Corp's need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing Yahoo Inc.