We have always maintained that what will get exports of Chinese cars in high gear is not Chinese cars, but foreign cars. Foreign cars, made by joint ventures in China. Nevertheless, I admit my high surprise to read, from China Daily to Chinacartimes, that BMW will export Made in China cars. And not their bread and...
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Tag Archives: public listings
AMP Capital opens office in the GCC
AMP Capital, one of Australia’s leading specialist investment managers, today officially opened its new office in Manama, Bahrain under the patronage of H.E. Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain. This follows AMP Capital being awarded a representative office license by the Central Bank of Bahrain earlier this year. AMP...
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Virgin Money eyes early float after Northern Rock takeover
THE new high street bank formed by Virgin Money’s £747m takeover of Northern Rock could list on the stock market within two years, according to reports. The flotation of the bank would reportedly release a payment of between £50m and £80m to the Government and deliver lucrative rewards for Sir...
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Move, Inc. Announces Third Quarter 2011 Financial Results
Move, Inc. (NASDAQ: MOVE), the leader in online real estate, today reported financial results for the third quarter ended September 30, 2011. Revenue in the third quarter of 2011 was $46.5 million, compared to $50.3 million in the third quarter of 2010. Net income applicable to common stockholders was $242,000,...
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Russian metals groups apply for London listing
THREE Russian metals and mining companies are seeking listings on the London Stock Exchange that could skew the UK market’s FTSE-100 blue-chip index further towards emerging markets and resource companies. Of the three potential entries to the Footsie, Russian steelmaker Evraz is getting the most attention as it is part-owned...
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