06/15/2012

Macquarie Private Wealth Reports on Uranium Market

Over the course of a year, a one million kilowatts (1,000 MWe) coal-fired power station consumes about 3.2 million tonnes of black coal; to produce the same amount of power, a nuclear power plant consumes only about 24 metric tonnes of uranium.

06/14/2012

Co-operative and Standard Life vote against WPP pay

The level of discontent over the pay packages of chief executive Sir Martin and fellow directors is such that “the working assumption” is that a substantial proportion of the shareholder vote could go against WPP’s remuneration report, a

06/08/2012

Investcorp seeks $500 mln-plus refinancing - sources

The firm has done some high-profile deals in the past, including flotations of luxury brands Gucci and Tiffany & Co, but like other private equity houses in the region has been hit by unfavourable global market conditions.

06/08/2012

Qatar's QIIB mulls sale of Islamic Bank of Britain

IBB confirmed it had received an approach by QIIB, which currently owns a controlling 88.41-percent stake, to take over the remaining shares with a view to a possible sale as it considers the strategic future of the UK bank.

06/06/2012

Gold's tarnished safe haven status gets a polish

The dollar, US Treasuries and German Bunds have been the safe havens of choice in recent months, while gold has moved in tandem with riskier assets that are under increasing pressure from the euro zone crisis.