| Overture Acquisition Corp. Announces Termination of Master Agreement (Business Wire) GRAND CAYMAN, Cayman Islands----Overture Acquisition Corp. today announced that the proposed business combination will not occur. While a majority of the shareholders approved the business combination, the percentage of no votes exceeded the 30% threshold amount set froth in the Companyâs amended and restated memorandum and articles of association and therefore the required approval was not obtained, despite the support of the Companyâs warrantholders. us.rd.yahoo.com |
Goldman Sachs economist sees China revaluing yuan (Reuters) China could be about to allow its currency to strengthen by as much as 5 percent to slow down the country's fast-growing economy, Goldman Sachs' chief economist was quoted as saying on Sunday. us.rd.yahoo.com |
CME in move on iron ore swaps (at Financial Times) CME Group , the world's largest derivatives exchange, has announced the launch of trading and clearing services for iron ore swaps, in a further sign of the rapid shift from traditional annual negotiations to spot pricing. us.rd.yahoo.com |
Concerns over double-dip are misplaced (at Financial Times) Markets are worried that a double-dip recession could wipe out the gains of the past year - but these concerns look misplaced, says Manoj Pradhan, Morgan Stanley MWD economist. us.rd.yahoo.com |
Navios Maritime Acquisition Corporation Reports Financial Results for the Three and Six Months Ended June 30, 2010 (PR Newswire) Navios Maritime Acquisition Corporation , an owner and operator of tanker vessels, today reported its financial results for the three and six months ended June 30, 2010. us.rd.yahoo.com |