TNT sells road lines to Indian investment company

Source: Marketwatch

TNT Express NV announced it is going to sell its Indian road operations to India Equity Partners in order to concentrate on the international business. The sale is scheduled on 30 December and it follows TNT judicious revision of the India's road business' prospects in the TNT Express portfolio.

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Mon, 12 Dec 2011 08:11:34 GMT

Grain futures tumbled

Grain futures in the US declined essentially amid wheat and soybean prices falling to the number of months low following the US Department of Agriculture report on the record high production level of the grain commodities and lower US soybean exports forecast. On the Chicago Mercantile Exchange corn futures for delivery in March were traded at USD5.9338 per bushel on Friday, losing 1.47% over the

Mon, 12 Dec 2011 08:45:55 GMT

World-wide debt sales reach 6-year low on debt crisis

The Eurozone's debt turmoil has affected negatively the global financial markets, increasing borrowing costs and pushing down debt issuance. Gross debt release in overseas markets declined to $1.66 trillion during July-September period, the record low since 2005. The drop in debt issuance was mainly caused by buyers' demand for higher compensation for risk. 

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