Olympus shares slide further

Note: This section contains information in English only.
Source: BBC

Despite avoiding delisting from Tokyo Stock Exchange, Olympus, the scandal camera producer from Japan saw decline in share price. The stock price decreased by 20.8% today on investor fear about the low liquidity of the company. Olympus will consider closer cooperation with other companies to strengthen the financial position, said Shuichi Takayama, Olympus president.

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Thu, 15 Dec 2011 14:43:44 GMT

Unicredit will inject new capital in Italy's lending

UniCredit SpA, Italy-based banking organisation will use its EUR7.5 billion increase in capital, which is expected to be approved today, to provide funds for lending to country's businesses and private persons as well as to boost operations in East Europe, said Federico Ghizzoni, the bank's CEO. The funds will not be immediately transferred to East European countries as they are quite strongly financially positioned, he

Thu, 15 Dec 2011 15:01:54 GMT

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