ZF English
Old Mutual expands in US with $1.46bn UAM purchase
Old Mutual, the London-listed fund manager, yesterday said that it is buying Boston-based fund group United Asset Management (UAM) for 1.46 billion dollars, tripling South Africa-based Old M...
Inflation control: a management issue
The biggest problem of the post-1990 era, inflation, so far has been almost impossible to deal with. Time and again, year after year, cabinets have been announcing ever lower inflation predi...
In the locals, people voted for persons, not for parties
PDSR (Party of Social Democracy) got the highest number of mayor mandates at a national level (32.82 percent), after the second round, but lost the position of Bucharest mayor, which was won...
Unicom set to raise $5.6billion in IPO
China Unicom, China's second largest telecommunications operator, on Friday priced its initial public offering close to the top end of its range, reflecting strong demand for a share that of...
The SIF mutant kicking its legs
Financial Investment Companies (SIFs), this undesirable mutant of Romanian politics - because they have absolutely nothing to do with economics - have succeeded, with priceless help from our...
The clean hands law, ten years on
Ten years after the socialist system imploded, the treatment applied to former collaborators of totalitarian regimes remains a pending issue. On the other hand, "it is never too late to find...
Bucharest mayor to be elected only by 15% of inhabitants
The voting margin between the two candidates for Bucharest City Hall, Sorin Oprescu - PDSR and Traian Basescu - PD, was extremely narrow at the edition's close, according to preliminary eval...
Competition Council to cancel Petrotub Roman privatisation
The State Ownership Fund will have to annul the privatisation contract of Petrotub Roman, after the Competition Council (CC) negatively rated the acquisition by the British company Tubman In...
BNP-Dresdner has 10 days to make up its mind
French-German banking group BNP-Dresdner will have to decide by June 30 to whom it will sell its business in Romania, after announcing plans to give up operations here, because the bank's sp...