Advisory Firms Seek To Weather Bleak M&A Market
During an investor conference last month, Scott Bok, the chief executive of Greenhill & Co. (GHL), put it bluntly: "There's no denying that we are in a very challenging business environment." Greenhill is one of the independent firms that are pure vendors of ideas and advice, selling corporate
Risk Of Global Food Price Inflation Grows On US Drought
The risk of another wave of global food price inflation is growing fast, Barclays PLC (BCS) said Wednesday, as U.S. grains and soybeans prices trade within touching distance of all-time highs, due to the nation's worst drought in 56 years, which is massively reducing harvest expectations.
Peregrine CEO's Hearing Postponed Until July 27
A preliminary hearing for the disgraced chief executive of Peregrine Financial Group Inc. has been postponed until late next week to give his public defender time to prepare, according to a court document filed Wednesday.
Peru Priests to Visit Minas Conga Lakes, Aim to Resolve Dispute
Two Catholic priests who are leading talks in a dispute over Newmont Mining Corp.'s (NEM) Minas Conga copper and gold project arrived in the northern region of Cajamarca Wednesday where they plan to visit the Alpine lakes that are at the center of the conflict.