Media Room

Workspace and BlackRock in joint venture

Thu, 24 Feb 2011 03:27:32 GMT

The two companies will commit up to £100m of equity into the BlackRock Workspace Property Trust that will invest in high-yielding freehold properties in and around London

Russian oligarchs head for UK court

Wed, 23 Feb 2011 18:51:09 GMT

A high-profile legal battle pitting Roman Abramovich against fellow Russian oligarch Boris Berezovsky can go ahead in October after a British court refused to strike out the lawsuit

KKR boosted by recovering equity markets

Wed, 23 Feb 2011 14:50:01 GMT

Buy-out firm KKR reported a 39 percent gain in earnings for its fourth quarter to $714.6m, helped in part by strong stock and credit markets

Goldman sees danger in US budget cuts

Wed, 23 Feb 2011 18:08:40 GMT

The Republican plan to slash government spending by $61bn in 2011 could reduce US economic growth by 1.5 to 2 percentage points in the second and third quarters of the year, a Goldman Sachs economist has warned