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Bank shares rally, oil hits eight-week high
March 10, 2010
NEW YORK (Reuters) - Financial firms led U.S.
BP bidding on a package of Devon’s assets: sources
March 10, 2010
NEW YORK/LONDON (Reuters) - BP Plc is bidding on a package of Devon Energy Inc assets that the U.S. energy company put up for sale late last year, according to sources familiar with the matter
Administration Nears a Crossroads on Trade
March 10, 2010
The question is whether the U.S. is prepared to lead or whether protectionist pressures will make it impossible to engage fully with trading partners.
Bank shares rally, oil hits eight-week high
March 10, 2010
NEW YORK (Reuters) - Financial firms led U.S. and European stock markets higher on Wednesday, with U.S. bank shares hitting a 16-month peak, while gyrating crude oil prices ended the day at an eight-week high.
Administration Nears a Crossroads on Trade
March 10, 2010
The question is whether the U.S. is prepared to lead or whether protectionist pressures will make it impossible to engage fully with trading partners.
Administration Nears a Crossroads on Trade
March 10, 2010
Talks over BA cabin crew strike break down
March 10, 2010
LONDON (Reuters) - Talks between British Airways and labour unions aimed at averting a strike by the airline’s cabin crew have broken down, the Trades Union Congress said on Wednesday.
Greece says EU could intervene
March 10, 2010
WASHINGTON/BRUSSELS (Reuters) - Greek Prime Minister George Papandreou said on Wednesday the EU stood ready to intervene if speculation against his country’s debt continued and euro zone sources said finance ministers would discuss next week a mechanism to support Greece.
Watchdogs broaden study of new bank rules
March 10, 2010
LONDON (Reuters) - Global regulators have set up an extra body to assess how new bank capital requirements will affect the economy after industry criticism that introducing tougher rules too soon could stall recovery.
Ex-Cazenove partner guilty of insider dealing
March 10, 2010
LONDON (Reuters) - A former partner at blue-blood stockbroker Cazenove was found guilty of insider dealing on Wednesday, after making over 100,000 pounds on a series of takeover deals over two years.
Investec to join FTSE 100
March 10, 2010
LONDON (Reuters) - South Africa-based investment bank Investec will replace insurance-focussed takeover vehicle Resolution in the FTSE 100 index, FTSE Group confirmed on Wednesday, following the latest index review.
Banks face costly refinancing
March 10, 2010
LONDON (Reuters) - Big domestic banks need to raise as much as 750 billion pounds in the next three years to support balance sheets and liquidity as the government prepares to wind down support for the sector, analysts said.
Lawsuits, poker and the death of a boutique bank
March 10, 2010
NEW YORK (Reuters) - In September 2008, as Lehman Brothers was breaking into a million pieces, a young investment bank was pushing up through the rubble.
UK ready to compromise on hedge funds
March 10, 2010
BRUSSELS/LONDON (Reuters) - Britain is preparing concessions to Germany and France that will pave the way for European finance ministers to agree draft rules on hedge funds as soon as next week, sources with knowledge of the matter said.
Dubai creditors to get multiple options
March 10, 2010
DUBAI/LONDON (Reuters) - Lenders to Dubai World will get a range of options including full repayment once Abu Dhabi decides how much additional support it will provide its debt-strapped neighbour, sources close to the discussions said.
FSA says firms still vulnerable
March 10, 2010
LONDON (Reuters) - The financial crisis has subsided but recovery is only gradual and vulnerabilities built up in past years remain, the financial watchdog said on Wednesday.
NYT, WTO, test, trade »
Administration Nears a Crossroads on Trade
March 10, 2010
The question is whether the U.S. is prepared to lead or whether protectionist pressures will make it impossible to engage fully with trading partners.
NYT, WTO, test, trade »
Administration Nears a Crossroads on Trade
March 10, 2010
The question is whether the U.S. is prepared to lead or whether protectionist pressures will make it impossible to engage fully with trading partners.