Monthly Archives:  June 2014

• 

• BNP Paribas Dollar-Clearing Ban Said to Start in 2015

  Full Story | 30th June 2014
  June 30 (Bloomberg) -- BNP Paribas SA won a reprieve during final talks to settle a criminal probe into U.S. sanctions violations, giving the bank six months to prepare for a ban on handling certain .

• 

• BNP Paribas Dollar-Clearing Ban Said to Start in 2015

  Full Story | 30th June 2014
  June 30 (Bloomberg) -- BNP Paribas SA won a reprieve during final talks to settle a criminal probe into U.S. sanctions violations, giving the bank six months to prepare for a ban on handling certain .

• 

• Dubai Stocks Extend Rout With Biggest Decline Since 2008

  Full Story | 24th June 2014
  Dubai stocks tumbled as turmoil at the United Arab Emirates’ largest-listed builder, Arabtec Holding Co. (ARTC), prompted the biggest selloff in almost six years.The DFM General Index fell 8 percent, the most since October 2008, .

• 

• Dubai Stocks Extend Rout With Biggest Decline Since 2008

  Full Story | 24th June 2014
  Dubai stocks tumbled as turmoil at the United Arab Emirates’ largest-listed builder, Arabtec Holding Co. (ARTC), prompted the biggest selloff in almost six years.The DFM General Index fell 8 percent, the most since October 2008, .

• 

• GE Clears Last French Hurdle to Clinch Alstom Deal

  Full Story | 23rd June 2014
  General Electric Co. (GE) clinched its biggest acquisition ever, the $17 billion purchase of Alstom SA (ALO)’s energy assets, after the resolution of the French government’s last condition for the deal.Chief Executive Officer Jeffrey Immelt, .

• 

• GE Clears Last French Hurdle to Clinch Alstom Deal

  Full Story | 23rd June 2014
  General Electric Co. (GE) clinched its biggest acquisition ever, the $17 billion purchase of Alstom SA (ALO)’s energy assets, after the resolution of the French government’s last condition for the deal.Chief Executive Officer Jeffrey Immelt, .

• 

• TSB Surges as Lloyds Sells Bigger-Than-Planned Stake

  Full Story | 20th June 2014
  TSB Banking Group Plc surged as much as 13 percent in its first day of trading as Lloyds Banking Group Plc (LLOY) sold a 35 percent stake in the lender, more than initially planned, in .

• 

• TSB Surges as Lloyds Sells Bigger-Than-Planned Stake

  Full Story | 20th June 2014
  TSB Banking Group Plc surged as much as 13 percent in its first day of trading as Lloyds Banking Group Plc (LLOY) sold a 35 percent stake in the lender, more than initially planned, in .

• 

• Sony CEO Apologizes as PS4 Maker Restructures for Growth

  Full Story | 19th June 2014
  Sony Corp. Chief Executive Officer Kazuo Hirai apologized to investors after the company forecast a sixth loss in seven years, and he pledged that his restructuring efforts would fuel the electronics maker’s long-term growth.“Sorry that .

• 

• Sony CEO Apologizes as PS4 Maker Restructures for Growth

  Full Story | 19th June 2014
  Sony Corp. Chief Executive Officer Kazuo Hirai apologized to investors after the company forecast a sixth loss in seven years, and he pledged that his restructuring efforts would fuel the electronics maker’s long-term growth.“Sorry that .