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BNP Paribas Dollar-Clearing Ban Said to Start in 2015
Full Story | 30th June 2014June 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 .
Monthly Archives: June 2014
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BNP Paribas Dollar-Clearing Ban Said to Start in 2015
Full Story | 30th June 2014June 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 .
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Dubai Stocks Extend Rout With Biggest Decline Since 2008
Full Story | 24th June 2014Dubai 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, .
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Dubai Stocks Extend Rout With Biggest Decline Since 2008
Full Story | 24th June 2014Dubai 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, .
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GE Clears Last French Hurdle to Clinch Alstom Deal
Full Story | 23rd June 2014General 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, .
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GE Clears Last French Hurdle to Clinch Alstom Deal
Full Story | 23rd June 2014General 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, .
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TSB Surges as Lloyds Sells Bigger-Than-Planned Stake
Full Story | 20th June 2014TSB 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 .
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TSB Surges as Lloyds Sells Bigger-Than-Planned Stake
Full Story | 20th June 2014TSB 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 .
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Sony CEO Apologizes as PS4 Maker Restructures for Growth
Full Story | 19th June 2014Sony 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 .
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Sony CEO Apologizes as PS4 Maker Restructures for Growth
Full Story | 19th June 2014Sony 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 .