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The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk.
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WASHINGTON, May 18- Cybersecurity professionals know a myriad of ways hackers can try to wreak havoc on critical infrastructure or infiltrate corporations to steal or spy, but it is the fear of the unknown that some say keeps them up at night.
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LONDON, May 17- The coveted investment grade rating has arrived in Turkey and foreign capital may follow- possibly a lot of it. An investment grade rating, which Moody's gave Turkey on Thursday, potentially opens Turkey to more conservative funds. "This could bring a whole new investor base to Turkey," says Tim Ash, head of emerging markets research at Standard Bank.
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LONDON, May 17- The coveted investment grade rating has arrived in Turkey and foreign capital may follow- possibly a lot of it. An investment grade rating, which Moody's gave Turkey on Thursday, potentially opens Turkey to more conservative funds. "This could bring a whole new investor base to Turkey," says Tim Ash, head of emerging markets research at Standard Bank.
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LONDON, May 17- Oil slipped on Friday, staying below $104 a barrel on concern about the strength of demand growth and as policymaker talk of the future removal of U.S. monetary stimulus boosted the dollar. Brent crude slipped 5 cents to $103.73 a barrel by 0825 GMT, and was on course to end the week little changed.
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BRUSSELS, May 16- The giant South Stream pipeline to transport natural gas from Russia to the European Union is a reality and is on schedule to be built by the end of 2015, the chief executive of the offshore section of the line said on Wednesday, rebutting widespread doubts that it will ever be built.
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*Russia says Iran must take part in proposed Syria talks. SINGAPORE, May 17- Brent futures slipped on Friday, staying below $104 as bleak U.S. economic data revived worries about demand growth in the world's biggest oil consumer, while a stronger dollar also pressured prices. Brent slipped 5 cents to $103.73 a barrel by 0552 GMT.
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WASHINGTON, May 16- Nobody is safe in the digital world and even the smartest minds in the cybersecurity world constantly struggle to fend off hackers in their personal lives.
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Wheat fell on technical selling and seasonal pressure as the U.S. harvest neared, with the Chicago Board of Trade July contract hitting a six-week low.
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SAN JOSE, Calif., May 16- One of the most urgent questions in economics today is the connection between inequality and growth. That is because one of the big economic facts of our time is the surge in income disparity, particularly between those at the very top and everyone else.
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Wheat fell on technical selling and seasonal pressure as the U.S. harvest neared, with the Chicago Board of Trade July contract hitting a six-week low.
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*French bank's Russia strategy questioned. MOSCOW, May 16- The head of Societe Generale's Russian unit Rosbank was charged with bribery on Thursday after investigators released a film of him with cash piled on his office desk in what several bankers said may have been a set up.
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With a talking-point imbroglio after Benghazi, the IRS's discriminatory practices and the Justice Department's procurement of Associated Press phone records, the Obama administration and its allies are right to be worried. The past few years have proved that dysfunction in Washington has almost no effect on America's attractiveness to investors.
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*Cyprus gas could provide 40 pct of new EU needs. BRUSSELS/ NICOSIA, May 16- Cyprus could use its reserves of gas to meet up to 40 percent of Europe's additional gas needs over the next decade, helping to curb the European Union's reliance on Russia, the head of the island's national gas firm said.
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The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk.
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"You want to be in sectors that sell to the people who benefit from wage inflation: consumers," said John Lomax, head of emerging equity strategy at HSBC. Russian supermarket chain Magnit saw profits jump 28 percent in the first quarter and its shares have returned 190 percent since April 2010, according to Morgan Stanley.
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MOSCOW, May 16- The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk in what several bankers said may have been a set up.
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LONDON, May 16- A wave of investor demand that has allowed Deutsche Bank and two other lenders to raise six billion euros in new share capital in the past month is unlikely to prompt other European banks to go to their shareholders for more cash.
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In testimony to parliament on the F-35, for which Australia is one of the largest international buyers with plans for up to 100, Australia's air force chief Air Marshal Geoff Brown said rivals were years behind the Lightning II's development.
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Russia is set for 10 years of anemic growth, according to economists, who said the slowdown is predominantly due to low investment and structural factors.
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"We take a long-term view that demand for potash will resume," EuroChem CFO Andrey Ilyin said on the sidelines of the BMO Farm to Market conference in New York, after giving a presentation. "