"I am sympathetic to the concerns that they faced. Having said all that, yes, I think they made a mistake," Obama said of Sony's decision.» Read More
EADS boss Tom Enders has been accused of being "naive" for misunderstanding the nature of Berlin's political structure and failing to approach Germany directly over the group's proposed merger with BAE Systems.
Financial Times Headlines BUMI SHARES LEAP AS BAKRIES PROPOSE SPLIT- CLARKE GETS ROLE AS TRADE' ROCKET BOOSTER'- GEITHNER HAS PHONE FRIEND AT BLACKROCK- AZERBAIJAN ATTACKS BP FOR MISSING TARGETS- COCA-COLA HELLENIC TO QUIT GREECE- SOFTBANK IN TALKS TO TAKE CONTROL OF SPRINT- SCHAUBLE AND LAGARDE CLASH OVER AUSTERITY- OIL GROUPS SET TO EXPORT US CRUDE- UK URGED TO LEARN CANADA BORROWING LESSONS- Overview BUMI SHARES LEAP AS BAKRIES PROPOSE SPLIT.
Argentina's government said the ruling violates international norms as well as rulings by judges in the U.S., Germany and France that found Argentine military vessels immune from the seizures.
*Bakries propose $1.3 billion deal to buy back assets* Propose unwinding of Bumi Plc* Bumi shares soar over 40 pct after split proposed* Rothschild sees "challenges" even after Bakrie exit By Janeman Latul and Clara Ferreira-Marques.
Oil prices rose Thursday as tension between Turkey and Syria raised concerns that crude oil supplies from the Middle East could be disrupted. On the New York Mercantile Exchange:. Benchmark crude rose 82 cents to finish at $92.07 per barrel.
Huawei is well established in Britain, and it has a partnership with the country's largest telecoms operator, BT Group PLC, to upgrade networks that stretches back to 2005..
*Propose unwinding of Bumi Plc. SINGAPORE/ LONDON, Oct 11- Indonesia's powerful Bakrie family has proposed splitting from financier Nat Rothschild and Bumi Plc, the London- listed miner they co-founded two years ago, after news of an inquiry into possible wrongdoing strained their already tense relations.
*Greece's biggest company CCH quits for Switzerland. that it was switching its primary listing from Athens to London and moving its corporate base to stable, low-tax Switzerland is a bitter blow to the debt-crippled nation.
NEW YORK-- A published report says federal authorities are using taped phone conversations to build criminal cases connected to the $6 billion trading loss announced by JPMorgan Chase earlier this year. The New York Times reports investigators are focusing on four people who worked for the London team responsible for the loss.
CALGARY, Alberta, Oct 11- A Canadian government review of the $15.1 billion Chinese bid for Nexen Inc will take security concerns into consideration in addition to a broader economic analysis of the transaction, Public Safety Minister Vic Toews said on Thursday.
*Deputy PM backs move after meeting Bono. Oct 11- Britain will support tough legislation for energy, mining and forestry companies to declare payments made to governments for extracting natural resources- strengthening prospects Europe will adopt rules at least as rigorous as those in the United States. A day earlier France also signaled it favors tough rules.
LONDON, Oct 11- Safeland PLC:. *Statement re discovery of losses. *Discovered that it has been the victim of a series of fraudulent transactions.
*Plans to maintain plants in Greece but most activity abroad. ATHENS, Oct 11- Greece's biggest company, Coca Cola Hellenic, is leaving the country, the drinks bottler said on Thursday as its move to Switzerland and a London listing for its shares dealt a blow to the crippled Greek economy.
LONDON, Oct 11- Europe's top trading firms warned that plans for a transaction tax in the region will burden pension funds with higher charges because traders will shift the extra costs to their clients.
LONDON, Oct 11- West African crude oil differentials held steady on Thursday, supported by several outstanding Asian tenders, which traders said could absorb up to four cargoes from the region. *Around 15 cargoes of Nigerian crude oil remained unsold for lifting in November, including Qua Iboe, Bonny Light, Bonga, and Forcados.
By Catherine Bosley and Steve Slater. ZURICH/ LONDON, Oct 11- Nationally important banks will need to hold extra capital from 2016 to cushion the impact on their domestic economies if they hit trouble, but the global banking watchdog will leave it up to national regulators to say how much more.
--We believe that Germany- based retailer Metro AG's. profitability will continue to weaken as indicated by the company's 2012 EBIT revision to EUR2 billion from almost EUR2.4 billion. Rating Action On Oct. 11, 2012, Standard& Poor's Ratings Services revised its long-term corporate credit rating on German retailer Metro AG to' BBB-' from' BBB'.
PARIS-- A bumper season for the French national dish of Coquilles St. Jacques has turned into a bitter dispute in the English Channel, as French fishermen angry over British expansion into their waters surrounded British boats in a show of maritime force.
BAKU/ LONDON, Oct 11- Azerbaijan accused BP on Wednesday of making "false promises" on oil output and said the state had missed out on $8 billion of potential revenues from what is one of the company's biggest projects in the world.
LONDON, Oct 11- The cost of borrowing cash using Spanish government bonds as collateral was little changed on Thursday as the prospect of European Central Bank debt purchases offset the impact of a downgrade in Spain's rating.