GO
Loading...

Ukraine

More

  • RLPC-Sberbank launches $1.5 bln syndicated loan-bankers Thursday, 4 Oct 2012 | 12:57 AM ET

    LONDON, Oct 4- Russia's largest bank Sberbank. Barclays is coordinating Sberbank's three-year loan, which is the largest such deal in the central and eastern European pipeline, the bankers added. Bank of Tokyo-Mitsubishi UFJ, Barclays, Citi, HSBC, ING, JP Morgan, WestLB, Goldman Sachs, Bank of America Merrill Lynch and SMBC participated in the 2011 deal.

  • DETROIT, Oct 4- Tesla Motors Inc Chief Executive Elon Musk dismissed fears the electric carmaker was in financial trouble and said it was making an advance payment on the federal loan used to make its Model S sedan.

  • LONDON, Oct 4- A planned competition probe of Britain's motor insurance market could reduce insurers' profits and hinder their ability to repay debt, credit rating agency Moody's said on Thursday.

  • *Rebel crisis fuels tension in Africa's most volatile region. KIGALI, Oct 4- President Paul Kagame said on Thursday Western governments were "dead wrong" in blaming Rwanda for the rebellion in neighbouring eastern Congo and threatening Kigali with aid cuts, and he pledged to stand firm against his accusers.

  • European Commission asks for Solvency II capital review Thursday, 4 Oct 2012 | 12:44 AM ET

    LONDON, Oct 4- A Director General at the European Commission has asked the chair of European Insurance and Occupational Pensions Authority to review capital charges under Solvency II, particularly for SME financing, infrastructure financing, and socially responsible investment.

  • DUBAI, Oct 4- HSBC Holdings Plc is to significantly scale back the scope of its global Islamic banking operations, as the business becomes the latest area to be affected by a wider restructuring at the UK- based bank.

  • Barclays announced a shake up at its investment banking business aimed at streamlining the business in the face of a more challenging outlook for the industry. Wells Fargo's international group named Christopher Lewis as executive vice-president and head of global trade services.

  • EADS-BAE merger could be hostage to U.S. politics Thursday, 4 Oct 2012 | 12:33 AM ET

    WASHINGTON/ LONDON, Oct 3- To win approval for their planned $45 billion merger, EADS and BAE systems must persuade Washington to let a pan-European behemoth control some of the most sensitive U.S. defence contracts, without triggering a political backlash.

  • UK FSA's Bailey says banks still "too big to fail" Thursday, 4 Oct 2012 | 12:30 AM ET

    LONDON, Oct 4- The failure of one Britain's big banks would still wreak market havoc and leave taxpayers on the hook as more needs to be done to curb their complexity and risks, the country's top banking supervisor said on Thursday.

  • *Barclays investment bank boss Ricci unveils management shake-up- memo. LONDON, Oct 4- Barclays announced a shake up at its investment bank on Thursday as the group tries to cut costs in a tough market and reduce risks to its reputation following the Libor scandal.

  • EU group throws weight behind new sub debt asset-class Thursday, 4 Oct 2012 | 12:14 AM ET

    LONDON, Oct 4- An EU expert group on bank structural reform this week threw its weight behind the idea of introducing a separate layer of bail-inable bank debt as policymakers try to address the problem of "too big to fail".

  • UK watchdog grants Redrow bidder two extra weeks Thursday, 4 Oct 2012 | 12:10 AM ET

    LONDON, Oct 4- Britain's takeover regulator has given a consortium bidding for housebuilder Redrow an extra two weeks to decide whether to make a takeover offer for the company.

  • Gambling chiefs race for share of U.S. online gaming Wednesday, 3 Oct 2012 | 10:24 PM ET

    Our biggest challenge is converting the 25 to 35 year old to becoming participants in our industry, "said Brian Gamache, chief executive of slot machine maker WMS Industries Inc at the annual Global Gaming Expo in Las Vegas.

  • PRESS DIGEST - British business - Oct 4 Wednesday, 3 Oct 2012 | 8:28 PM ET

    Rail passengers face years of uncertainty over who will run some of Britain's busiest train routes after the Government admitted a huge blunder in awarding the franchise for the West Coast main line. FirstGroup is considering legal action against the Department for Transport after it pulled the controversial West Coast rail bid.

  • Russia's Lavrov skipped big powers' Iran meeting at UN Wednesday, 3 Oct 2012 | 7:17 PM ET

    *Russia may be irritated with calls for new sanctions-envoys* Israel has threatened military action against Iran By Louis Charbonneau.

  • Bank of England to leave stimulus unchanged for now Wednesday, 3 Oct 2012 | 7:05 PM ET

    LONDON, Oct 4- The Bank of England will shy away from increasing its economic stimulus programme of government bond purchases on Thursday as the economy is showing some signs of growing again.

  • Swedish c.bank website shut down in cyber attack Wednesday, 3 Oct 2012 | 5:54 PM ET

    STOCKHOLM, Oct 3- Hackers shut down the website of Sweden's central bank on Wednesday and targeted two other official sites after activist group Anonymous was reported to have threatened it would launch a cyber attack in support of Internet file sharers. Several websites in Sweden have come under attack this week and crashed.

  • Price of oil drops near $88 per barrel Wednesday, 3 Oct 2012 | 5:02 PM ET

    NEW YORK-- Oil prices fell the most in five months on Wednesday as China's slowing economy raised questions about the strength of global oil demand. On the New York Mercantile Exchange:. Benchmark crude fell $3.75, or 4.1 percent, to finish at $88.14 per barrel.

  • Casino chiefs talk about industry vulnerability Wednesday, 3 Oct 2012 | 4:48 PM ET

    But the chief executives of Las Vegas- based MGM Resorts International and Las Vegas Sands Corp. differed during a keynote panel discussion with four other industry leaders at the Global Gaming Expo about whether states or the federal government are best able to provide oversight.

  • The asset management and investment firm hired vetran brokers E.H. Stanley Jr. and Geddings H. Crawford Jr, who previously worked at Morgan Stanley Wealth Management, the brokerage majority-owned by Morgan Stanley. The asset management business of Aviva Plc named Patrick Brien as chief executive of its Asia Pacific region.