This is the latest settlement among 18 lawsuits over some $200 billion in mortgage-backed securities at the heart of the 2008 financial crisis.» Read More
NEW YORK/ LONDON, Feb 20- The Brazilian real gained 1 percent on Thursday after the country set a more modest and possibly more realistic fiscal savings target for 2014, while Ukraine's debt insurance costs rose to their highest since December 2009 on escalating conflict.
NEW YORK, Feb 20- The dollar gained against the euro for a second straight day on Thursday after euro zone business surveys pointed to a sluggish recovery and a fragile outlook for the region, while the greenback also drew support from strong U.S. economic data.
Feb 19- Rather than waste time and money making doubtful predictions about economic growth, you might just do better by buying stock in countries which have recently had hard times.
As industries like technology, media and consulting compete for talent, Wall Street is struggling to hang on to young and restless analysts.
STOCKHOLM, Feb 18- King, the firm behind hit mobile phone game Candy Crush Saga, is planning a U.S. stock market debut which some analysts think could value it at more than $5 billion and herald a flurry of technology company listings this year.
STOCKHOLM, Feb 18- King, the Swedish firm behind hit mobile phone game Candy Crush Saga, is planning a U.S. stock market debut which some analysts think could value it at more than $5 billion and herald a flurry of technology company listings this year.
Feb 18- Mobile gamemaker King Digital Entertainment Plc, best known for the hit puzzle game Candy Crush Saga, said it planned to raise up to $500 million in an initial public offering. The Dublin- based company had filed confidentially for an IPO with the U. S Securities and Exchange Commission in September under the Jumpstart Our Business Startups Act.
King Digital Entertainment, the gaming firm behind online game Candy Crush, said on Tuesday it would list on the New York Stock Exchange.
Feb 18- Mobile gamemaker King Digital Entertainment Plc, best known for the hit puzzle game Candy Crush Saga, said it planned to raise up to $500 million in an initial public offering. The Dublin- based company had filed confidentially for an IPO with the the U. S Securities and Exchange Commission in September.
MOSCOW, Feb 18- Russian children's goods retailer Detsky Mir, owned by oil-to-telecoms conglomerate Sistema, is aiming to launch its planned London initial public offering in mid-March, two banking sources said on Tuesday.
Feb 17- Former AIG boss Maurice "Hank" Greenberg's Starr Investment Holdings LLC said on Monday it had agreed to take over health insurance claims processor MultiPlan Inc in what is by far its biggest private equity investment to date. Since its launch in 2012, all of Starr Investment Holdings' previous private equity deals have been below $1 billion.
BANGKOK, Feb 18- Any comfort investors in Thailand draw from what happened four years ago, when economic growth, the stock market and foreign investment all surged despite deadly unrest in Bangkok, may be sorely misplaced.
*Daqin Railway sheds early gains despite policy news. HONG KONG, Feb 17- Hong Kong shares hit their highest in three weeks early on Monday, led by insurers which posted strong January premium growth and helped by robust China bank lending data.
Signs in falling power consumption to record-low steel prices, seem to suggest China's economic growth is slowly but surely losing its fizz.
BEIJING, Feb 17- The big debate about how fast China's economy will grow this year can find some answers in the real world, where signs suggest the growth giant is slowly but surely losing its fizz.
*To move headquarters to Houston from Los Angeles. Feb 14- Occidental Petroleum Corp said it would spin off its oil and gas assets in California into a separately traded company and move its headquarters from Los Angeles to Houston, where it will be closer to its largest U.S. operations.
MOSCOW, Feb 14- The Russian central bank kept its key policy rate unchanged as expected on Friday, underscoring its dilemma of trying to grapple with both a severe economic slowdown and a plunging rouble. Governor Elvira Nabiullina has been under pressure to cut rates for months to boost an economy, which grew by a relatively small 1.3 percent last year.
Feb 14- Oil and gas producer Occidental Petroleum Corp said it would spin off its California assets into a separately traded company, creating the state's largest natural gas producer. The California unit has been deemed to be a drag on the company due to elusive growth in oil production.
When India releases its wholesale price index (WPI) on Friday, the inflation number may not have the same resonance for local markets as it once did.
*Sale comes as Russia's economy slows. MOSCOW, Feb 14- Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG, has set a price range for its planned London market debut, which implies a market valuation of up to $5 billion, the company said on Friday.