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The Bloomberg uproar highlights the uncertain and rapidly changing ethical landscape facing companies that, like Bloomberg, are reinventing the news business.
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MEXICO CITY, Dec 17- Currency market intervention has cost South America's central banks more than $13 billion in the last 2-1/ 2 years but they are likely to maintain their defenses against hot money inflows if a fresh rush of cheap money sparks another round of currency wars.
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*Fine could be as much as $1.6 bln, more than Barclays'- report. LONDON/ ZURICH, Dec 17- UBS AG is expected to be hit with a $1 billion- plus fine to settle charges of rigging Libor interest rates this week, making it the second bank to be brought to book for its role in the global scandal.
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ZURICH/ LONDON, Dec 14- UBS will admit to criminal wrongdoing by its Japanese arm, where one of the Swiss bank's traders manipulated yen Libor and euroyen contracts, to secure a $1- billion- plus settlement with regulators, people familiar with the matter said on Friday.
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The Swiss government watered-down a plan to try to clean up the country's image as a haven for untaxed assets.
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*Penalty would be more than twice that on Barclays. Such a penalty, more than double the $450 million fine levied on British bank Barclays in June for related conduct, indicates the scope of the misconduct by UBS could dwarf that exposed by Barclays' settlement.
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LONDON, Dec 14- BNP Paribas was named "Bank of the Year" by International Financing Review on Friday, recognising France's biggest bank for its aggressive moves to boost capital and liquidity.
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LONDON, Dec 14- BNP Paribas was named "Bank of the Year" by International Financing Review on Friday, recognising France's biggest bank for its aggressive moves to boost capital and liquidity. IFR is a Thomson Reuters publication.
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*Australia contractor Leighton selling NextGen to cut debt. HONG KONG, Dec 14- KKR& Co LP has jumped into the auction for the fibre-optics business being sold by Australian contractor Leighton Holdings Ltd, a source familiar with the process told Reuters, eyeing a business that analysts say could fetch as much as A $870 million.
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Swiss bank UBS faces a combined fine of about $1 billion, a person familiar with the situation said on Thursday.
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The usual year-end tax tasks are complicated by the possibility over going over the "fiscal cliff."
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WASHINGTON, Dec 13- New U.S. jobless claims fell sharply last week to a near four-year low and retail sales rebounded in November, hopeful signs for an economy that appears to have slowed sharply in the fourth quarter. New claims fell for a fourth straight week, dropping 29,000 to a seasonally adjusted 343,000, the Labor Department said on Thursday.
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WASHINGTON, Dec 13- U.S. retail sales rose in November and jobless claims fell sharply last week, hopeful signs for an economy that appears to have slowed sharply in the fourth quarter. Retail sales rose 0.3 percent, rebounding from a 0.3 percent decline in October, the Commerce Department said on Thursday.
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With tablets and other mobile devices the gadgets of choice this holiday season, Reuters canvassed over 70 shoppers and store employees across Sydney, Seattle, Palo Alto, Shanghai, Bangalore, Singapore, Paris, London, Mexico City and Boston for insight into what does and doesn't beckon.
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*CLS, EBS, Thomson Reuters all report lower volumes. LONDON, Dec 12- Shrinking global trade in currencies is stinging banks, partly due to a lull in the euro zone crisis, and dealers face job cuts as volumes are likely to drop further next year.
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Dec 12- Nasdaq OMX Group Inc said on Wednesday it would buy the investor relations, public relations, and multimedia solutions units of Thomson Reuters Corp for $390 million in cash to build its portfolio of products and services that do not depend on trading to generate revenue.
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LONDON, Dec 12- Drug companies are spending record amounts on acquisitions in emerging markets, with China the most attractive target nation, reflecting sharply rising sales of western medicines in the country.
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Dec 12- Nasdaq OMX Group Inc said on Wednesday it would buy the investor relations, public relations, and multimedia solutions businesses of Thomson Reuters Corp as it builds its portfolio of products and services that deliver market intelligence and communications solutions to its clients.
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*18 pct already finished shopping- Reuters/ Ipsos poll. Dec 12- Most Americans are nowhere close to having their holiday shopping done, a new Reuters/ Ipsos poll shows, raising hope there could be a big boost in sales during the last two weeks before Christmas.
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Dec 12- Nasdaq OMX Group Inc said on Wednesday it agreed to buy Thomson Reuters Corp's investor relations, public relations and multimedia services units for $390 million, as the exchange operator builds businesses that do not depend on trading.
