*U.S. weaker, Brazil stagnant, limited cost savings in Mexico. BRUSSELS, Oct 31- Anheuser-Busch InBev, the world's largest beer maker, increased earnings by less than expected in the third quarter as U.S. consumers drank less, Brazil fell into recession and Mexican cost savings dropped sharply. The maker of Budweiser, Stella Artois and Corona has coped with past...» Read More
DETROIT, June 30- General Motors Co's ongoing safety crisis over deadly ignition switches deepened on Monday with the recall of 8.23 million mostly older cars linked by the U.S. automaker to three deaths.
HONG KONG, July 1- Hong Kong financial markets are closed on Tuesday for a public holiday and will resume trading on Wednesday. The holiday marks the Hong Kong Special Administrative Region Establishment Day. Please double click on for the latest Hong Kong stock report and for the mainland China stock report.
PARIS, July 1- BNP Paribas Chief Executive Officer Jean-Laurent Bonnafe told retail clients that the U.S. settlement over sanctions violations will not have impact on them and that its pricing policy will remain unchanged.
SETTLEMENT WILL HAVE NO IMPACT ON RETAIL CLIENTS, NO CHANGE IN PRICING POLICY.
BNP'S BONNAFE SAYS CERTAIN EMPLOYEES DELIBERATELY CIRCUMVENTED US RULES AND DID NOT COMPLY WITH MANAGEMENT'S DECISIONS THAT PROHIBITED THIS BUSINESS IN SPECIFIC COUNTRIES FROM 2007.
BNP PARIBAS CEO BONNAFE TELLS RETAIL CLIENTS BREACHES OF BANK'S ETHICS TOOK PLACE IN OIL& GAS ENERGY& COMMODITY FINANCE BUSINESS, ACCOUNTING FOR LESS THAN 1 PCT OF THE BNP' TOTAL ACTIVITY.
BOSTON, June 30- Microsoft Corp launched what it hopes will be the most successful private effort to date to crack down on cyber crime by moving to disrupt communications channels between hackers and infected PCs.
June 30- A jury in a South Carolina state court on Monday awarded $8.1 million to a former adviser who sold his wealth management business to BB&T Corp and later alleged that the bank mismanaged his retirement nest egg with a risky strategy, according to a person familiar with the matter.
PARIS, July 1- The settlement reached between BNP Paribas and U.S. authorities over a sanctions busting case will preserve the future of the lender, the finance ministry said on Tuesday. French Finance Minister Michel Sapin also said in a statement that the country's biggest listed bank "will still be able to finance economic activity in a satisfying way."
BUENOS AIRES, June 30- Argentina's economy ministry said on Monday it was sending a delegation to meet on July 7 with the mediator appointed by a U.S. court to help facilitate a settlement between the country and holdout investors in Argentine debt.
NEW YORK, June 30- SecondMarket and U.S. investment firm Pantera Capital, two of the more prominent bidders in the U.S. Pantera Capital chief executive officer Dan Morehead told Reuters the firm was not able to purchase the bitcoins because their bid was below the market price.
PARIS, July 1- France's biggest listed bank BNP Paribas expects to book a charge of 5.8 billion euros in the second quarter related to its settlement of a U.S. criminal charge over sanctions violations. "Apart from the impact of the fine, BNP Paribas will once again post solid results this quarter...
DETROIT, June 30- U.S. safety regulators on Monday announced an expansion of a previous recall to include more model years of Fiat Chrysler vehicles that have ignition switches that can be inadvertently shut off.
NEW YORK/ WASHINGTON, June 30- French bank BNP Paribas on Monday agreed to pay almost $9 billion over charges it violated U.S. sanctions against countries such as Sudan, and faces a one-year suspension of parts of its U.S. dollar-clearing business.
FRENCH FINANCE MINISTRY SAYS BNP PARIBAS U.S.
FRENCH FINMIN SAYS BNP WILL STILL BE ABLE TO FINANCE FRENCH ECONOMY IN A SATISFYING WAY.
NEW YORK, June 30- Morgan Stanley is further opening the social media door for its brokers by allowing them to post self-authored content on firm-approved Twitter accounts.
In addition to the monetary penalty, BNP is facing other forms of punishment for what a Manhattan assistant district attorney called a "long-term, multi-jurisdictional conspiracy" to violate sanctions laws by facilitating transactions involving Sudan, Cuba, and Iran.
NEW YORK, June 30- Privately held senior care center operator CareOne LLC said on Monday it was working with an investment bank to explore a sale of its real estate assets in an auction that people familiar with the matter said could fetch as much as $2 billion.
SETTLEMENT, SAYS EUROPE SHOULD PROMOTE USE OF EURO AS INTERNATIONAL EXCHANGE CURRENCY.