MOSCOW, July 28- The Hague's arbitration court has ruled in favour of a group of shareholders in defunct oil giant Yukos against Russia, awarding compensation of around $50 billion, a source close to the ruling said on Monday.» Read More
WASHINGTON, March 12- The normally divided U.S. Senate moved forward on Wednesday with a new, bipartisan agreement designed to ease partisan gridlock. I'm optimistic, "said Republican Senator Lamar Alexander of Tennessee.
March 12- Wall Street watchdog FINRA said Wednesday it is struggling to find enough arbitrators to handle a mounting number of claims from investors who lost money in closed-end Puerto Rico bond funds.
WASHINGTON, March 12- The U.S. Senate Foreign Relations Committee voted 14-3 on Wednesday to pass a bill addressing the crisis in Ukraine that includes reforms to the International Monetary Fund and sanctions on Russians and Ukrainians, as well as aid and loan guarantees for the new government in Kiev.
March 12- A U.S. court ruled invalid a patent covering Pfizer Inc's blockbuster Celebrex painkiller, the drugmaker said, giving generic rivals an earlier U.S. entry that analysts estimated could cost the company $3 billion in revenue by the end of 2015.. Celebrex has annual global sales of about $3 billion, including $2 billion in the United States.
You, however, are not Yale and neither, likely, is your pension fund, university endowment or personal portfolio. Understanding why what is good for the goose underperforms for the gander is key to not just Yale's fantastic performance, but improving your own.
*Chilean peso rebounds after near 5- year lows on China concerns. NEW YORK, March 12- Emerging market currencies rose moderately on Wednesday, rebounding from earlier losses as investors remained nervous over China's economy and Ukraine's future, supporting safe-haven demand for the yen and the Swiss franc.
WELLINGTON, March 13- The Reserve Bank of New Zealand said on Thursday that it expected any rise in the domestic currency to be subdued as the central bank begins its monetary tightening cycle, as market participants were well aware that rates will rise.
*Copper hits near four-year lows. Treasuries prices rose in safe-haven bids on Wednesday on worries over the health of China's economy, which helped fuel strong demand at the U.S. government's 10- year Treasury note auction.
NEW YORK, March 12- U.S. stocks were little changed on Wednesday amid signs of progress in diplomatic attempts to ease tensions in Ukraine and as investors shrugged off concern over weakness in the Chinese economy.
WELLINGTON, March 13- New Zealand's central bank raised its benchmark cash rate by 25 basis points to 2.75 percent on Thursday, as expected, and flagged a series of further increases to keep inflation pressures in check as the economy gains momentum. New Zealand's 2.75 percent official cash rate compares with Australia's 2.50 percent, the U.S.
PARIS, March 12- The search for Malaysia's missing jet could speed development of new ways of locating wreckage, but such technology is unlikely to replace the traditional "black box" any time soon, France's top crash investigator said on Wednesday.
WASHINGTON, March 12- There will be no delay in the penalty most Americans face under President Barack Obama's healthcare reform law if they fail to obtain health coverage this year, U.S. Health and Human Services Secretary Kathleen Sebelius said on Wednesday.
Singer, part of the world's largest sewing machine company, SVP Worldwide, is owned by private equity firm Kohlberg& Company LLC. It is working with investment bank Harris Williams on the potential sale, the people said. Kolhberg, SVP Worldwide and Harris Williams could not be reached for comment.
*Herbalife shares tumble on FTC investigation. NEW YORK, March 12- U.S. stocks were little changed on Wednesday, as equities recouped much of their earlier declines amid signs of progress in diplomatic attempts to ease tensions in Ukraine.
March 12- A U.S. court shot down a patent covering Pfizer Inc's blockbuster Celebrex painkiller, the drugmaker said, giving generic rivals an earlier U.S. entry that analysts estimated could cost the company $3 billion in revenue by the end of 2015.. Celebrex has annual global sales of about $3 billion, about $2 billion of which were in the United States.
Swiss citizen Andreas Bachmann, 56, entered the plea in federal court in Alexandria, Virginia, the documents show. Bachmann, a former relationship manager in Switzerland for a Credit Suisse unit, described his role in one of the documents that was filed as part of an agreement with prosecutors. A spokesman for Credit Suisse declined to comment.
SAO PAULO, March 12- The hiring of three top bankers of BR Partners Banco do Investimento SA by New York- based Moelis& Co LLC was "improper and unethical," Ricardo Lacerda, chief executive officer of the Brazilian investment bank, said on Wednesday, adding that BR Partners is considering possible action.
PARIS, March 12- The search for the missing Malaysian jet could speed development of new ways of locating wreckage, but such technology is unlikely to replace the traditional "black box" any time soon, France's top crash investigator said on Wednesday.
WASHINGTON, March 12- A U.S. Senate subcommittee plans to hold a hearing in April on General Motors' recall of malfunctioning cars blamed for multiple deaths, Senator Claire McCaskill said on Wednesday.
*Trucker strike in Vancouver causing lumber backlog. TORONTO, March 12- Canadian National Railway Co, the country's biggest railroad operator, said on Wednesday it will meet the federal government's order to ship 500,000 tonnes of grain a week, but its chief executive said there would still be a severe backlog even under ideal conditions.