*Protecting Mandela's image harder after his death. JOHANNESBURG, Dec 8- From political posters to bottles of wine and kitchen aprons, the face and name of Nelson Mandela is a potent commercial and political brand in South Africa.» Read More
ATHENS, July 15- Greece's fourth-largest lender, Eurobank, completed the acquisitions of New Hellenic Postbank and Proton Bank from the country's bank rescue fund on Monday, the latest move in the consolidation of the nation's battered banking sector.
WASHINGTON, July 15- Investigators are looking at an emergency locator transmitter built by Honeywell International Inc as the possible cause of a fire on board a Boeing Co Dreamliner in London last week, according to a source familiar with the probe.
*Citigroup shares climb after earnings. NEW YORK, July 15- U.S. stocks edged up on Monday, putting the S&P 500 on track for an eighth day of gains, as upbeat results from Citigroup offset mixed U.S. economic data. Shares of Citigroup shot up 1.9 percent to $51.80 after the third-largest U.S. bank by assets reported a 26 percent increase in adjusted quarterly profit.
MEXICO CITY, July 15- Mexican President Enrique Pena Nieto said on Monday he expects to see 4 trillion pesos in spending on major infrastructure projects aimed at beefing up the country during his six-year term.
*China's second-quarter slowdown not as sharp as feared. *U.S. retail sales weak, but Citigroup rises on earnings. NEW YORK, July 15- Stock markets around the world edged higher on Monday as a milder-than-expected slowdown in China's economic growth lifted sentiment and early reads on U.S. earnings were positive.
BIRMINGHAM, July 15- Lawmakers in Alabama's bankrupt Jefferson County on Monday chose Citigroup Global Markets as senior underwriter for a planned $1.9 billion bond refinancing in late 2013 that is central to ending America's biggest municipal bankruptcy case.
July 15- Citigroup Inc posted a 42 percent jump in quarterly profit as bond trading revenue gained and stronger home prices helped the bad mortgages on its books, underscoring the bank's recovery since the financial crisis. Citigroup is fixing itself amid a treacherous environment for global banks.
SANTIAGO, July 15- A Chilean appeals court on Monday formally suspended Barrick Gold Corp's controversial $8.5 billion Pascua-Lama gold mine until the company builds infrastructure that will prevent water pollution.
*China Q2 GDP growth slows to 7.5 pct. NEW YORK, July 15- Brent crude edged up slightly on Monday in choppy trading, reversing earlier losses, as the market digested mixed economic and industry data from the United States and China, the world's top two oil consumers.
WASHINGTON, July 15- Investigators are looking at an emergency locator transmitter built by Honeywell International Inc as the possible cause of a fire on board a Boeing Co Dreamliner in London last week, according to a source familiar with the probe. The transmitter uses a lithium manganese battery, said the source, who was not authorized to speak on the record.
NEW YORK, July 15- Honeywell International Inc said on Monday it was invited by UK investigators to participate in the probe of a fire aboard a Boeing Co 787 that occurred on Friday at Heathrow airport in London.
NEW YORK, July 15- The trial of former Goldman Sachs Group Inc bond trader Fabrice Tourre began with the selection of five women and four men as jurors on Monday, in a case centering on alleged Wall Street wrongdoing during the financial crisis. The three-week trial stems from a lawsuit the SEC filed against Goldman Sachs and Tourre in 2010..
The issue is acute in California where public employee pensions have strong legal protections. Two California cities, Stockton and San Bernardino, filed for bankruptcy protection last year, in part because of soaring pension costs.
WASHINGTON, July 15- Three Internal Revenue Service officials enmeshed in the Tea Party controversy will face lawmakers for the first time this week to testify in a case that triggered a partisan U.S. fight over how the agency reviews applicants for tax exemption.
*Q2 adjusted shr $1.25 vs Street estimate $1.17. July 15- Citigroup Inc posted a 42 percent increase in quarterly profit, as stronger home prices reduced mortgage losses and bond trading revenue jumped, underscoring the bank's recovery since the financial crisis.
LONDON, July 15- France's Schneider Electric has left the door ajar to rival bidders by offering shares as part of its 3.3 billion pound takeover proposal for Invensys, as many of the UK engineer's investors would be prefer all cash.
WASHINGTON, July 15- Citing waning demand, U.S. weapons maker General Dynamics Corp on Monday said it would consolidate its two combat systems businesses and close the Charlotte, North Carolina, headquarters of one of them by the end of 2013..
*New York state manufacturing expands in July. GDP expanded at no more than a 1 percent annual rate in the second quarter, but employment growth has been solid and Wall Street still expects the Fed will soon trim the $85 billion in bonds it is purchasing each month. "
*China's second-quarter slowdown not as sharp as feared. *U.S. retail sales weak, but Citigroup rises on earnings. Markets were held back by a weak read on U.S. retail sales, though a milder-than-expected slowdown in China's economic growth lifted shares in Asia and Europe.
CAIRO, July 15- Egypt's new military-backed administration has pleased investors by appointing experienced economic policy makers to a cabinet whose cohesion will be sorely tested in the coming months.