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By Alastair Sharp TORONTO, Aug 13 (Reuters) - Ontario's securities regulator is seeking opinions on a prospective exchange operator's radical proposals about market trades and will mull whether to amend rules governing Canadian markets to accommodate the newcomer. The new entrant, Aeq
Read more* "Indigenisation" strategy targets foreign mines, banks * Mugabe rejects criticism of his disputed re-election * Praises armed forces as "reliable pillar" of his rule By Cris Chinaka HARARE, Aug 13 (Reuters) - Zimbabwe's President Robert Mugabe said on Tuesday he saw his
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Fresnillo's shares surged after UBS rated its stocks a 'buy', saying it was well placed to handle the volatility of gold and silver prices by keeping costs down and generating free cash flow. Wood Group rallied after Investec raised its target price to 900p from 800p, noting the company's strong p
Read moreBy Anjuli Davies and Arno Schuetze LONDON/FRANKFURT, Aug 13 (Reuters) - Beverage can maker Rexam has launched the sale of its healthcare packaging business, which could fetch around 650 million pounds ($1 billion), four banking sources told Reuters. Rexam said in June it would sell it
Read moreBarclays is reviewing its retail banking operations in the United Arab Emirates (UAE) for the possible sale of the business, sources told Reuters. The British bank confirmed it was conducting a review of the business but did not provide any further details. The review is being conducted internall
Read more(Updates with reasons for potential sale) By Dinesh Nair DUBAI, Aug 13 (Reuters) - Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which could lead to a sale of the business, according to two sources familiar with the matter.<
Read more(Repeats with no change to text) By Dinesh Nair DUBAI, Aug 13 (Reuters) - Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which could lead to a sale of the business, according to two sources familiar with the matter. Bar
Read moreBy Dinesh Nair DUBAI, Aug 13 (Reuters) - Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which could lead to a sale of the business, according to two sources familiar with the matter. Barclays, Britain's third-largest bank, co
Read more* IRS argues "economic substance" in STARS tax disputes * Obama's 2010 healthcare overhaul gave IRS legal boost * Major banks take on tax agency over Barclays dealings By Patrick Temple-West and Kevin Drawbaugh WASHINGTON, Aug 11 (Reuters) - A sharp tool in the U.S. govern
Read moreEuropean banks need to cut 3.2trn euros in assets by 2018 in order to comply with the Basel III regulations. The largest financial institutions need to shed €661bn in assets and come up with €47bn in capital, while smaller banks would be required to remove €2.6trn from their balance sheets, accordi
Read moreThe Co-operative Bank's fund managers are stepping up their fight over unpaid bonuses last year, the latest hurdle for the bank as it tries to tackle its creaking finances, The Times reported. Bank of England Governor Mark Carney's vow to keep interest rates at 0.5% until the jobless total drops to
Read moreBy Sarah White MADERUELO, Spain, Aug 11 (Reuters) - A queue of pensioners waits to board a brown and green bus in the medieval village of Maderuelo on Spain's arid central plains. It only comes once a month and won't take them anywhere, but they're mostly happy with the service. The b
Read moreLONDON, Aug 11 (Reuters) - Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was plunged into crisis in 2008. Last year's cuts come after 7,200 branches were axed in 20
Read more* IRS argues "economic substance" in STARS tax disputes * Obama's 2010 healthcare overhaul gave IRS legal boost * Major banks take on tax agency over Barclays dealings By Patrick Temple-West and Kevin Drawbaugh WASHINGTON, Aug 11 (Reuters) - A sharp tool in the U.S. govern
Read moreBy Sarah White MADERUELO, Spain, Aug 11 (Reuters) - A queue of pensioners waits to board a brown and green bus in the medieval village of Maderuelo on Spain's arid central plains. It only comes once a month and won't take them anywhere, but they're mostly happy with the service. The b
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