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LONDON (Alliance News) - UK shares have opened higher across the board Thursday, after latest indications from US Federal Reserve policy makers left little concern about an imminent rate increase.
A flurry of IPO plans were confirmed early Thursday, led by property site Zoop
Google is amassing an overseas war chest to help it to make foreign purchases worth up to 30bn dollars. Or, at least, that is what it has told regulators. In a filing to the Securities and Exchange Commission, the internet giant defended its decision to hoard so much cash overseas, out of the reach
Read moreLONDON (Alliance News) - BP PLC Thursday said it is appealing to the US Supreme Court over a ruling on Monday supporting compensation claims for certain businesses affected by the 2010 Gulf of Mexico oil spill. The Fifth Circuit appeals court in New Orleans on Monday rejected BP?s request f
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TAIPEI, May 22 (Reuters) - British Petroleum and the European Bank for Reconstruction and Development have shown interest in raising money in Taiwan via selling yuan bonds, the over-the-counter Gretai Stock Exchange said on Thursday. The two European financial institutions expressed their i
Read moreBAKU, May 21 (Reuters) - Foreign capital investment in Azerbaijan's economy rose 22 percent to 1.44 billion manats ($1.8 billion) in January-April 2014, with the bulk of it going into the energy sector, a source at the State Statistics committee said. He said the rise in investment was link
Read more* BP rejects paying businesses for harm not caused by spill * BP must also face U.S. shareholder class action (Recasts to reflect Supreme Court appeal, adds comments) By Jonathan Stempel May 21 (Reuters) - BP Plc, seeking to limit costs related to the 2010 Gulf of Mexico oil s
Read moreHOUSTON, May 21 (Reuters) - Repsol, BP and Mitsubishi will buy a total of 21 cargoes of Oriente and Napo crudes from Petroecuador between June and August after winning tenders launched earlier this month, traders told Reuters. Petroecuador sells most of its crudes to Petrochina, but it also
Read moreMay 21 (Reuters) - BP Plc on Wednesday said it will ask the U.S. Supreme Court to review a court ruling concerning the 2010 Gulf of Mexico oil spill, which forces the company to pay some businesses for economic damages without the businesses having to prove the spill caused their losses. On
Read moreMay 21 (Reuters) - A U.S. judge has allowed a group of BP Plc shareholders to pursue a class-action lawsuit accusing the company of misleading them by understating the severity of the 2010 Gulf of Mexico oil spill. U.S. District Judge Keith Ellison in Houston also denied class certification
Read moreRaising interest rates might be the only effective tool the Bank of England has to cool the housing market, its deputy governor has conceded. Charlie Bean, who retires at the end of June, said that while it was sensible for the Bank to use macro-prudential tools to control rapid price rises and mana
Read more(Adds Moelis & Co, England and Co; Updates Citigroup) May 20 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com. CITIGROUP INC The bank on Tuesday appointed former Credit
Read moreLONDON (Alliance News) - The European Commission Tuesday said it will press ahead with a probe into Credit Agricole, HSBC Holdings and JP Morgan after they refused to join other lenders in a settlement last year over suspected manipulation of the Euribor interest-rate benchmar
Read moreJAKARTA, May 20 (Reuters) - BP has closed part of its Tangguh liquefied natural gas (LNG) facility in Indonesia's remote West Papua province for maintenance, the company said on Tuesday. "This has been factored into Tangguh's 2014 production plan," BP Indonesia Head of Country Dharmawan Sam
Read moreLONDON (Alliance News) - The following is a summary of top news stories Tuesday.
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COMPANIES
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Marks and Spencer Group PLC reported its third consecutive annual drop in a closely-watched profit measure, as the retailer con
LONDON (Alliance News) - Company acquisitions and disposals have roared back to the fore Tuesday, with RSA Insurance, London Stock Exchange, Wolseley, RPS, Cobham and others all making pre-market announcements
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