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LONDON (Alliance News) - Brokerage ICAP could now be hit by fines from the European Commission over the manipulation of yen Libor rates, after it said Tuesday it has received a so-called statement of objections from the EU's executive body, which it said it intends to fight vi
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BP has lost its bid with the US Supreme Court to stop paying compensation claims while it awaits a review of its settlement in relation to the 2010 Gulf of Mexico oil spill. The company said it would continue to seek a review of the court's overall ruling on compensation. "The lifting of the injun
Read moreLONDON (Alliance News) - The following is a summary of top news stories Tuesday.
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COMPANIES
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Brokerage ICAP PLC could now be hit by fines from the European Commission over the manipulation of yen Libor rates, after it sa
LONDON (Alliance News) - UK shares have opened mixed Tuesday, with AIM marginally outperforming larger stocks.
Goldman Sachs joined other brokers in issuing positive notes about AIM giant ASOS following its recent share price decline. Goldman added ASOS to its Convi
The board of Sports Direct has reignited a row with its minority investors over executive rewards by creating a £200m bonus fund that conceals a likely payout for Mike Ashley, its billionaire founder. Shareholders reacted with indignation as the sportswear chain came up with its third plan in two ye
Read moreLONDON (Alliance News) - The US Supreme Court ruled Monday that British oil giant BP PLC must continue paying compensation for damage done by the April 2010 oil spill in the Gulf of Mexico while the company appeals terms of its settlement with some businesses. The US Supreme Court said it w
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(Adds quotes, details on oilfields) By Rania El Gamal VIENNA, June 9 (Reuters) - Iraq's oil minister on Monday condemned the export of pipeline crude from Iraqi Kurdistan and threatened the region and Turkey, its point of export, with severe measures. "What happened in my view w
Read more(Adds context) By Lawrence Hurley WASHINGTON, June 9 (Reuters) - The U.S. Supreme Court on Monday declined to block payments BP PLC is required to pay to businesses demanding compensation for the 2010 Gulf of Mexico oil spill while the company appeals a lower court ruling. The h
Read moreWASHINGTON, June 9 (Reuters) - The U.S. Supreme Court on Monday declined to block payments BP PLC is required to pay to businesses demanding compensation for the 2010 Gulf of Mexico oil spill while the company appeals a lower court ruling. The high court rejected the company's emergency app
Read moreBy Lawrence Hurley WASHINGTON, June 9 (Reuters) - The U.S. Supreme Court on Monday left in place a $44 million damages award that Wellogix Inc won against Accenture Plc over alleged trade secrets theft. The high court declined to hear Accenture's appeal of the 5th U.S. Circuit Court o
Read more* Iraq starts 2014 with record-high exports, then slowdown * Iran readying improved terms for investors post-sanctions * Rising Iranian, Iraqi output pose challenge for OPEC * OPEC meets on Wednesday By Alex Lawler VIENNA, June 9 (Reuters) - A full lifting of sanctio
Read more(Adds details) LONDON, June 6 (Reuters) - The VLCC jetty at the North Sea's Hound Point crude oil terminal will reopen on June 16, a spokeswoman for operator BP told Reuters on Friday. The reopening of Jetty 1, which is the only berth big enough to take VLCCs at Hound Point, should he
Read moreBAKU, June 6 (Reuters) - Azerbaijan oil and condensate output fell 2.4 percent in January-May this year compared with the same period in 2013 due to lower production at the main Azeri, Chirag and Guneshli (ACG) oilfields, a source at the Azeri state energy company SOCAR said. Falling output a
Read more-- Source link: (http://link.reuters.com/mun89v) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read moreYEREVAN/BAKU, June 5 (Reuters) - Armenia said on Thursday that forces of neighbouring Azerbaijan had killed two of its soldiers at the border between the two countries involved in an unresolved conflict that killed about 30,000 people in the early 1990s. A military conflict between ethnic A
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