Search Results for: Total
Japan plans to finance foreign Coal Plants
July 29th, 2014
Following U.S’s and Europe’s negligence for supporting overseas coal projects, Japan has seize the opportunity to advance in this sector. According to the Wall Street Journal, on July 23, Japanese plans were set out in order to support coal-fired ...
Lloyds Banking Group charged with $370 million fine
July 28th, 2014
Britain’s Lloyds Banking Group (LLOY.L) has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a UK government lending scheme. The settlement ...
Pfizer’s need for deal appears larger with earnings report
July 28th, 2014
Pfizer Inc’s vulnerability to cheaper generics and its weak roster of experimental medicines will be on display Tuesday when the company reports quarterly earnings, reviving interest in its pursuit of AstraZeneca Plc or other deals to fortify its pipeline. ...
USD/HKD remains bullish as HKMA Buys $690 Million
July 28th, 2014
Hong Kong’s de facto central bank bought $690 million on July 25 to defend the city’s 31-year-old peg to the U.S. dollar as it expects demand for the local currency to continue. “Having regard to the on-going listings, mergers ...
Oil and Gas Drilling in Britain will expand
July 28th, 2014
The British government considers to make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008. The move, which had been anticipated by the oil and gas industry, could prove to ...
BSkyB’s £4.9bn Sky Europe deal includes HSF and A&O firms
July 28th, 2014
Herbert Smith Freehills and Allen & Overy are among the firms to advise on BSkyB’s £4.9bn takeover of Rupert Murdoch’s pay TV companies in Germany and Italy. The acquisitions mark a strategic change for BSkyB, which is hoping to ...
Lower printer sales hurt Xerox’s revenue
July 25th, 2014
Xerox Corp (XRX.N) reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business. Net income attributable to Xerox fell to $266 million, or 22 cents per share, for the quarter ended June 30, ...
MFIs Deposits and Loans Statistics
July 25th, 2014
The Central Bank of Cyprus releases today the MFIs deposits and loans statistics for the reference month of June 2014, which are included in the July 2014 edition of Monetary and Financial Statistics. Total deposits in June 2014 exhibited ...
Consumers replace cash with credit cards
July 25th, 2014
Visa reports 5% increase in third quarter revenue to $3.16 billion over the prior -year period. Company’s Net income came in at $1.4 billion that resulted in a per-share profit of $2.17, $0.07 higher the analyst consensus. Visa CEO ...
UBS Wins Case Over Firing of Drug Analyst in Front-Running Probe
July 24th, 2014
A London judge said UBS AG (UBSN) had the right to fire a senior analyst who discussed rumors about a Sanofi drug with a friend at a hedge fund who may have bet against the company before publishing a ...
