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Google signs 60-year lease on NASA airfield and hangars

November 11th, 2014 (0)
Google has sealed a deal to lease NASA’s Moffett Airfield for the next 60 years after beginning negotiations for the land back in February. Under terms of the agreement, Google will pay NASA an estimated $1.16 billion in rent over the life of the ...

U.S. judge says Citigroup can process Argentina’s next bond payment

November 11th, 2014 (0)
A U.S. judge ruled on Monday that Citigroup Inc could process an $85 million interest payment by Argentina on bonds issued under its local laws following its 2002 default. U.S. District Judge Thomas Griesa in New York said Citigroup could process the Dec. 31 payment ...

London pre-open: Little change expected on FTSE ahead of opening bell

November 11th, 2014 (0)
UK stocks are expected to kick-off Tuesday’s session with limited gains as investors await direction ahead of what is expected to be another fairly quiet session beyond corporate news. City sources predict the FTSE 100 will open around five ...

IFSB issues paper on Islamic Finance Regulation

November 11th, 2014 (0)
The Working Paper is issued in parallel to the Exposure Draft (ED-17) of the Standard on Core Principles for Islamic Finance Regulation (Banking Segment), and provides the background and wider context for the Standard that is under preparation by ...

U.S. judge rejects BP bid to oust Gulf spill claims chief

November 11th, 2014 (0)
BP Plc has failed to persuade a federal judge to oust the administrator overseeing payouts to businesses and individuals claiming damages arising from the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl Barbier in New Orleans on ...

Stocks: Dow, S&P 500 close at record highs

November 11th, 2014 (0)
Wall Street continued to march further into record territory Monday as the Dow and S&P 500 closed at record highs again. Investors have been pushing stocks higher on signs the U.S. economy continues to improve and as corporate earnings come ...

Putin seeks to reassure world amid ‘perfect storm’

November 11th, 2014 (0)
The Russian ruble strengthened against the dollar on Monday after President Vladimir Putin said there were no “fundamental economic reasons” for the currency’s slide, but analysts –and the country’s central bank — beg to differ. Speaking at an Asia ...

ESMA consults on revised EMIR standards on the reporting to trade repositories

November 11th, 2014 (0)
The European Securities and Markets Authority (ESMA) has today published a consultation paper on the revision of the Regulatory Technical Standards (RTS) and implementing technical standards (ITS) in relation to the European Market Infrastructure Regulation (EMIR). The ESMA RTS/ ITS deal ...

US-China press forward on expanding high-tech trade agreement

November 11th, 2014 (0)
President Obama said Monday night that the U.S. and China are nearing a final agreement on expanding a major technology pact. Obama said that the world’s two largest economies would work toward including a broader scope of goods covered ...

Fed’s Rosengren says fight for higher inflation should be vigorous

November 11th, 2014 (0)
The Fed should fight low inflation as vigorously as it would a too rapid run-up in prices or risk the same sort of prolonged slow growth plaguing Japan and Europe, Boston Federal Reserve bank president Eric Rosengren said on Monday. Rosengren, ...
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