Search Results for: London
Barclays Settles U.K. Libor Case Weeks Before Trial to Start
April 8th, 2014
Barclays Plc (BARC) settled the first U.K. lawsuit filed over allegations the bank manipulated Libor, weeks before the trial was scheduled to start. Barclays agreed to restructure the debt of Graiseley Properties Ltd., which filed the lawsuit, as part ...
European Stocks Decline as Technology Shares Retreat
April 7th, 2014
European stocks declined from a six-year high as technology shares tumbled following a selloff in America. U.S. stock-index futures and Asian shares fell. Technology shares lost 1.2 percent, with Iliad SA losing 5.3 percent and Nokia Oyj sliding 2.4 ...
Pistorius Defense to Call Pathologist as Murder Trial Resumes
April 7th, 2014
Oscar Pistorius’s lawyers plan to call a forensics expert as their opening defense witness before the Paralympic gold medalist testifies in his murder trial. Jan Botha, a pathologist, may be the first to testify as the defense starts its ...
Vivendi Selling SFR to Altice in $23 Billion Deal, Hard-Fought Win for Drahi
April 7th, 2014
Billionaire Patrick Drahi’s Altice (ATC) SA won the bidding contest for Vivendi SA (VIV)’s French phone unit, beating a government-backed offer from Bouygues SA (EN) by agreeing to a deal valued at more than 17 billion euros ($23 billion). ...
European Stocks Advance as Investors Await U.S. Jobs Data
April 4th, 2014
European stocks advanced, posting their longest winning streak since October, before a report that may show the U.S. economy created jobs at a faster pace last month. U.S. index futures and Asian shares were little changed. Mediaset SpA advanced ...
Stock Futures Rise as Dollar Holds Yen Gain Before Data
April 4th, 2014
U.S. and European equity-index futures climbed and the dollar held gains against the yen and euro before a payrolls report. Stocks fluctuated in Asia, wheat slid toward its first loss in five weeks and India’s rupee fell. Contracts on ...
Apple Bulls Bet New Products Will Bring Stock Revival
April 3rd, 2014
Options (AAPL) traders are betting new Apple Inc. products will propel the world’s largest company after it rebounded from the worst monthly loss in a year. Options on the iPhone maker haven’t been this cheap in more than two ...
FCA announces competition review into credit cards
April 3rd, 2014
The Financial Conduct Authority (FCA) today confirmed its intention to undertake a competition review into the UK’s £150bn credit card market at the end of this year. Speaking at the Credit Today Credit Summit in London, FCA chief executive ...
Firms unite to provide better access to accountancy qualifications
April 3rd, 2014
THE PROFESSION has united to create a unified approach aimed at helping students from disadvantaged backgrounds obtain accountancy qualifications. The scheme, Access Accountancy was formally launched today at an inner city girls secondary school, based in Islington, London. Firms ...
Japan Sales Tax Hike Boosts Popularity Of Gold As Investors Rush To Beat Implementation Of Tax
April 3rd, 2014
Japanese shoppers have snapped up gold bars ahead of a controversial hike in the country’s sales tax, which takes effect Tuesday, a key part of Prime Minister Shinzo Abe’s economic “Abenomics” reforms. Tokyo’s Tanaka Kikinzoku Jewelry K.K., Japan’s largest ...
