How the LIBOR scandal could affect you
The LIBOR scandal -- the latest debacle to send ripples through the global financial system -- centers on the alleged rigging of a somewhat obscure banking survey.
How long will the inflation holiday last?
Something happened in the second quarter of 2012 that hadn't happened in two years: Savings accounts actually made money.More specifically, this was the first time since the second quarter of 2010 that inflation dropped below the rate of interest on savings accounts.
NTPC 1Q Net Profit Grows 20% to INR24.99 Billion, Tops Forecast
NTPC Ltd. (532555.BY), India's biggest power utility by capacity, Friday surpassed market expectations with a 20% rise in its fiscal-first-quarter, helped new generation capacity.
Russian Court Rules Against BP in TNK-BP Lawsuit - BP Lawyer
The Tyumen arbitration court in Russia Friday ordered BP PLC (BP) to pay 100.364 billion rubles ($3.1 billion) to TNK-BP (TNBP.RS), a lawyer for the British oil company said.
German Court Grants Microsoft Injunction Against Google's Motorola
A German court Friday granted Microsoft Corp. (MSFT) an injunction against Google Inc.'s (GOOG) Motorola Mobility unit over infringement of a patent on common names for long and short file allocation tables, or FAT technology.
Casino Plans Euro Benchmark 7-Year Bond, Pricing Swaps +1.75 Area
French retail company Casino Guichard-Perrachon SA (CO.FR) plans a euro-denominated, benchmark size seven-year bond, one of the banks involved on the deal said Friday.
BSkyB Buys Parthenon Media; Will Form Part of New Distribution Arm
British Sky Broadcasting Group PLC (BSY.LN), said Friday it bought Parthenon Media Group, an international distribution and multi-media rights management company, for an undisclosed sum, as part of a plan to establish a new distribution arm to market the international rights to its content.
Anglo American Has Delayed, Not Cancelled Projects - CEO
Globally diversified miner Anglo American PLC (AAL.LN) has delayed rather than cancelled projects in light of the uncertain global economic outlook and has cut this year's capital expenditure plan to around $5.4 billion from $7 billion, the company's Chief Executive said Friday.
British Sky Broadcasting Group PLC Acquisition of Parthenon Media Group
TIDMBSY RNS Number : 6751I British Sky Broadcasting Group PLC 27 July 2012 PRESS RELEASE - FOR PUBLICATION 27(th) July 2012 Sky to Create Content Distribution Arm with Acquisition of Parthenon Media Group Sky is to establish a new distribution arm to market the international rights to its
AIA 1st-Half New Business Value up 28% on Strong Growth in Hong Kong, Thailand
Asian insurance heavyweight AIA Group Ltd. (1299.HK) on Friday beat analysts' expectations by reporting 28% rise in new business value for the six months ended May 31, thanks to strong growth in major markets such as Hong Kong and Thailand, as well as a continued improvement in margins.