Saturday, May 25th, 2013

World

Exclusive - Protective in lead for AXA U.S. insurance assets - sources

NEW YORK (Reuters) - U.S. insurer Protective Life Insurance is the leading candidate to buy some of AXA SA's U.S. life insurance assets in a deal that could be valued at ar...
March 27, 2013, 2:56 am
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Egypt activist released in case that raises fears for democracy

By Asma Alsharif
CAIRO (Reuters) - A prominent Egyptian political activist accused of inciting violence against President Mohamed Mursi's Muslim Brotherhood was released without bail on...
March 27, 2013, 2:49 am
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China, S.Africa seal new oil, rail deals

PRETORIA (AFP) - South Africa signed a raft of agreements with China on Tuesday, including on the construction of a world-class oil refinery and upgrading the country's rail and port networks.
March 27, 2013, 2:35 am

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Egypt unnerves investors by unexpectedly imposing new tax on bank takeover

By Ulf Laessing and Nadia El-Gowely
CAIRO (Reuters) - Egypt rattled investors on the Cairo stock market on Tuesday by unexpectedly announcing that a takeover of its second biggest priva...
March 27, 2013, 2:29 am

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U.S. Supreme Court wary of broad gay marriage ruling

By Lawrence Hurley and David Ingram
WASHINGTON (Reuters) - U.S. Supreme Court justices signalled a reluctance on Tuesday to rule broadly on the fundamental right to marriage for gays an...
March 27, 2013, 2:29 am

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Car bomb hits Syrian capital as rebels press closer

BEIRUT (Reuters) - A car bomb killed at least three people, wounded dozens and blew the windows out of buildings in north-eastern Damascus on Tuesday as rebel fighters stepped up attacks in the Syrian...
March 27, 2013, 2:11 am

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EU includes ISDA in credit derivatives investigation

By Foo Yun Chee
BRUSSELS (Reuters) - The International Swaps and Derivatives Association (ISDA) may have joined with investment banks to keep exchanges out of the credit derivatives mar...
March 27, 2013, 1:23 am
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WPP India unit sacks employees after sexist Ford ads

By Aradhana Aravindan
MUMBAI (Reuters) - An Indian unit of advertising group WPP has sacked employees over a series of ads, including one showing women tied up in the trun...
March 27, 2013, 1:12 am
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French unemployment rises, knocks consumer morale

By Leigh Thomas
PARIS (Reuters) - The number of people out of work in France climbed towards a record high in February, with the now 22-month rise taking an increasingly heavy toll on c...
March 27, 2013, 1:04 am

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EADS vote signals resurrection as "normal company"

By Tim Hepher and Cyril Altmeyer
PARIS (Reuters) - Airbus parent EADS faces the most far-reaching changes in its history as shareholders seek to balance French and German...
March 27, 2013, 12:57 am

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RBS split an option, but Osborne wary

LONDON (Reuters) - Splitting the state-backed Royal Bank of Scotland to rid it of bad assets is an option but would be a slow process, Britain's finance ministry said on Tuesday.
...
March 27, 2013, 12:33 am
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EU regulators investigate Nynas, Shell refinery deal

BRUSSELS (Reuters) - EU antitrust regulators are investigating a bid by Swedish refiner Nynas to acquire most units of Royal Dutch Shell's Harburg refinery, concerned that the combined ...
March 27, 2013, 12:15 am
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Taiwan to hold first major live-fire drill since 2008

TAIPEI (AFP) - Taiwan Tuesday unveiled plans for its biggest live-fire military exercise since 2008, aimed at reviewing the island's defence capability against a simulated Chinese invasion.
March 27, 2013, 12:09 am

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Deal on development bank eludes BRICS nations at summit

By Agnieszka Flak and Marina Lopes
DURBAN, South Africa (Reuters) - BRICS nations failed on Tuesday to resolve differences over funding for and the location of a proposed joint developm...
March 27, 2013, 12:06 am

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Junior bankers hardest hit by pay cuts - survey

LONDON (Reuters) - The most junior employees at banks are suffering the biggest impact from cuts in pay, according to a survey of UK financial services staff.
Financial services profess...
March 27, 2013, 12:00 am
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Investors seek common voice in dealings with boardrooms

By Chris Vellacott
LONDON (Reuters) - Britain's largest investor associations are teaming up to explore ways of giving shareholders a coherent voice in dealings with company boards on s...
March 26, 2013, 11:42 pm
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Gunmen kill wealthy Indian populist politician

NEW DELHI (AFP) - Attackers shot dead a multi-millionaire businessman and populist politician at his luxury farmhouse Tuesday on the outskirts of the Indian capital, police said.
March 26, 2013, 11:30 pm

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In snub to Assad, opposition takes Syria's Arab summit seat

By Sami Aboudi and Yara Bayoumy
DOHA (Reuters) - To applause from Arab heads of state, a foe of Bashar al-Assad took Syria's vacant seat at an Arab summit on Tuesday, deepening the pres...
March 26, 2013, 11:30 pm

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Basel proposes tougher rules for bank exposures

By Huw Jones
LONDON (Reuters) - Global regulators have proposed tougher rules from 2019 to stop big banks from building a level of risk on their books that would make them vulnerable if...
March 26, 2013, 11:27 pm
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Osborne defends austerity, says on right track

LONDON (Reuters) - Chancellor of the Exchequer George Osborne defended his austerity programme on Tuesday, saying tax cuts at the current juncture would jeopardise stability.
"I'm clear...
March 26, 2013, 11:12 pm

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