Daily Archives: January 6, 2013
Banks near $10bn foreclosure agreement
Largest US lenders are close to a deal with regulators to resolve claims that they broke rules by seizing homes of defaulting customers More »
Sony rejoins BMG for Parlophone bid
Move will heighten competition for the labels that regulators forced Vivendi’s Universal to sell as a condition of its £1.2bn purchase of EMI last year More »
Bankruptcy regime for nations urged
Many say rulings against Argentina highlight the weakness of current approach to government debt workouts and urge revisiting IMF’s 2002 proposal More »
Cracks widen in US debt ceiling debate
Politicians air their stark differences over how to divide the burden for deficit reduction between new taxes and fresh spending cuts More »
How bad language can catch financial rogues
More than 3,000 key words and phrases used in emails among employees engaged in wrongdoing have been identified via anti-fraud technology More »
Venezuelans contemplate life after Chávez
If the ailing leader is forced to relinquish power, all eyes will be on Nicolás Maduro, who was named heir to the so-called ‘Bolivarian revolution’ More »
UK companies respond to pressure on pay
Rises in executives’ pay becoming aligned with those of other employees as shareholders stepped up their campaign to keep remuneration in check More »
Banks win more flexible Basel rules
Banks will be able to count a wider range of assets toward requirements, including some equities and mortgage-backed securities More »
Londonderry hopes title will transform image
Year-long programme of cultural events aims to stimulate arts, tourism and urban regeneration in one of the UK’s most disadvantaged cities More »
Missoni chief’s flight goes missing in Venezuela
Business head of the Italian fashion dynasty Vittorio Missoni has disappeared in a light aircraft off the coast of South America More »
Big displays of ambition in China handsets
Local manufacturers are following global brands into the supposedly higher-margin segment of ‘phablets’, with bigger screens and tablet-like features More »
France hints at lowering 75% tax rate
Struck-down supertax may return at lower threshold but last for the rest of its five-year mandate, not just the two years initially proposed More »
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