Daily Archives: January 13, 2013
U.S. regulators, Deutsche Bank in settlement talks in manipulation case
The U.S. Federal Energy Regulatory Commission is in settlement talks with Deutsche Bank AG, which disputed $1.6 million in proposed penalties after the agency said a bank unit manipulated energy markets. More »
Hazardous smog blankets Beijing
People refuse to venture outdoors and buildings disappear into the murky skyline as Chinese capital is blanketed in a thick layer of hazardous smog More »
EU redrafts plan for bank rescue funding
Proposal would force struggling countries to either invest in failing banks alongside the European Stability Mechanism, or guarantee it against any losses More »
Big banks on thin ground with margins
JPMorgan, Bank of America and Citigroup are expected to find profits have been squeezed by the Federal Reserve’s policy of ultra-low interest rates More »
EU to foster unified telecoms market
Commissioner voices determination to harmonise industry across borders and says “various forms of asset sharing can promote competition” More »
Forces fight over Damascus suburb
Loyalists of President Bashar al-Assad were advancing into the Daraya district south of the capital to cut off one of the main routes for rebel fighters More »
Confusion persists over Herbalife
The row over the nutritional supplements group’s business model this week highlights the question of where the money comes from More »
Wells Fargo dominates post-crisis lending
The Des Moines bank is provoking concern after amassing nearly 40% of new and refinanced loans as regulations redraw the US housing market More »
Detroit showcases global car trend
Among the vehicles to be unveiled at the Detroit auto show will be new models in the Fiat 500 range, as manufacturers import designs from struggling European markets More »
Court orders retrial for Mubarak
Egypt’s former president was found guilty last June of failing to stop the killings of hundreds of demonstrators during the 2011 uprising which toppled his rule More »
Abe raises inflation pressure on BoJ
Japan’s prime minister calls on the country’s central bank to step up its fight against deflation by saying he wants a 2 per cent target More »
Netanyahu vows to build on disputed land
Israel’s prime minister has said he will push ahead with building a Jewish settlement of 3,000 units on land east of Jerusalem More »
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