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 »