Westlaw Business Currents - The Legal Lens on Business News http://currents.westlawbusiness.com/ReutersNews.aspx (c) 2010 Thomson Reuters. All rights reserved. en-us Fri, 30 Jul 2010 14:30:50 EDT Fri, 30 Jul 2010 14:30:50 EDT westlawbusiness-currents@thomsonreuters.com (Westlaw Business Currents Editorial Staff) Britain's largest surface coal mining company Scottish Resources has delayed its plan to float, joining other potential IPOs that have been postponed or foundered in a market that remains challenging...http://currents.westlawbusiness.com/Articles/2010/07/20100730_0006.aspx?src=RSSFri, 30 Jul 2010 14:00:04 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100730_0006.aspx?src=RSS New York Attorney General Andrew Cuomo has subpoenaed six additional insurers as the state widens a probe into possible fraud in the life insurance industry...http://currents.westlawbusiness.com/Articles/2010/07/20100730_0008.aspx?src=RSSFri, 30 Jul 2010 13:07:54 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100730_0008.aspx?src=RSS Walt Disney Co has agreed to sell Miramax, the studio behind such films as "Trainspotting" and "No Country for Old Men," for more than $660 million to Filmyard Holdings LLC...http://currents.westlawbusiness.com/Articles/2010/07/20100730_0003.aspx?src=RSSFri, 30 Jul 2010 08:26:41 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100730_0003.aspx?src=RSS The lure of Islamic bonds appears to be wearing off for conventional borrowers in the Gulf, even as the global industry grows, with high-profile defaults and rising costs souring their appeal...http://currents.westlawbusiness.com/Articles/2010/07/20100730_0007.aspx?src=RSSFri, 30 Jul 2010 04:43:42 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100730_0007.aspx?src=RSS Australia's GrainCorp has agreed to buy smaller rival AWB in an A$855 million ($769.6 million) surprise deal to bulk up against big global rivals like Bunge Ltd, Cargill and Glencore...http://currents.westlawbusiness.com/Articles/2010/07/20100730_0005.aspx?src=RSSFri, 30 Jul 2010 02:30:29 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100730_0005.aspx?src=RSS Billionaire Li Ka-shing has offered to buy UK power grids from France's EDF for 5.8 billion pounds ($9.1 billion), giving his companies a foothold in more lucrative overseas markets...http://currents.westlawbusiness.com/Articles/2010/07/20100730_0001.aspx?src=RSSFri, 30 Jul 2010 02:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100730_0001.aspx?src=RSS A patchy recovery in the United States is a big industry concern, in particular for Japanese carmakers, which rely heavily on that market for profits… http://currents.westlawbusiness.com/Articles/2010/07/20100729_0041.aspx?src=RSSThu, 29 Jul 2010 23:58:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0041.aspx?src=RSS Google Inc<GOOG.O> said its earlier report that Internet search services in China were being fully blocked could have been the result of a technical glitch that overstated the problem...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0040.aspx?src=RSSThu, 29 Jul 2010 21:01:21 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0040.aspx?src=RSS The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies...http://currents.westlawbusiness.com/Articles/2010/07/20100730_0002.aspx?src=RSSThu, 29 Jul 2010 19:52:47 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100730_0002.aspx?src=RSS Toyota Motor Corp <7203.T> is considering offering cash incentives of 50,000 yen ($580) per car to its dealers throughout Japan from Oct. 1, the Tokyo Shimbun newspaper reported on Friday...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0039.aspx?src=RSSThu, 29 Jul 2010 19:42:47 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0039.aspx?src=RSS Bank regulators have issued a final rule that would require mortgage loan originators to register with a national registry of mortgage loan originators as part of... http://currents.westlawbusiness.com/Articles/2010/07/20100729_0030.aspx?src=RSSThu, 29 Jul 2010 17:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0030.aspx?src=RSS The Justice Department said it sued Oracle Corp, alleging it defrauded the federal government on a software contract in effect from 1998 to 2006 that... http://currents.westlawbusiness.com/Articles/2010/07/20100729_0037.aspx?src=RSSThu, 29 Jul 2010 16:30:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0037.aspx?src=RSS Volkswagen will keep adding to its more than $20 billion cash pile as it girds for an acquisition spree that could help it overtake Toyota as the world's number one carmaker before the decade is out...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0018.aspx?src=RSSThu, 29 Jul 2010 12:26:40 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0018.aspx?src=RSS More than 2,000 miles from the Gulf of Mexico shoreline, lawyers were set to argue before a judicial panel on how hundreds of spill-related lawsuits against BP Plc should be merged...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0019.aspx?src=RSSThu, 29 Jul 2010 11:56:13 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0019.aspx?src=RSS China's Ministry of Commerce has approved a plan by the parent of Geely Automobile to acquire Ford's Volvo unit, the official Xinhua news agency said...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0017.aspx?src=RSSThu, 29 Jul 2010 11:03:58 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0017.aspx?src=RSS Clearwire Corp has agreed to rent space on its network to Best Buy Co Inc so that the electronics retailer can sell wireless services directly to consumers, the companies said...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0011.aspx?src=RSSThu, 29 Jul 2010 10:43:32 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0011.aspx?src=RSS Hertz Global Holdings Inc is reviewing Avis Budget Group Inc's bid for Dollar Thrifty Automotive Group, a company spokesperson told Reuters...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0009.aspx?src=RSSThu, 29 Jul 2010 08:55:18 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0009.aspx?src=RSS Britain's PartyGaming and Austria's bwin unveiled a deal to create a $3.3-billion online gaming business, positioning them to profit from any deregulation of a lucrative U.S. market...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0013.aspx?src=RSSThu, 29 Jul 2010 08:08:27 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0013.aspx?src=RSS Russia will open its most ambitious privatization programme since the 1990s to foreign investors, its economy minister said, while the government gave its initial approval to the... http://currents.westlawbusiness.com/Articles/2010/07/20100729_0014.aspx?src=RSSThu, 29 Jul 2010 07:45:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0014.aspx?src=RSS The Financial Services Authority regulator is planning tougher curbs on bankers' bonuses following plans by the European Union to clamp down on remuneration in the sector following the credit crisis...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0022.aspx?src=RSSThu, 29 Jul 2010 07:24:57 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0022.aspx?src=RSS Pay-TV firm BSkyB added 90,000 customers in the fourth quarter on surging demand for high definition services, and sees new American dramas fuelling growth ahead of a possible takeover...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0005.aspx?src=RSSThu, 29 Jul 2010 04:15:13 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0005.aspx?src=RSS Metro Bank, Britain's first new High Street retail bank in more than 100 years, opened for business with high hopes of breaking into a sector shaken up by the global credit crisis...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0006.aspx?src=RSSThu, 29 Jul 2010 03:24:45 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0006.aspx?src=RSS Indonesia expects foreign direct investment to rise more than expected this year, as new and existing investors are drawn by strong consumer demand and increased stability in Southeast Asia's biggest economy...http://currents.westlawbusiness.com/Articles/2010/07/20100729_0001.aspx?src=RSSThu, 29 Jul 2010 01:32:54 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0001.aspx?src=RSS Saudi Aramco has signed contracts with international firms to build a multi-billion dollar refinery at Yanbu on Saudi Arabia's Red Sea coast... http://currents.westlawbusiness.com/Articles/2010/07/20100729_0002.aspx?src=RSSThu, 29 Jul 2010 01:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0002.aspx?src=RSS Malaysian billionaire Ananda Krishnan is set to buyout utilities and gaming company Tanjong Plc, the second of his listed firms in three days in a deal worth 4.4 billion ringgit ($1.38 billion)...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0032.aspx?src=RSSWed, 28 Jul 2010 22:20:28 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0032.aspx?src=RSS British media buying group Aegis is in late stage talks to buy Mitchell Communication Group, its Australian rival, for 200 million pounds ($312.4 million), the Daily Telegraph said...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0031.aspx?src=RSSWed, 28 Jul 2010 21:20:50 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0031.aspx?src=RSS Alex Rodriguez, the New York Yankees third baseman, has objected to the Texas Rangers' proposed bankruptcy plan on concern he may not be paid the $24.9 million of... http://currents.westlawbusiness.com/Articles/2010/07/20100729_0012.aspx?src=RSSWed, 28 Jul 2010 18:45:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0012.aspx?src=RSS The IMF has softened its criticism of China's currency regime in recognition of Beijing's efforts to free up its exchange rate but the move showed a split among the Fund's member countries...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0033.aspx?src=RSSWed, 28 Jul 2010 17:06:53 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0033.aspx?src=RSS A New York judge put two shareholder lawsuits against executives and directors of Goldman Sachs Group Inc on hold until progress is made on 16 other lawsuits related to a...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0030.aspx?src=RSSWed, 28 Jul 2010 13:59:53 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0030.aspx?src=RSS A day after BP said it would sell $30 billion in assets to pay for its Gulf of Mexico oil spill, the focus shifted to what is for sale, while lawyers prepared to tackle a mountain of claims for damages...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0026.aspx?src=RSSWed, 28 Jul 2010 10:59:38 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0026.aspx?src=RSS After years of seeking a cost-cutting merger in stainless steel, ArcelorMittal is giving up the fight and says it wants to spin off its activities instead...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0021.aspx?src=RSSWed, 28 Jul 2010 10:56:19 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0021.aspx?src=RSS Industrial & Commercial Bank of China, the world's most valuable bank, plans to raise up to 45 billion yuan ($6.64 billion) through a rights offer, the latest in a... http://currents.westlawbusiness.com/Articles/2010/07/20100728_0029.aspx?src=RSSWed, 28 Jul 2010 10:40:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0029.aspx?src=RSS Casey's General Stores said it would buy back $500 million worth of common stock as part of a recapitalization plan that could derail Canada's Alimentation Couche-Tard Inc's... http://currents.westlawbusiness.com/Articles/2010/07/20100728_0023.aspx?src=RSSWed, 28 Jul 2010 10:30:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0023.aspx?src=RSS It's a case that has left Warren Buffett's Dairy Queen business cold...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0018.aspx?src=RSSWed, 28 Jul 2010 09:17:18 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0018.aspx?src=RSS Several U.S. government agencies are preparing a criminal probe of at least three companies involved in the massive oil spill in the Gulf of Mexico, though it could take more than a...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0015.aspx?src=RSSWed, 28 Jul 2010 07:35:53 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0015.aspx?src=RSS Cable operator Virgin Media has launched a share buyback to reflect its growing confidence, after adding a better-than-expected 9,100 new customers in its traditionally tough second quarter...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0019.aspx?src=RSSWed, 28 Jul 2010 06:49:55 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0019.aspx?src=RSS BAE Systems and Rolls-Royce will supply India with 57 Hawk military training jets in a deal worth around 700 million sterling ($1.09 billion)... http://currents.westlawbusiness.com/Articles/2010/07/20100728_0025.aspx?src=RSSWed, 28 Jul 2010 06:30:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0025.aspx?src=RSS Shares of Aluminum Corp of China Ltd (Chalco) were suspended, as its state-run parent said it would hold a signing ceremony on Thursday likely to be attended by Rio Tinto executives...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0004.aspx?src=RSSWed, 28 Jul 2010 04:39:32 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0004.aspx?src=RSS Spain's Telefonica appears to have won its long battle for a bigger share of the Brazilian market after raising its offer for Portugal Telecom's stake in mobile operator Vivo to 7.5 billion euros...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0006.aspx?src=RSSWed, 28 Jul 2010 04:26:41 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0006.aspx?src=RSS British Prime Minister David Cameron tried to persuade India to do more business with Britain as he seeks new sources of economic growth to offset deep cuts in public spending at home...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0007.aspx?src=RSSWed, 28 Jul 2010 04:20:08 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0007.aspx?src=RSS Aviva Plc, Britain's second largest insurer, wants to boost its stake in its Indian joint venture to 49 percent as soon as regulations allow, its chief executive told Reuters in an interview...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0005.aspx?src=RSSWed, 28 Jul 2010 03:45:46 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0005.aspx?src=RSS Billionaire financier George Soros is in advanced talks to buy a 4 percent stake in Bombay Stock Exchange (BSE) for $35-$40 million...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0001.aspx?src=RSSWed, 28 Jul 2010 02:07:44 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0001.aspx?src=RSS Egyptian real estate firm SODIC, seeking new land near its flagship Allegria project, said it had bid for 410 feddans (426 acres) in the Cairo suburb of Sheikh Zayed City...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0002.aspx?src=RSSWed, 28 Jul 2010 01:41:24 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0002.aspx?src=RSS Dubai's pledge to cover gaps in Dubai World's debt repayment plan has become a sticking point for lenders, some of whom want state guarantees to fall under British -- not local -- law...http://currents.westlawbusiness.com/Articles/2010/07/20100728_0003.aspx?src=RSSWed, 28 Jul 2010 00:31:23 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0003.aspx?src=RSS A botched share swap last month in which 10 times more US Bancorp shares were issued than planned, angering and confusing investors, led the NYSE to cancel three days of trades in the stock... http://currents.westlawbusiness.com/Articles/2010/07/20100728_0012.aspx?src=RSSTue, 27 Jul 2010 22:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0012.aspx?src=RSS Casino operator MGM Resorts International plans to sell the land under its joint-venture Borgata resort in Atlantic City, New Jersey, for about $73 million... http://currents.westlawbusiness.com/Articles/2010/07/20100728_0017.aspx?src=RSSTue, 27 Jul 2010 19:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0017.aspx?src=RSS Walt Disney Co will acquire start-up Playdom Inc for $563.2 million, as the media giant aims to take a leading role in the fast-growing market for games played on... http://currents.westlawbusiness.com/Articles/2010/07/20100728_0027.aspx?src=RSSTue, 27 Jul 2010 19:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100728_0027.aspx?src=RSS Corporations in the United States are in "much better shape" than the market is pricing, and present strong growth opportunities even if the economy slips into a "double dip" recession...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0042.aspx?src=RSSTue, 27 Jul 2010 18:32:36 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0042.aspx?src=RSS The following are lists of upcoming high-grade and high-yield corporate bond offerings in the United States... http://currents.westlawbusiness.com/Articles/2010/07/20100729_0015.aspx?src=RSSTue, 27 Jul 2010 17:10:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0015.aspx?src=RSS Private equity firms Clayton, Dubilier & Rice and Goldman Sachs' unit GS Capital Partners are to buy medical products provider HGI Holdings from another buyout firm... http://currents.westlawbusiness.com/Articles/2010/07/20100727_0026.aspx?src=RSSTue, 27 Jul 2010 15:15:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0026.aspx?src=RSS Russian metals giant Norilsk Nickel said it was ready to publish all the ballots cast in the board elections to counter allegations from UC RUSAL that it had manipulated the results...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0022.aspx?src=RSSTue, 27 Jul 2010 13:15:48 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0022.aspx?src=RSS European Union competition regulators launched two anti-trust investigations against International Business Machines Corp, suspecting it of abusing its dominant position in the mainframe computer market...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0005.aspx?src=RSSTue, 27 Jul 2010 12:58:50 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0005.aspx?src=RSS BP Plc said the U.S. markets regulator Securities and Exchange Commission and the Justice Department had launched a probe into market trading connected to the oil giant's Gulf of Mexico oil spill...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0018.aspx?src=RSSTue, 27 Jul 2010 12:58:45 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0018.aspx?src=RSS The court-appointed examiner investigating Tribune Co's bankruptcy said he had found some evidence of dishonesty in the 2007 leveraged buyout of the media company by real estate developer Sam Zell...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0020.aspx?src=RSSTue, 27 Jul 2010 12:34:41 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0020.aspx?src=RSS U.S. housing data boosts global stocks...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0004.aspx?src=RSSTue, 27 Jul 2010 12:29:09 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0004.aspx?src=RSS Goldman Sachs said it is launching a service to facilitate central clearing for clients in all listed and privately traded derivatives asset classes...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0023.aspx?src=RSSTue, 27 Jul 2010 12:16:10 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0023.aspx?src=RSS Major international banks Goldman Sachs and Credit Suisse have bought small stakes in state-run Bank of Moscow, an encouraging sign for Russia as it... http://currents.westlawbusiness.com/Articles/2010/07/20100727_0025.aspx?src=RSSTue, 27 Jul 2010 12:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0025.aspx?src=RSS Investors are alleging more losses than ever before when they sue companies for securities fraud, though the pace of such lawsuits seeking class-action lawsuits has... http://currents.westlawbusiness.com/Articles/2010/07/20100727_0028.aspx?src=RSSTue, 27 Jul 2010 11:45:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0028.aspx?src=RSS The billionaire Barclay brothers sold their 10.4 percent stake in InterContinental Hotel Group Plc for 335 million pounds ($520 million), sending shares in the... http://currents.westlawbusiness.com/Articles/2010/07/20100727_0027.aspx?src=RSSTue, 27 Jul 2010 10:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0027.aspx?src=RSS JFE Holdings Inc, the world's No.5 steelmaker, will spend about $1 billion for a 14.9 percent stake in India's JSW Steel Ltd, in an attempt to... http://currents.westlawbusiness.com/Articles/2010/07/20100727_0012.aspx?src=RSSTue, 27 Jul 2010 09:30:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0012.aspx?src=RSS UAL Corp and Continental Airlines Inc said that John Tague, president of UAL's United Airlines, and UAL Chief Financial Officer Kathryn Mikells will leave the company following the close of...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0011.aspx?src=RSSTue, 27 Jul 2010 09:17:26 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0011.aspx?src=RSS Merck & Co said it struck a deal with Sinopharm Group Co Ltd to market the U.S. drugmaker's cervical cancer vaccine and other vaccines in China... http://currents.westlawbusiness.com/Articles/2010/07/20100727_0010.aspx?src=RSSTue, 27 Jul 2010 08:45:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0010.aspx?src=RSS Two telecom operator-backed software groups are merging to counter increasing competition from new rivals Google and Apple for mobile phone applications...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0009.aspx?src=RSSTue, 27 Jul 2010 08:31:24 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0009.aspx?src=RSS Over one-third of investors expect Europe's banks to raise significant capital in the next six months following a health check that forced little fundraising but... http://currents.westlawbusiness.com/Articles/2010/07/20100727_0014.aspx?src=RSSTue, 27 Jul 2010 07:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0014.aspx?src=RSS French banks looked to benefit the most from a scale-back of looming capital requirements known as Basel III as investors pushed their shares to 2-1/2 month highs, leading a sector-wide advance...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0021.aspx?src=RSSTue, 27 Jul 2010 05:49:30 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0021.aspx?src=RSS Angel Broking, a stock broking and wealth management firm, is in talks with private equity firms to raise as much as 3 billion rupees ($64 million), said three sources with direct knowledge of the matter...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0041.aspx?src=RSSTue, 27 Jul 2010 05:44:07 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0041.aspx?src=RSS India's central bank raised interest rates more forcefully than expected in the face of inflation that has held stubbornly above 10 percent for the past five months... http://currents.westlawbusiness.com/Articles/2010/07/20100727_0007.aspx?src=RSSTue, 27 Jul 2010 02:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0007.aspx?src=RSS Ageas, formerly known as Fortis, has agreed to sell its Turkish insurance business to BNP Paribas, a further step in the Belgium-based group's streamlining of its operations...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0001.aspx?src=RSSTue, 27 Jul 2010 01:30:05 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0001.aspx?src=RSS Kazakhstan aims to handle half of the Caspian Sea's commodity cargoes by 2013 after expanding its fleet of oil tankers with the help of private investors...http://currents.westlawbusiness.com/Articles/2010/07/20100727_0003.aspx?src=RSSTue, 27 Jul 2010 01:05:12 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0003.aspx?src=RSS Chinese developer Shimao Property Holdings said it hired banks to help arrange a series of meetings with investors ahead of a planned dollar bond issue…http://currents.westlawbusiness.com/Articles/2010/07/20100726_0026.aspx?src=RSSMon, 26 Jul 2010 23:15:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0026.aspx?src=RSS China's banking regulator has run stress tests in the country's trust firms to see if they can withstand a downturn in the property sector, the Economic Observer reported on Saturday, citing unidentified industry sources… http://currents.westlawbusiness.com/Articles/2010/07/20100726_0024.aspx?src=RSSMon, 26 Jul 2010 23:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0024.aspx?src=RSS Japanese government bonds were little changed in a market struggling to find short-term cues after the results of European bank stress tests and ahead of economic data at... http://currents.westlawbusiness.com/Articles/2010/07/20100727_0013.aspx?src=RSSMon, 26 Jul 2010 22:15:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0013.aspx?src=RSS Qatar Telecom faces an unspecified fine and possible further legal action over violations during its launch of Virgin Mobile services into the Gulf state...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0002.aspx?src=RSSMon, 26 Jul 2010 12:40:59 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0002.aspx?src=RSS DLF is buying out the stake held by Dubai World's property arm in an equal joint venture in India for about 2 billion rupees ($43 million)...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0001.aspx?src=RSSMon, 26 Jul 2010 12:39:56 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0001.aspx?src=RSS Dubai World warned that lenders, aside from the government's own support fund, would face a "significantly" worse deal if its debt plan fails and it is forced to seek liquidation...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0004.aspx?src=RSSMon, 26 Jul 2010 12:33:51 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0004.aspx?src=RSS Pace, the world's largest set-top box maker, has agreed to buy U.S. broadband technology firm 2Wire for $475 million to broaden its customer base beyond cable and satellite into the Internet TV market...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0019.aspx?src=RSSMon, 26 Jul 2010 11:27:11 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0019.aspx?src=RSS BC Partners has agreed to sell French frozen-food firm Picard Surgeles to rival Lion Capital, highlighting the keen appetite of private equity firms to strike deals in the recession-resilient food industry...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0018.aspx?src=RSSMon, 26 Jul 2010 11:11:27 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0018.aspx?src=RSS Shares of the company rose 25 percent to 99 cents before paring gains to trade 14 percent up at 91 cents on Nasdaq... http://currents.westlawbusiness.com/Articles/2010/07/20100726_0012.aspx?src=RSSMon, 26 Jul 2010 10:45:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0012.aspx?src=RSS Malaysian state investor Khazanah trumped India's Fortis Healthcare in a takeover battle for Singapore's Parkway with an offer that values Asia's biggest listed hospital operator at $3.3 billion...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0014.aspx?src=RSSMon, 26 Jul 2010 10:21:23 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0014.aspx?src=RSS William Chase, owner of the only premium potato-based vodka distillery in Britain, plans to take on much larger, mass-produced luxury brands in the U.S. market, Chase told Reuters...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0007.aspx?src=RSSMon, 26 Jul 2010 05:15:36 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0007.aspx?src=RSS China Everbright Bank's plan to raise up to $2.9 billion in a Shanghai IPO has been approved by the securities regulator, two sources said, in what will be the latest Chinese bank to try and...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0008.aspx?src=RSSMon, 26 Jul 2010 05:15:08 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0008.aspx?src=RSS The European Union's new financial supervisory bodies should not be able to directly regulate a domestic bank, a government minister said...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0009.aspx?src=RSSMon, 26 Jul 2010 04:52:03 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0009.aspx?src=RSS Britain's FTSE 100 .FTSE index is seen opening up 30-44 points, or as much as 0.8 percent higher on Monday, according to financial bookmakers, bouncing back after a... http://currents.westlawbusiness.com/Articles/2010/07/20100729_0016.aspx?src=RSSMon, 26 Jul 2010 02:00:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0016.aspx?src=RSS Carlyle Group has agreed to sell Kbro, Taiwan's largest cable TV operator, to the controlling shareholder of Taiwan Mobile in a deal worth about... http://currents.westlawbusiness.com/Articles/2010/07/20100726_0015.aspx?src=RSSMon, 26 Jul 2010 01:45:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0015.aspx?src=RSS The BlackBerry, made by Canada's Research In Motion, is open to misuse that poses security risks to the United Arab Emirates, which said on Sunday it would seek to safeguard its consumers and laws...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0003.aspx?src=RSSMon, 26 Jul 2010 01:05:38 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0003.aspx?src=RSS Bahrain plans to privatise national carrier Gulf Air as soon as possible encouraged by positive results in its restructuring...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0005.aspx?src=RSSMon, 26 Jul 2010 01:00:26 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0005.aspx?src=RSS The Egyptian unit of Vodafone may have overtaken Mobinil last quarter as the country's largest provider of mobile phone subscriptions...http://currents.westlawbusiness.com/Articles/2010/07/20100726_0006.aspx?src=RSSMon, 26 Jul 2010 00:55:37 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100726_0006.aspx?src=RSS The African Union said Africa must turn ever more to China for its development because conditions and checks often stalled the flow of funds from Western nations and the World Bank…http://currents.westlawbusiness.com/Articles/2010/07/20100725_0005.aspx?src=RSSSun, 25 Jul 2010 22:30:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100725_0005.aspx?src=RSS Taiwan's Tsai family, which controls Taiwan Mobile, will buy Carlyle Group's Taiwan cable TV unit Kbro in a T$65 billion ($2 billion) deal, local media reported...http://currents.westlawbusiness.com/Articles/2010/07/20100725_0004.aspx?src=RSSSun, 25 Jul 2010 22:00:44 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100725_0004.aspx?src=RSS A groundbreaking $9 billion agreement signed by Egypt this week should help it meet growing domestic and foreign gas commitments by boosting supplies and encouraging new exploration...http://currents.westlawbusiness.com/Articles/2010/07/20100725_0002.aspx?src=RSSSun, 25 Jul 2010 12:05:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100725_0002.aspx?src=RSS Vodafone Qatar and Qatar Telecom on Saturday both welcomed a ruling by regulators in a dispute over Virgin Mobile's entry to the local market, but there were signs the battle may have further to run...http://currents.westlawbusiness.com/Articles/2010/07/20100725_0001.aspx?src=RSSSun, 25 Jul 2010 12:03:17 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100725_0001.aspx?src=RSS German airport operator Fraport is in talks with a Chinese partner as it seeks expansion opportunities overseas, the German firm's chief financial officer told Frankfurter Allgemeine Sonntagszeitung...http://currents.westlawbusiness.com/Articles/2010/07/20100725_0003.aspx?src=RSSSun, 25 Jul 2010 09:19:57 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100725_0003.aspx?src=RSS Indian Prime Minister Manmohan Singh reiterated his prediction headline inflation would ease to 6 percent by December, a forecast more optimistic than that... http://currents.westlawbusiness.com/Articles/2010/07/20100727_0006.aspx?src=RSSSat, 24 Jul 2010 02:30:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100727_0006.aspx?src=RSS Seven European banks would not be strong enough to withstand another recession and would face a capital shortfall of 3.5 billion euros ($4.5 billion), tests run in an attempt to revive investor confidence...http://currents.westlawbusiness.com/Articles/2010/07/20100723_0007.aspx?src=RSSFri, 23 Jul 2010 13:14:33 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100723_0007.aspx?src=RSS Gold miner Kinross is set to rake in a windfall from the sale of its stake in diamond miner and retailer Harry Winston and its interest in the Diavik diamond mine in Canada's far north... http://currents.westlawbusiness.com/Articles/2010/07/20100723_0006.aspx?src=RSSFri, 23 Jul 2010 12:30:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100723_0006.aspx?src=RSS British aircraft engine maker Rolls-Royce said it secured $1.7 billion in orders at the Farnborough Airshow, including deals for its Trent 700 engine, the leading engine for the Airbus A330...http://currents.westlawbusiness.com/Articles/2010/07/20100723_0008.aspx?src=RSSFri, 23 Jul 2010 11:32:44 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100723_0008.aspx?src=RSS China's Chery Automobile Co said on Friday it was unaware of a U.S. case of alleged theft of GM technology that had been linked to the Chinese firm... http://currents.westlawbusiness.com/Articles/2010/07/20100729_0007.aspx?src=RSSFri, 23 Jul 2010 06:40:00 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100729_0007.aspx?src=RSS With the results of stress tests on 91 European banks looming, financial institutions have been coming up with their own scenarios of what to expect...http://currents.westlawbusiness.com/Articles/2010/07/20100723_0003.aspx?src=RSSFri, 23 Jul 2010 04:39:20 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100723_0003.aspx?src=RSS Several Spanish savings banks fail stress test - report...http://currents.westlawbusiness.com/Articles/2010/07/20100723_0001.aspx?src=RSSFri, 23 Jul 2010 04:33:27 EDThttp://currents.westlawbusiness.com/Articles/2010/07/20100723_0001.aspx?src=RSS