RBS fined $615 million for rate rigging
LONDON (Reuters) – Britain’s Royal Bank of Scotland will pay U.S. and British authorities $615 million and plead guilty to wire fraud in Japan to settle allegations it manipulated global benchmark interest rates.
Malone will avoid UK rights war with Murdoch’s BSkyB
LONDON (Reuters) – John Malone’s Liberty Global will avoid a battle with Rupert Murdoch’s BSkyB over expensive content like English Premier League soccer, the U.S. company said after agreeing to buy BSkyB’s biggest rival.
Time Warner’s profit beats Street, raises dividend
(Reuters) – Time Warner Inc reported fourth-quarter net income that beat estimates on Wednesday while the media company raised its dividend and started a new stock repurchase program, sending shares higher.
HSBC’s global spread left it open to crime-CEO
LONDON (Reuters) – HSBC was forced into its biggest restructuring in almost 150 years because the bank’s complex structure and wide geographical spread had made it attractive to criminals, its chief executive said.
Stock futures dip after Tuesday rally, earnings in focus
NEW YORK (Reuters) – Stock index futures dipped on Wednesday, indicating the S&P 500 may pull back from a rally of more than 1 percent a day earlier as the index struggles to push past 5-year highs.
Analysis: Low growth saps support for globalization as G20 meets
LONDON (Reuters) – From competitive devaluations to resource nationalism and financial fragmentation, the sinews of the global economy are feeling the strain of years of sub-par growth, adding urgency to the G20’s efforts to revive demand.
GSK promises growth this year after 2012 shortfall
LONDON (Reuters) – GlaxoSmithKline, Britain’s biggest drugmaker, renewed its promise to return to growth this year, after failing to deliver a hoped-for sales and margin recovery in 2012.
Analysis: Ackman can withstand a "short squeeze" rally in Herbalife
NEW YORK (Reuters) – For now, William Ackman is getting the better of Carl Icahn in a well-publicized grudge match between the billionaire investors over Herbalife Ltd .
Home Depot to hire 10,000 more seasonal workers in spring
(Reuters) – Home Depot Inc said it will hire 10,000 additional seasonal workers for its key spring selling season as it sees higher sales growth during the period.
Exclusive: SandRidge gives CEO wide scope to cut his own land deals
NEW YORK (Reuters) – SandRidge Energy Corp is giving its chief executive wide latitude to profit from personal oil-and-gas deals in ways that pose potential conflicts of interest with the company, according to a review of employment contracts and recen…
