UBS has whistleblower deal in Brazil currency investigation: paper
SAO PAULO (Reuters) – Swiss lender UBS AG made a whistleblower deal with Brazilian authorities investigating the suspected rigging of Brazil’s currency market and will receive no punishment in the case, a local newspaper reported on Friday.
China hunts for ‘manipulators’ as stocks tumble
SHANGHAI (Reuters) – Chinese stocks tumbled again on Friday, taking the week’s losses to more than 10 percent, as the securities regulator said it was investigating suspected market manipulation and announced a slew of measures aimed at heading off a f…
European bonds and stocks on the defensive before tight Greek vote
LONDON (Reuters) – European bonds and stocks traded cautiously on Friday before a Greek referendum on EU-prescribed reforms that could determine the country’s future in the euro zone and which polls suggest could go either way.
China’s Li Ning says vice-chairman Kim resigns, names new director
HONG KONG (Reuters) – Chinese sportswear maker Li Ning Co Ltd said on Friday that Jin-Goon Kim, formerly interim CEO, had resigned as executive director and executive vice-chairman with effect from July 4 to pursue other business commitments.
BP reaches $18.7 billion settlement over deadly 2010 spill
HOUSTON (Reuters) – BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history.
Wall St. edged down on Greece worries, tepid U.S. data
(Reuters) – U.S. stocks closed down slightly on Thursday after the International Monetary Fund warned Greece ahead of its Sunday referendum that it faces a huge financial hole, and mixed jobs data dampened the U.S. economic outlook.
Exclusive: ING on course to win auction for HSBC’s Turkish bank – sources
ISTANBUL/LONDON (Reuters) – Dutch lender ING Group is set to win the auction to buy HSBC’s Turkish business, people familiar with the matter said on Thursday.
BP reaches $18.7 billion settlement over deadly 2010 spill
HOUSTON (Reuters) – BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history.
Heinz completes Kraft purchase, Buffett joins board
(Reuters) – H.J. Heinz Co on Thursday completed its purchase of Kraft Foods Group Inc, creating the third largest food and beverage company in North America and fifth largest worldwide.
Mixed U.S. jobs report dampens September rate hike bets
WASHINGTON (Reuters) – U.S. job growth slowed in June and Americans left the labor force in droves, tempering expectations for a September interest rate hike from the Federal Reserve.
