Basel watchdog wants standardized assessment of banks’ capital
LONDON (Reuters) – Global regulators have outlined measures to ensure capital held by banks does not fall below a certain level and to adopt a more consistent approach across the industry to measuring risk.
Thales CEO succession stalled as shareholders split: sources
PARIS (Reuters) – Thales’ top shareholders are at odds over its plan for a dual leadership structure that may change their influence at the French defense electronics maker, sources familiar with the matter said on Monday.
Saudi’s Naimi says OPEC will not cut output however far oil falls: MEES
LONDON (Reuters) – Saudi Arabia convinced its fellow OPEC members that it is not in the group’s interest to cut oil output however far prices may fall, the kingdom’s oil minister Ali al-Naimi said in an interview with the Middle East Economic Survey (M…
UK to extend Libor manipulation laws to cover gold, oil, silver
LONDON (Reuters) – Britain will widen the scope of laws which make the manipulation of market benchmarks a criminal offense to include seven more rates covering the currency, gold, oil and silver markets by April 1, the government said on Monday.
Top bankers need to take cyber threat seriously: BoE
LONDON (Reuters) – Top British bankers and other senior executives in the financial services industry are not taking the risk of cyber attacks seriously enough, financial policymakers at the Bank of England say.
Airbus delivers first A350, rules out cancelling A380 project
TOULOUSE, France (Reuters) – European planemaker Airbus delivered its first A350 mid-sized jetliner to Qatar Airways on Monday and moved to end speculation about the future of its larger A380 superjumbo.
Oil prices likely to rebound in second half of 2015: Reuters poll
(Reuters) – Crude oil prices are likely to bottom out in the first half of 2015, until a possible slowdown in U.S. shale production counters a supply glut exacerbated by OPEC’s decision not to cut output, a Reuters monthly survey showed.
Co-founder of India’s SpiceJet seeks time to finalize rescue
NEW DELHI (Reuters) – A co-founder of troubled Indian carrier SpiceJet Ltd has asked for more time to finalize a rescue plan, a government official with direct knowledge of the matter said on Monday.
Air China signs deal to purchase 60 Boeing B737 aircraft
BEIJING (Reuters) – Air China Ltd , the country’s flag carrier, said Monday it signed an agreement to order 60 Boeing B737 planes for a total price of $5.9 billion.
UK watchdog to probe PwC over Tesco accounting scandal
LONDON (Reuters) – Britain’s accounting watchdog, the Financial Reporting Council (FRC), said on Monday it had launched an inquiry into PwC [PWC.UL] over its auditing of Tesco’s 2012, 2013 and 2014 accounts.
