Greece mulls swapping bailout loans with 50-year bond issue: source
ATHENS (Reuters) – Greece is looking into swapping a big chunk of its bailout loans with a 50-year government bond as a way to achieve debt relief once it attains a primary budget surplus this year, an official close to the discussions told Reuters on …
FINRA mulls insurance for brokerage firms: WSJ
CHICAGO (Reuters) – The U.S. Financial Industry Regulatory Authority may require brokerage firms to carry insurance to cover the payment of arbitration awards to investors, the Wall Street Journal reported on Saturday.
Chevron says returning workers to U.S. Gulf of Mexico assets
HOUSTON (Reuters) – Chevron Corp was returning workers to offshore platforms and restoring operations to normal on Saturday in U.S.-regulated areas of the northern Gulf of Mexico following the passage of weakening Tropical Storm Karen, according to a s…
U.S. government shutdown forces Cargill, Smithfield to change hog pricing
CHICAGO (Reuters) – U.S. meat packers Smithfield Foods Inc and Cargill Inc said they will change the methods they use to determine what price to pay for hogs on Monday because of the partial U.S. government shutdown.
Rosneft’s Sechin says TNK-BP minorities offer ‘completely fair’
MOSCOW (Reuters) – Minority shareholders in TNK-BP Holding should not complain about the price Rosneft offered for their shares as it is at a premium to their market value, Russian media quoted Rosneft head Igor Sechin as saying on Saturday.
Dubai wants to be center for Islamic business
DUBAI (Reuters) – Dubai unveiled plans on Saturday to become a center for business that follows Islamic principles in areas from banking and insurance to food processing, tourism and education.
Audit of Areva mines in Niger to conclude this month: ambassador
NIAMEY (Reuters) – An audit of Areva’s uranium mines in Niger to determine cost reductions in a new long-term contract is likely to be completed before the end of this month, France’s ambassador to Niger said.
Indian customs clear remaining gold at Mumbai airport: officials
MUMBAI (Reuters) – India’s customs department has cleared more than a ton of gold, part of which was owned by Bank of Nova Scotia , the biggest gold importing bank, at Mumbai airport after rule clarifications at a high-level meeting held last month, in…
Alior with PZU also interested in Rabobank’s BGZ: sources
WARSAW (Reuters) – Polish lender Alior , backed by the region’s top insurer PZU , is interested in buying local rival BGZ from its Dutch parent Rabobank in a deal that could be worth some $1.2 billion, market sources told Reuters.
Cooper Tire asks court to compel Apollo to close $2.5 billion deal
(Reuters) – Cooper Tire & Rubber Co on Friday said it has filed a complaint in a U.S. court to push India’s Apollo Tyres to close its $2.5 billion acquisition of the American company in a timely manner.
