UK fraud prosecutor poised for more Libor charges
LONDON (Reuters) – Britain’s leading prosecutor, the Serious Fraud Office (SFO), is poised to charge more individuals in connection with a global investigation into the Libor interest rate rigging scandal.
Appeals court revives Microsoft claim against Google
WASHINGTON (Reuters) – A federal appeals court on Thursday instructed the U.S. International Trade Commission to reconsider a ruling that gave Google Inc a victory over Microsoft Corp in a patent dispute.
Insight: Little-known Hollywood investor poised to score with Twitter IPO
LOS ANGELES/ SAN FRANCISCO (Reuters) – When Twitter goes public in coming weeks, one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his pict…
Taper talk hurt U.S. Treasury market liquidity: Fed survey
WASHINGTON (Reuters) – Liquidity in the ultra-deep U.S. Treasury market suffered during the period of high volatility between May and early July, after the U.S. Federal Reserve began talking about scaling back asset purchases, according to a Fed poll r…
Fed’s Fisher says he feels ‘angst’ about Fed’s balance sheet
DALLAS (Reuters) – When the time comes for the Federal Reserve to reduce its massive balance sheet, one of the big worries is the potential volatility and instability that paring those assets could bring to financial markets, a top Fed official said on…
RadioShack gets new financing offers: sources
NEW YORK (Reuters) – Struggling U.S. retailer RadioShack Corp has received several offers for new financing, including one from current lenders Bank of America Corp and Wells Fargo & Co , three sources familiar with the matter told Reuters.
EU/IMF says Portugal bailout on track, see court risks
LISBON (Reuters) – Portugal’s EU and IMF lenders said on Thursday the country’s adjustment program under a bailout is broadly on track amid early signs of economic recovery, but warned the Constitutional Court could put Lisbon’s return to market financ…
Ukraine moves closer to second shale gas deal
KIEV (Reuters) – A second regional council in Ukraine on Thursday approved a government draft for a $10 billion shale gas production-sharing agreement with U.S. energy major Chevron , clearing the way for it to be signed.
Top London banker’s effort to clear name nears end
LONDON (Reuters) – The battle by one of London’s top bankers to overturn a market abuse fine neared the end on Thursday, with his lawyers saying his aims were perfectly proper as they wrapped up a case that has highlighted banks’ working practices and …
Citigroup fined $30 million after analyst sent report to SAC, others
BOSTON (Reuters) – Citigroup Inc will pay a $30 million fine after one of its analysts improperly sent confidential research on an Apple supplier to big clients including Steven A. Cohen’s hedge fund SAC Capital Advisors, a securities regulator said on…
