Verizon not planning to enter Canadian market: CEO
TORONTO (Reuters) – Verizon Communications Inc is not planning to enter the Canadian wireless market, its chief executive said in an interview on Monday that is likely to support shares of the country’s largest mobile phone providers.
Asia markets set to benefit from global data; yen eases
SYDNEY (Reuters) – Asian markets look set for a second day of gains on Tuesday after a string of upbeat factory data around the globe boosted shares and most commodities, while a delay in a potential U.S. strike on Syria weighed on safe-havens such as …
Complaints against UK banks rise by 15 percent: Ombudsman
LONDON (Reuters) – The number of complaints against British banks grew by 15 percent in the first half of 2013 driven by complaints over the mis-selling of loan insurance, the Financial Ombudsman Service said on Wednesday.
Verizon, Vodafone agree $130 billion Wireless deal
LONDON/SAN DIEGO (Reuters) – Verizon Communications agreed on Monday to pay $130 billion to buy Vodafone Group out of its U.S. wireless business, signing history’s third largest corporate deal announcement to bring an end to an often tense 14-year marr…
Mexico’s America Movil: Hybrid bond aims to help rating
MEXICO CITY (Reuters) – A three-part sterling and euro hybrid bond that Mexico’s America Movil announced on Monday is aimed at preserving the company’s credit rating and not linked to any particular pending deals, according to Chief Financial Officer C…
Expert networks: thriving in Asia, away from U.S. scrutiny
SINGAPORE/HONG KONG (Reuters) – Expert networks – a matchmaking service linking investors such as hedge funds with company insiders – are under scrutiny from regulators in the United States, but are expanding across Asia, where the market for corporate…
For Verizon advisers, patience pays off with huge payday
NEW YORK (Reuters) – It has been a 10-year-long wait for bankers advising Verizon Communications Inc on its $130 billion deal to take complete control of Verizon Wireless, but their patience will yield both handsome fees and bragging rights.
Stock offering plans by China’s banks seen as short-term fix
HONG KONG (Reuters) – For the Chinese banks seeking billions of dollars in upcoming stock offerings, a concern is growing that the money will only refinance old loans and do little to prevent the lenders from hitting up shareholders for more cash in a …
Rattled by investigations, foreign firms in China beef up compliance
BEIJING/SHANGHAI (Reuters) – Foreign companies in China are getting increasingly jumpy about a spate of antitrust and corruption investigations by Chinese authorities and are hiring lawyers to make sure their operations comply with the law.
Airbus struggles to loosen Boeing’s grip on Fortress Japan
SINGAPORE/TOKYO (Reuters) – Airbus appears to have been pushed back once again in landmark efforts to break Boeing Co’s grip on Japan’s two largest airlines, which need to buy billions of dollars worth of planes in the next decade.
