UBS, CS may have to set aside $68 billion: report
ZURICH (Reuters) - Swiss authorities could require UBS and Credit Suisse to set aside an additional 70 billion Swiss francs ($68.29 billion) in capital, a newspaper reported on Sunday, citing lawmakers.
Credit:
UBS, CS may have to set aside $68 billion: report
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Is capitulation on the cards?
LONDON (Reuters) - Profit warnings, breaches of key index levels, record oil prices, stressed consumers and investors seeking safety provide the background for markets this week, and many people are wondering how long this will all last.
See more here: Is capitulation on the cards?
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Alitalia to get 700-800 mln euros: report
MILAN (Reuters) - Alitalia will receive a
capital injection of 700 million to 800 million euros from
Italian businessmen as part of a plan to save the ailing
carrier, newspaper Corriere della Sera reported on Sunday.
View post:Alitalia to get 700-800 mln euros: report
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Global finance regulation “found wanting”: UK’s FSA
AIX-EN-PROVENCE, France (Reuters) - Weaknesses in the regulation of the global financial system have been revealed during the recent credit crunch, the chairman of Britain’s Financial Services Authority said on Sunday.
Read the rest here: Global finance regulation “found wanting”: UK’s FSA
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Hyundai cuts, Kia lifts domestic sales target
SEOUL (Reuters) - Hyundai Motor Co , South Korea’s top auto maker, said on Sunday it had cut its local sales target for this year by 6 percent as record-breaking oil prices are hitting consumer sentiment in Asia’s fourth-largest economy.
Here is the original post: Hyundai cuts, Kia lifts domestic sales target
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Alabama likely site of new VW plant: report
FRANKFURT (Reuters) - Alabama will be the likely home of a new Volkswagen manufacturing plant, beating two other states, German industry newsletter Automobilwoche said on Saturday, citing senior company sources.
See the rest here: Alabama likely site of new VW plant: report
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BP sues Russian partners in TNK-BP
MOSCOW (Reuters) - Oil major BP said on Saturday it is suing its partners in the Russian venture TNK-BP in London for 8.4 billion roubles ($357.3 million), money it believes should not have been paid out as back-tax claims in Russia.
Originally posted here: BP sues Russian partners in TNK-BP
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Auto sector woes could spur deals: Renault CEO
AIX-EN-PROVENCE, France (Reuters) - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.
Read the original here: Auto sector woes could spur deals: Renault CEO
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Postbank sale may fail over target price: report
FRANKFURT (Reuters) - The sale of Germany’s biggest retail bank Deutsche Postbank could fail because the price potential bidders are willing to pay does not meet the expectations of the lender’s parent, Deutsche Post, a German magazine reported on Saturday.
See the original post: Postbank sale may fail over target price: report
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IEA sees oil easing, then tightening to 2013: report
FRANKFURT (Reuters) - The situation on the oil market is likely to ease in 2009/2010 as more production comes on-stream, then tighten again through 2013 as output falls and demand rises, the head of the International Energy Agency said.
View post:IEA sees oil easing, then tightening to 2013: report
[…]
Auto sector’s woes could spur deals: Renault
AIX-EN-PROVENCE, France (Reuters) - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.
More here: Auto sector’s woes could spur deals: Renault
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IEA sees oil easing, then tightening to 2013: paper
FRANKFURT (Reuters) - The situation on the oil market is likely to ease in 2009/2010 as more production comes on-stream, then tighten again through 2013 as output falls and demand rises, the head of the International Energy Agency said.
Originally posted here: IEA sees oil easing, then tightening to 2013: paper
[…]
Renault CEO says sees scope for sector consolidation
AIX-EN-PROVENCE, France (Reuters) - The head of French carmaker Renault reiterated on Saturday that there was scope for consolidation within the global automotive sector.
Renault CEO says sees scope for sector consolidation
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Alabama likely site of new VW plant: paper
FRANKFURT (Reuters) - The U.S. State of Alabama will be the likely home of a new Volkswagen manufacturing plant, beating two other states, German industry newsletter Automobilwoche said on Saturday, citing senior company sources.
Read the original post: Alabama likely site of new VW plant: paper
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Hyundai union calls for work stoppage next week
SEOUL (Reuters) - Unionized employees of Hyundai Motor Co will walk off the job for four hours next week to push for a pay increase, the auto maker’s union said on Saturday.
Source:Hyundai union calls for work stoppage next week
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