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German banks may need 105 bln euros under Basel III - Reuters
BdB bank lobby * Tier-1 ratio expected at 6 pct, buffers of 4 pct expected * BdB pleads for long transition; sees no German veto (Adds detail, background) By Alexander Huebner and Jonathan Gould FRANKFURT, Sept 6 (Reuters) - Germany's 10 biggest banks
Emergency extended amid aftershocks
Video will begin in 5 What type of connection do you have? Note: A cookie will be set to keep your preferences. Use this form to: Yourfeedback was successfully sent. The biggest earthquake to hit New Zealand in almost eight decades causes massive damage
I'm still a public servant, says $34m man Blair
"It's no great shock to say Gordon's not ... touchy-feely" ... Tony Blair, former British Prime Minister. LONDON: For a prophet crying in the wilderness, Tony Blair scrubs up well. Though erstwhile disciples are scuttling to distance themselves from New
I'm still a public servant, says $34m man Blair
"It's no great shock to say Gordon's not ... touchy-feely" ... Tony Blair, former British Prime Minister. LONDON: For a prophet crying in the wilderness, Tony Blair scrubs up well. Though erstwhile disciples are scuttlingto distance themselves from New
Shuaa Securities Former CEO Yasin Said to Join Abu Dhabi’s CAPM
Mohammed Ali Yasin, former chief executive officer at Shuaa Securities LLC in Abu Dhabi, will join financial services company CAPM Investment PJSC on Sept. 15, a banker familiar with the matter said. Yasin will join Abu Dhabi-based CAPM as a board
Swedish region sets deadline for Saab debt repayment - Reuters
Sweden's Vastra Gotaland region said Saab, owned by Dutch group Spyker, must pay its $15 million bill from the government by Sept. 20 or it will ask the public debt collector to enforce payment. The bill is from a period when Saab Automobile was under
New storm threatens Mexico, Texas
AFP Newly formed tropical storm Hermine pushed north in the Gulf of Mexico Monday, threatening to hit the US-Mexico border area with strong winds and waves, forecasters said. Hermine, the eighth Atlantic area tropical storm of the season, was packing
Frenchman tried for raping 10 Thai girls
A 61-year-old Frenchman appeared in a Paris court on Monday charged with raping or sexually assaulting 10 Thai girls aged between six and 11. Jean-Claude Chamoux was arrested after police burst into his hotel room in the Thai resort of Pattaya in 2005
Car sales skid as scrappage boost fades
The scheme ended in March but sales continued to benefit throughout the first half when total business was up almost 20pc. July saw a 13.2pc fall and the downward trend accelerated last month, but the knock on effect from the scrappage scheme means sales
Student protester dead in Indian Kashmir
A teenage student was killed on Monday when Indian security forces opened fire on stone-throwing protesters during fresh demonstrations against Indian-rule in Kashmir, police said. A total 66 protesters and bystanders have been killed over the past three
Macquarie warns profits will miss forecasts
Extract not available.
Dissident leader offers lifeline to Berlusconi
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UK drug watchdog calls for Avandia recall
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Japan detects first case of superbug
AFP Japan on Monday said it has detectedits first case of an antibiotic-resistant "superbug" that surfaced in South Asia and has triggered a global health alert. A hospital linked to the Dokkyo Medical University in Tochigi prefecture north of Tokyo
British Airways CEO Sizes Up Next Deal After Iberia
Sept. 6 (Bloomberg) -- Willie Walsh, chief executive officer of British Airways Plc, has caught the merger bug. Not satisfied with a takeover of Spains Iberia Lineas Aereas de Espana SA, Walsh says hes seeking more deals to keep pace with rivals. The
Sweden's Alfa Laval makes bid for Munters
FRANKFURT (MarketWatch) -- Swedish engineering group Alfa Laval AB /quotes/comstock/22u!e4:se0000695876- (SE:ALFA 115.00, +1.20, +1.05%) said Monday it has made a cash offer to buy all shares of Munters AB /quotes/comstock/22u!e3:o-mtrs-sek (SE:MTRS
Jobs Data Continues to Lift Global Equities
LONDON (Reuters) - Encouraging news about the U.S. employment picture continued to spill over onto financial markets on Monday, lifting world stocks on hopes that a slip back into recession could be avoided. The mood continued despite a relatively gloomy
Sweden's Alfa Laval makes bid for Munters
FRANKFURT (MarketWatch) -- Swedish engineering group Alfa Laval AB /quotes/comstock/22u!e4:se0000695876- (SE:ALFA 114.90, +1.10, +0.97%) said Monday it has made a cash offer to buy all shares of Munters AB /quotes/comstock/22u!e3:o-mtrs-sek (SE:MTRS
Footballer Cole's bachelor pad burgled
Ashley Cole's new bachelor pad was burgled while the footballer was away with the England team, police sources said on Monday. Detectives were waiting to talk to the Chelsea defender to find out what was stolen from the flat in Esher, Surrey. The
Banks, commods boost FTSE after US jobs data
LONDON, Sept 6 (Reuters) - Britain's leading shares rose on Monday, led by banks and commodity stocks as risk appetite remained after a better-than-expected U.S.jobs report in the previous session. Cable &Wireless Worldwide gained on bid talk. The
Equitable Life bid for compensation
Please turn on JavaScript. Media requires JavaScript to play. Pensioners hit by the Equitable Life scandal are to make a final bid to persuade the government to pay them full compensation. Losses have been put at nearly £5bn, but the pensioners and
'BA, Iberia target 12 other airlines'
AFP British Airways and Iberia have identified 12 airlines as potential takeover targets once their own tie-up is finalised, as they bid to create the world's biggest carrier, newspapers reported on Monday. BA and Spanish airline Iberia are expected to
Jobs data continues to lift global equities
The mood continued despite a relatively gloomy outlook from Olivier Blanchard, chief economist at the International Monetary Fund, who told France's Le Figaro he expected weak growth in both the United States and Europe. Some investors, particularly in
Fiji police probe theft of $1mln in cash
AFP Police in Fiji launched a special taskforce on Monday to investigate the theft of one million Fiji dollars (about $A568,741) in cash from a wharf in the capital Suva. Police said all law enforcement agencies in the Pacific island nation would be
Afghanistan 'ready' to bail out bank
AFP Afghanistan's central bank said on Monday it was willing to offer loans to bail out troubled Kabul Bank as nervous depositors continued taking out their savings. Hundreds of customers have been queuing at branches across the country for several days,
China's 'miracle' Shenzhen marks 30 years
President Hu Jintao hailed the southern export hub of Shenzhen as a "miracle" Monday as China marked 30 years of reforms in the city that provided the blueprint for the country's economic rebirth. "The Shenzhen Special Economic Zone created a miracle in
Deutsche Bank Jumps to Second Place on Middle East Bond Sales
Deutsche Bank AG, the 17th-ranked adviser on bond sales in the Middle East and North Africa two years ago, vaulted to second place this year as credit markets in the region thawed following Dubai Worlds debt restructuring. Germanys biggest lender advised
Deutsche Bank Jumps to Second Place on Middle East Bond Sales
Deutsche Bank AG, the 17th-ranked adviser on bond sales in the Middle East and North Africa two years ago, vaulted to second place this year as credit markets in the region thawed following Dubai Worlds debt restructuring. Germanys biggest lender advised
Israel's Lieberman against building ban
AFP Israeli Foreign Minister Avigdor Lieberman said on Monday his ultra-nationalist Yisrael Beitenu party would block any attempt to extend a partial moratorium on settlements due to expire on September 26. The Palestinians have warned that failure to
Foxconn sales growth set to halve, Chairman says
HONG KONG (MarketWatch) -- Foxconn International Holdings Ltd. Chairman Terry Gou has reduced his long-term sales growth forecast for the company by half, saying its huge size makes big growth rates harder to sustain. Slowing personal computer sales also
