Tag Archives: created

SFG Australia Withdraws All-Stock Bid for WHK

SFG Australia Ltd. (SFW.AU) has withdrawn an all-stock offer for WHK Group Ltd. Continue reading

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Harper Lee sues agent. Who owns ‘To Kill a Mockingbird’ copyright?

The author who created Atticus Finch could use a good attorney. So could her literary agent, whom Ms. Continue reading

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Merger of drugmakers Valeant, Actavis on hold: source

Talks are on hold to merge drugmakers Valeant Pharmaceuticals International Inc and Actavis Inc in a deal that would have created a healthcare giant, a person familiar with the situation told Reuters on Saturday. Continue reading

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U.S. suspects Syria used chemical weapons, wants proof

By Phil Stewart and David Alexander WASHINGTON (Reuters) – The White House said on Thursday the Syrian government of President Bashar al-Assad had probably used chemical weapons on a small scale in the country's civil war, but insisted that President Barack Obama needed definitive proof before he would take action. The disclosure created a quandary for Obama, who has set the use of chemical weapons as a “red line” that Assad must not cross. Continue reading

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Jobs growth hits slowest pace in nine months

Jobs growth stumbled in March as U.S. employers paused to take stock amid Washington’s financial belt-tightening and Europe’s continuing financial crisis.The Labor Department reported that the U.S. economy created 88,000 non-farm jobs in March, much lower than the 195,000 to 200,000 expected and well below February’s 254,000 increase Continue reading

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Crisis in tiny Cyprus creates big mess for Europe

For such a tiny country, Cyprus and its failing banks have created an awfully big economic, financial and geopolitical mess for European bankers and government officials. The island nation – with land mass and economy smaller than Vermont – was bracing Sunday for the looming collapse of its banking system and economy, as scores of officials from Brussels to Nicosia spent the weekend scrambling to … Continue reading

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UBS in settlement talks with SEC over mortgage bond deal: WSJ

(Reuters) – UBS AG is in talks with the Securities and Exchange Commission to settle allegations the bank defrauded investors in a mortgage bond deal that soured during the financial crisis, the Wall Street Journal reported, citing people familiar with the matter. The SEC's investigation focuses on allegations UBS defrauded investors in the sale of more than $748 million in notes tied to a collateralized debt obligation the bank created in 2007, the paper reported. .. Continue reading

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Italian president seeks way out of political stalemate

By James Mackenzie ROME (Reuters) – Italian President Giorgio Napolitano starts consultations with political leaders on Wednesday to see if any of them has a chance of forming a government after last month's election left no party with a majority in parliament. Italy's political stalemate and the prospect of months of political uncertainty has created alarm across Europe just as the standoff over bank deposits in Cyprus reawakened fears that the euro zone debt crisis could flare up again. … Continue reading

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Italian president seeks way out of political stalemate

By James Mackenzie ROME (Reuters) – Italian President Giorgio Napolitano starts consultations with political leaders on Wednesday to see if any of them has a chance of forming a government after last month's election left no party with a majority in parliament. Italy's political stalemate and the prospect of months of political uncertainty has created alarm across Europe just as the standoff over bank deposits in Cyprus reawakened fears that the euro zone debt crisis could flare up again Continue reading

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Italian president seeks way out of political stalemate

By James Mackenzie ROME (Reuters) – Italian President Giorgio Napolitano starts consultations with political leaders on Wednesday to see if any of them has a chance of forming a government after last month's election left no party with a majority in parliament. Italy's political stalemate and the prospect of months of political uncertainty has created alarm across Europe just as the standoff over bank deposits in Cyprus reawakened fears that the euro zone debt crisis could flare up again. .. Continue reading

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