Archive for the ‘Europe’ Category
Oil States Say No Talks On “Replacing Dollar”
Posted by: Blog yOur Mind on: October 8, 2009
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By Simon Rabinotvitch and Wayne Cole
ISTANBUL/SYDNEY – Big oil producing nations denied a British newspaper report on Tuesday that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in trading oil.
US, UBS Seek Court Delay; May Settle Tax Fight
Posted by: Blog yOur Mind on: July 13, 2009
Reuters – Monday, July 13
* Parties seek delay of trial due to start Monday morning
* Tell judge they want to continue talks
* Case seen as biggest challenge yet to Swiss bank secrecy
* Thousands of suspected US tax dodgers may be identified
By Tom Brown
MIAMI, July 12 – The U.S. government and UBS AG asked a federal [...]
Global markets week ahead – shaky market face data/FED hurdles
Posted by: Blog yOur Mind on: June 20, 2009
Reuters – Saturday, June 20
By Natsuko Waki
LONDON, June 19 – Financial markets, already looking shaky after a two-month green shoots rally stalled this month, face further hurdles next week with the release of leading economic data and a U.S. monetary policy decision.
Aluminium supply worry fuelled by financial deal
Posted by: Blog yOur Mind on: June 20, 2009
Reuters – Friday, June 19
By Pratima Desai
LONDON, June 18 – Supplies of aluminium in the short term are tighter partly because companies with metal are using it as collateral to release cash tied up in stock, analysts and traders said.
Russia Sibertelecom ‘08 profit falls on forex loss
Posted by: Blog yOur Mind on: June 16, 2009
Reuters – Wednesday, June 17
MOSCOW, June 16 – Russian regional telecom company Sibirtelecom <STKM.MM> said on Tuesday its 2008 net profit fell 42.5 percent to 1.5 billion roubles due to a 1.2 billion rouble foreign exchange loss.
Ukraine seeks $4bln in credits for gas storage – PM
Posted by: Blog yOur Mind on: June 16, 2009
Reuters – 2 hours 37 minutes ago
* Needs the money to buy Russian gas to store underground
* Says Ukraine has already started storing gas in April
LUXEMBOURG, June 16 – Ukraine needs $4 billion in credits to buy Russian gas for its underground storage areas and hopes to raise the funds through European banks, Prime Minister [...]
Money Markets – Benchmark dlr rates at new lows, H1 end eyed
Posted by: Blog yOur Mind on: June 16, 2009
Reuters – Wednesday, June 17
* Benchmark dollar borrowing costs mark new low
* Calm run-up to end of H1 seen
* BoJ hold rates, RBA sees no need to cut for now
By Kirsten Donovan
LONDON, June 16 – Benchmark bank-to-bank dollar funding costs marked new lows on Tuesday as credit conditions continued to improve gradually and on indications [...]
Sinopec’s Addax bid make little progress – report
Posted by: Blog yOur Mind on: June 16, 2009
Reuters – Wednesday, June 17
BEIJING, June 16 – China’s Sinopec Group, Asia’s top oil refiner, has made no significant progress with its bid for Swiss-based oil explorer Addax Petroleum <AXC.TO>, Caijing magazine quoted an unnamed company official as saying on Tuesday.
European stocks inch up as defensives offset banks
Posted by: Blog yOur Mind on: June 16, 2009
Reuters – Wednesday, June 17
* Rift agrees to be bought for 13p/shr
* Says bid represents 30 percent premium
* Rift shares soar 25 pct
June 16 – British oil and gas explorer Rift Oil Plc <RIFT.L> said it agreed to be acquired by Canada’s Talisman Energy Inc <TLM.TO> <TLM.N> in a cash deal valued at about 114.8 [...]
Rift Oil agrees to Talisman’s 114.8 mln stg bid
Posted by: Blog yOur Mind on: June 16, 2009
Reuters – Wednesday, June 17
* Rift agrees to be bought for 13p/shr
* Says bid represents 30 percent premium
* Rift shares soar 25 pct
June 16 – British oil and gas explorer Rift Oil Plc <RIFT.L> said it agreed to be acquired by Canada’s Talisman Energy Inc <TLM.TO> <TLM.N> in a cash deal valued at about 114.8 [...]
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