EU hits back at Geithner on regulation
Top European Union officials say the bloc’s decision to act on hedge funds is in line with a G20 decision to reinforce transparency, after the US Treasury secretary warned they may lead to protectionism
Top European Union officials say the bloc’s decision to act on hedge funds is in line with a G20 decision to reinforce transparency, after the US Treasury secretary warned they may lead to protectionism
The energy group is set to make its first move into the deep waters off the South American country with a $7bn deal to buy oil and gas assets put up for sale by Devon Energy of the US
BP is set to make its first move into the deep waters off the coast of Brazil, one of the world’s most exciting areas for oil exploration, with a $6bn deal to buy international oil and gas assets put up for sale by Devon Energy of the US
Vikram Pandit, Citigroup’s chief executive, will raise the prospect of the US bank earning as much as $20bn from its core business within a few years, a big increase from current levels that would mark a sharp revival in Citi’s fortunes
Regulators have ordered UK banks to run a new round of tougher stress tests that assume the economy will endure a double-dip recession that would force unemployment up to 13.3 per cent
Gordon Brown has confirmed the Budget will be held on March 24 in what is expected to be his government’s last major political event before the start of the general election campaign
European countries have accused Washington of foul play after the continent’s largest aerospace and defence company pulled out of a multibillion-dollar race to supply the US military, alleging unfair competition
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