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  • Cambodia on a knife-edge

    Cambodia on a knife-edge

    Michael Peel reports from Cambodia Source: Financial Times

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  • Will LeBron James Lose Jersey Sales By Choosing No. 23?

    Will LeBron James Lose Jersey Sales By Choosing No. 23?

    By picking his old number, could LeBron James be missing out on big jersey sales? It doesn’t look that way so far. Source: Newsy

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  • As U.S. Kicks Off Crude Exports, Iran Casts A Shadow In Asia

    As U.S. Kicks Off Crude Exports, Iran Casts A Shadow In Asia

    The United States faces an awkward rival in its first attempts in 40 years to export crude oil – Iran. Iran, whose economy has been throttled by Western sanctions that have halved its crude shipments, is now selling higher quality and cheaper oil to China that leaves little room for the U.S. crude to enter the world’s top energy consumer. While buyers in Japan and South Korea have been willing to trial a U.S. grade of the super-light crude known

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  • Euronext carves its own path

    Euronext carves its own path

    Dominique Cerutti on Euronext’s capital-raising role Source: Financial Times

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  • Can Chinese Pork Producer Crack Second IPO?

    Can Chinese Pork Producer Crack Second IPO?

    For the world’s biggest pork producer, China’s WH, a second try at an IPO looks set to succeed. WSJ’s Ramy Inocencio talks with Hong Kong bureau chief Ken Brown on why WH’s first IPO failed and why U.S. pork prices are cheaper than China’s. Source: The Wall Street Journal

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  • Ride App Uber Gets Respite In German City Of Hamburg

    Ride App Uber Gets Respite In German City Of Hamburg

    Uber, whose smartphone app summons rides at the touch of a button, won a new lease of life in the German city of Hamburg on Friday when a court suspended a ban imposed by local regulators. Hamburg traffic authorities told Uber earlier this week to stop operating in the northern port city on the grounds that its drivers lacked passenger transport licenses, one of a number of challenges to the San Francisco-based company from regulators and traditional taxi services across

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  • Nissan Expands Recall Prompted By Faulty Air Bag

    Nissan Expands Recall Prompted By Faulty Air Bag

    Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry. The NHNTS said the automaker is recalling certain lines of its Infiniti, Maxima, Pathfinder and Sentra cars for the model years 2002 to 2004. The move is prompted by faulty air bags that have been blamed for the recall of millions of cars in recent years, including those made by BMW, Chrysler, Ford, Honda, Mazda and Toyota.

 Source:

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  • Murdoch’s Fox Open To Giving Time Warner Board Seats In New Bid: Bloomberg

    Murdoch’s Fox Open To Giving Time Warner Board Seats In New Bid: Bloomberg

    Rupert Murdoch’s 21st Century Fox is open to giving Time Warner shareholders seats on the new company’s board if its takeover bid succeeds. Board representation could appear in a revised proposal. It did not say how many board seats were being considered and added the two sides are not currently in negotiations. Time Warner’s board rejected Murdoch’s $80 billion takeover offer earlier this month, but the Fox chairman and chief executive officer is expected to continue the pursuit.

 Source: wochit

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  • Nigeria Shi’ite Leader Says Military Kills 3 Sons, 30 Supporters

    Nigeria Shi’ite Leader Says Military Kills 3 Sons, 30 Supporters

    The leader of Nigeria’s minority Shi’ite Muslims accused the military on Saturday of killing three of his sons and 30 of his supporters when they opened fire on a protest the previous day. The military said they were fired upon first by someone in the crowd and that they killed nine people. The Shi’ites were protesting Israeli attacks on Gaza and also marching to observe of a religious holiday, in the northern city of Zaria, where Ibrahim Zakzaky’s Islamic Movement

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  • Murdoch’s Fox Open To Giving Time Warner Board Seats In New Bid: Bloomberg

    Murdoch’s Fox Open To Giving Time Warner Board Seats In New Bid: Bloomberg

    Rupert Murdoch’s 21st Century Fox is open to giving Time Warner Inc shareholders seats on the new company’s board if its takeover bid succeeds, Bloomberg reported on Saturday, citing people familiar with the situation. Time Warner’s board rejected Murdoch’s $80 billion takeover offer earlier this month, but the Fox chairman and chief executive officer is expected to continue the pursuit. Bloomberg said the offer of board seats as part of an increased bid could help allay concerns of Time Warner

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  • Euro Zone May Discuss Early Irish Bailout Repayment To IMF

    Euro Zone May Discuss Early Irish Bailout Repayment To IMF

    Euro zone finance ministers are likely to discuss in September whether to allow Ireland to repay its more expensive bailout loans from the International Monetary Fund before paying back the euro zone bailout fund, a euro zone official said. When it was cut off from the markets in 2010, Ireland borrowed from the IMF, as well as the European Financial Stability Facility and the European Financial Stability Mechanism a total of 67.5 billion euros. But under the bailout deal early

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  • Swiss Banks Face Lower Fines Than Feared In U.S. Tax Case

    Swiss Banks Face Lower Fines Than Feared In U.S. Tax Case

    About 80 of the 106 Swiss banks that signed up for a deal with U.S. tax authorities could be fined less than they had feared for their role in helping wealthy Americans cheat on their taxes, but must widen their cooperation, a Swiss newspaper reported. Since a Dec. 31 deadline to enter the program, the banks have delivered information on how many American clients they have served in recent months, and clarified with U.S. officials what the penalties for harboring

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