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Oil minister likely to represent Iran at OPEC - MarketWatch
LONDON -(MarketWatch)- Iran's new oil ministry caretaker is likely to represent Iran at the next meeting of the Organization of Petroleum Exporting Countries, a person familiar with the matter said Friday. That would logically make him ...
Softbank gets tough on Alipay compensation - MarketWatch
BEIJING ( Caixin Online ) — Softbank is “uncooperative” in settling a dispute concerning its loss of partial ownership in Alibaba's online payment service Alipay, a person close to the matter told Caixin on June 1. ...
Brazil surprised by Russia's beef ban - MarketWatch
The ban may have been motivated by domestic issues such as an oversupply of beef in the Russian market, said the analyst, speaking on condition of anonymity because he hadn't sought clearance to talk about the subject. "They tend to use sanitary ...
European banks told to redo stress-test numbers - MarketWatch
The European Banking Authority had been planning to publish the test results later this month, but will now wait until July, according to a report in The Wall Street Journal, which cited a person familiar with the matter. Markets have been riding high ...
CVC puts Spain's Colomer up for sale - sources - MarketWatch
MADRID (MarketWatch) -- CVC Capital Partners is planning to sell The Colomer Group, a Spanish manufacturer and distributor of hair care and nail products, people familiar with the matter said Wednesday, the latest of several ...
Yahoo reaches agreement regarding Alipay - MarketWatch
... an agreement in principle with Chinese partner Alibaba Group over the US firm's compensation for the transfer in ownership of Alibaba payments service Alipay, though no deal has been finalized, according to a person familiar with the matter. ...
New South American exchange opens with uncertainty - MarketWatch
"We've already been in a testing phase with MILA and will, in reality, continue to be for some time," said a trader in Santiago who asked not to be named. "True integration will only come when we've leveled tax, regulatory, reporting and other issues. ...
New 3-nation South American bourse to start trade - MarketWatch
"We've already been in a testing phase with MILA and will, in reality, continue to be for some time," said a trader in Santiago who asked not to be named. "True integration will only come when we've leveled tax, regulatory, reporting and other issues. ...
New China Life aims for $4 billion dual IPO - MarketWatch
On May 25, Caixin learned from a source close to the matter that New China Life plans to raise approximately $4 billion from the dual initial public offering, which will involve up to 20% of the company's equity. But the source said the final ...
Lyondell has crude unit outage in Houston - MarketWatch
LN) was restarting May 17 a hydrocracker at its 155600 barrel-a-day refinery in Martinez, Ca., sources said. Exxon Mobil Corp. cut production by at least 50000 barrels a day at its 504000 barrel-a-day refinery in Baton Rouge, La., because of flooding ...
Blackstone not in talks for Australia's Spotless - MarketWatch
AU), according to a person close to the US company who declined to be identified. Nerida Mossop, a spokeswoman for Spotless, declined to comment on the matter in line with the company's policy. The services company's shares rose 2% Tuesday morning ...
China's CDC in talks to buy stake in TPG - MarketWatch
HONG KONG -(MarketWatch)- China Development Bank is in talks to buy a minority stake in TPG Holdings, according to a person familiar with the situation, making it the latest major state-backed investor from abroad to seek a piece of the ...
China's CDC may buy stake in TPG, report says - MarketWatch
By MarketWatch China Development Bank is seeking permission to join a group of sovereign wealth funds who are seeking a stake in TPG, The Financial Times reports on its website Sunday, citing "people familiar with the matter." If it gains approval, ...
FSA to act against Mizuho bank by end May-report - MarketWatch
... Agency plans to issue administrative penalties, including a business improvement order, against Mizuho Bank by the end of May over its massive computer system glitch in March, Kyodo News reported Wednesday, citing people familiar with the matter. ...
Goldman, Morgan Stanley, B. of A. face new probe - MarketWatch
... Attorney General Eric Schneiderman has requested meetings with Goldman, Morgan Stanley and Bank of America and is seeking information about their mortgage-securities operations during the housing boom, the person said on condition of anonymity. ...
Citadel allowing faster withdrawal rate: report - MarketWatch
... the hedge fund firm managed by Ken Griffin, is allowing investors to exit its Kensington and Wellington funds more quickly to attract new investors, Bloomberg News reported Tuesday, citing two unidentified sources close to the development. ...
B. of A. Merrill Lynch Mideast chief resigns - MarketWatch
DUBAI (Zawya Dow Jones) -- Bank of America Merrill Lynch's president and chief operating officer for the Middle East, Saeed Maghdoori, has resigned, a person familiar with the matter said Monday. Maghdoori spent more than 20 years at ...
Indian state oil firms to raise gasoline prices - MarketWatch
The gasoline price hike is effective from midnight and is against under-recoveries of INR10 per liter, the executive, who declined to be named, told Dow Jones Newswires. State-run oil marketing companies Indian Oil Corp. (530965. ...
SAC mulls closing to new investment - MarketWatch
LAS VEGAS (MarketWatch) — SAC Capital Advisors told investors Thursday that it's considering closing to new investment, according to a person familiar with the situation. Rex Crum looks at twists and turns that ...
SAC Capital considering closing to new investment - MarketWatch
LAS VEGAS (MarketWatch) -- SAC Capital Advisors told investors Thursday that it's considering closing to new investment, according to a person familiar with the situation. SAC, which met with about 30 investors in Las Vegas on Thursday ...
Feds seek $1 billion to settle J&J drug probe: WSJ - MarketWatch
... billion from Johnson & Johnson Inc. (NYSE:JNJ) to settle charges the health-care products company marketed its antipsychotic drug Risperdal for unapproved uses, The Wall Street Journal reported Thursday online, citing sources close to the matter. ...
Bill to put pressure on mortgage settlement talks - MarketWatch
However, according to a person familiar with the agency, the FHFA strongly recommends it as best practice but doesn't require it. Backers argue that the existing system is an inefficient mess for homeowners, with paperwork being lost routinely by ...
AIG board set to decide on share offering - MarketWatch
At the meeting, directors will decide on a possible offering of AIG shares held by the Treasury Department, the person said on condition of anonymity. They may decide to postpone the offering, CNBC reported earlier Tuesday. Mark Herr, an AIG spokesman, ...
Google, Apple defend privacy controls - MarketWatch
Obama administration officials said the White House hasn't taken a position on legislation but that companies should have tough controls in place. Location sharing was a topic of a Senate hearing on Tuesday. “Companies should have privacy by design,” ...
U.S. pleased with first day of China talks - MarketWatch
WASHINGTON (MarketWatch) — Obama administration officials said Monday they were pleased with the first day of their two-day summit with top Chinese officials, saying that the talks avoided diplomatic niceties and focused on ...