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Ready for the most complex logistics operations (...)

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The crisis puts Brazilian banks among the most profitable of the Americas

As result of the international financial crisis, three Brazilian banks entered the ranking of the five most profitable ones of the Americas. (...)

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05/01/2009 - 04:38  


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Yahoo! News: Business
Teck to sell 17 percent stake to China for C$1.74 billion (Reuters)
Friday, July 3, 2009 9:29:07 PM GMT

Teck Resources President and Chief Executive Officer Donald Lindsay speaks to shareholders during the annual general meeting in Vancouver British Columbia April 26, 2006. REUTERS/Lyle StaffordReuters - Teck Resources (TCKb.TO) said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.


 
Stanford clients sue insurance broker Willis Group (Reuters)
Friday, July 3, 2009 8:48:47 PM GMT

Texas billionaire Allen Stanford gives members of the media a thumbs up as he leaves the Bob Casey Federal courthouse in the custody of U.S. Marshals in Houston June 29, 2009. REUTERS/ Steve CampbellReuters - Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion fraud at the Texas-based investment company.


 
Dollar status unlikely to be in G8 communique: G8 source (Reuters)
Friday, July 3, 2009 6:13:35 PM GMT
Reuters - The dollar's status as the top global reserve currency is unlikely to be mentioned explicitly in the final communique at next week's Group of Eight summit, a European G8 source involved in preparations for the meeting said on Friday.
 
Medici lawyer says Kohn didn't get Madoff payments (Reuters)
Friday, July 3, 2009 5:17:20 PM GMT
Reuters - Austrian fund manager Sonja Kohn did not receive any kickbacks from Bernard Madoff to steer Bank Medici customer funds to the swindler's investment business, a Medici lawyer said on Friday.
 

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