WASHINGTON, May 26 - Deutsche Bank AG will pay $55 million to settle civil charges by U.S. regulators alleging the bank filed misstated financial reports during the financial crisis concerning material risks it faced for possibly losing billions of dollars.
PARIS, May 26 - Patrick Drahi, the billionaire owner of deal-hungry European telecoms group Altice, will not let missing out on Time Warner Cable dissuade him from further expansion in the United States, people familiar with the situation said.
May 26 - Credit Suisse Group AG has appointed Rajiv Baruah as a managing director and head of fixed income, India.
BOGOTA, May 26 - Colombia's Ecopetrol SA expects its annual investment budgets to be around $6 billion through 2020, it said in a strategic plan published on Tuesday, down from recent years as it pursues a structural savings target of $1 billion a year.
WASHINGTON, May 26 - Massachusetts and Montana are filing a legal challenge to the U.S. Securities and Exchange Commission's new "Regulation A" rules governing certain small public offerings, Massachusetts Secretary William Galvin told Reuters on Tuesday.
NEW YORK, May 26 (IFR) - A rally in oil prices that has pushed WTI spot levels above US$60 has drawn a spate of hedging activity as producers look to lock in 2016 cashflows.
SAO PAULO, May 26 - Latin American currencies weakened across the board on Tuesday as the U.S. dollar strengthened on the back of heightened investor concern over Greece's debt crisis and the outlook for higher U.S. interest rates. Equities were mostly lower, with the MSCI Latin American stock index on track for its worst intraday loss in over a week. Greece's government on Monday said it intends to make good on its debt obligations but needs aid urgently to be able to do so.
WASHINGTON, May 26 - Massachusetts and Montana have filed a legal challenge to the U.S. Securities and Exchange Commission's new "Regulation A" rules governing certain small public offerings, Massachusetts Secretary William Galvin told Reuters on Tuesday.
TORONTO, May 26 - Barrick Gold Corp said on Tuesday it has forged a strategic tie-up with Zijin Mining Group Co and agreed to sell the Chinese miner a stake in a mine in Papua New Guinea as a first step toward further collaboration.
LONDON, May 24 - For Rivka Micklewaite and fellow students, securing a pledge this week from Oxford University to avoid direct investments in companies producing coal or tar sands is just the beginning.
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