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Paris / AFP French industrial production dropped for a second straight month in June, …
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Oz’s Commonwealth Bank posts US$7.8 billion profit
Sydney / AFP Australia’s biggest lender Commonwealth Bank sounded a cautious note about the …
Read More »UK Cameroon bank workers accused of massive theft
Douala / AFP Four employees of a Cameroon bank have been detained on suspicion …
Read More »Nigerian Central Bank gives lenders tolerance on bad loans
Bloomberg The Central Bank of Nigeria granted lenders permission to write off any fully …
Read More »Ferguson brings $2.5bn to financial supermarket bank aisle
Bloomberg Roger Ferguson’s deal to buy EverBank Financial Corp. shows an eagerness to expand …
Read More »The big idea that won’t fix Europe’s bank problem
Europe’s banks have had a rough year: Their stock prices have fallen so low …
Read More »News Corp. woes show Murdoch’s work isn’t just at Fox
Tara Lachapelle On Sunday evening, John Oliver bemoaned the struggle of the newspaper industry. …
Read More »Oil holds decline below $43 as US supplies expand glut
Bloomberg Oil held declines below $43 a barrel as weekly US industry data showed …
Read More »Customers could pay $2.5bn for nukes that never get built
Bloomberg US electricity consumers could end up paying more than $2.5 billion for nuclear …
Read More »China power giant’s grid bid tests Oz investment nerve
Bloomberg State Grid Corp. of China’s hopes of buying one of Australia’s biggest electricity …
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