Miner ENRC rejects £3.0-bn bid by Kazakh consortium
Mining giant Eurasian Natural Resources Corp rejected a £3.04-billion ($4.67-billion) takeover offer from a consortium comprising the Kazakh government and the founders of ENRC.
New York oil soars after Canadian pipelines shut
New York oil prices sharply rebounded Monday after a leak forced the closure of Canadian pipelines, raising concerns about supply disruptions in North America.
EU leaders meet as doubts grow over future
EU leaders meet this week knowing they have to deliver growth and jobs, especially for the young, as years of debt crisis austerity and soaring dole queues test faith in the European project.
British economy 'out of intensive care': Osborne
Finance minister George Osborne on Sunday said the British economy was "out of intensive care" but that government would stick to a path of deep cuts to public spending.
US cuts prison term of disgraced Enron CEO Skilling A US judge cut 10 years off the prison sentence of disgraced former Enron chief executive Jeff Skilling on Friday after he spent years fighting his original 24-year jail term for fraud.
Apple, US government spar in antitrust trial finale Apple on Thursday dismissed allegations it conspired to raise the price of e-books and said the US government's antitrust case against it would deter new entrants to concentrated markets.
21 June 2013
Halyk Bank may give up on BTA dealThe deal to purchase BTA by Halyk Bank may take longer than planned; one shouldn’t rule out the possibility of Halyk Bank giving up on the idea of purchasing BTA in case Kazakhstan Government doesn’t offer concessions in terms of price.
Deloitte fined $10 mn in US laundering case Big accountancy Deloitte was fined $10 million by New York state on Tuesday for its actions in advising Standard Chartered Bank over money laundering.