| China responds to growing 'protectionism' complaints China has promised to treat foreign firms hoping to win government contracts equally with domestic competitors, following months of protectionism complaints. telegraph.co.uk |
AXA slumps, NAB gains as Australia rejects deal National Australia Bank shares rise but those of AXA Asia Pacific tumble after the Australian competition watchdog rejected NAB's $12.2 billion takeover bid for the financial services company. feeds.marketwatch.com |
Ex-French trader must pay $6.7 billion for fraud By GREG KELLER 2010-10-05T20:16:20ZPARIS (AP) -- Ex-trader Jerome Kerviel was convicted on all counts Tuesday in history's biggest rogue trading scandal, sentenced to at least three years in prison and ordered to pay his former employer damages of euro4.9 billion ($6.7 billion) - a sum so staggering it drew gasps in the courtroom.... hosted.ap.org |
Rio Tinto denies deal with BHP Billiton is facing collapse Rio Tinto has been forced to deny a report in the Australian press on Tuesday, which claimed that it was preparing to walk away from its proposed $116bn iron-ore joint venture with BHP Billiton. telegraph.co.uk |
Bond Report: Treasurys gain after jobs; yields fall to new lows Ten-year U.S. bond yields fall to levels last since January 2009, as more Federal Reserve easing expectations gain credence after a disappointing jobs report.. feeds.marketwatch.com |