March 19 Headlines
Cyprus scrambles to renegotiate bailout
Osborne to tighten public sector squeeze
Citi to pay $730 mln over subprime mortgages
AstraZeneca to shift 1,000 jobs south
RBS to invest 700 mln stg in UK retail push
Vale doubles cost of Argentine project
Man to limit cash bonuses permanently
Moleskine IPO targets 560 mln euros valuation
Authorities in Cyprus scrambled to renegotiate the terms of a 10
billion euro bailout by looking to scrap a controversial levy on
small account holders.
George Osborne is set to announce on Wednesday further public
sector spending cuts and pay to shore up government finances.
Citigroup Inc has agreed to pay $730 million to settle a
class action lawsuit on behalf of investors who said they were
misled by the company's disclosures.
Pharmaceutical group AstraZeneca is to shift more than
1,000 jobs from George Osborne's Cheshire constituency to
Cambridge as it overhauls research operations.
Royal Bank of Scotland is to invest 700 million pounds
($1.1 billion) between 2013 and 2016 in improving its branches
as part of a continuing shift in focus towards its domestic
Brazilian miner Vale has doubled the estimated costs
for its suspended potash project in Argentina becoming the
latest miner to halt investments in the country.
The world's second-largest hedge fund Man Group is set
to limit its cash bonus for its top executives to 250 percent of
salary at a time when EU lawmakers are demand that fund
managers' bonuses must be capped in a similar way to bankers'
Moleskine-the maker of black notebooks, launched its initial
public offering roadshow on Monday seeking to value the company
at up to 560 million euros ($725.65 million)