Cisco plans $4 bln worth of expansion in Mexico-government
MEXICO CITY, Sept 27 Cisco Systems Inc plans more than $4 billion worth of expansion in Mexico between 2016 and 2018, the Mexican government said on Tuesday.
BRUSSELS Jan 25 The European Commission is in contact with Italian authorities over the derivatives scandal at Monte dei Paschi bank and is awaiting details on plans for its restructuring, a spokesman said on Friday.
"All I can say is that we have been in contact with the Italian authorities with regards to the situation in that bank," Antoine Colombani said.
"Recently as you know we adopted a decision whereby temporary rescue aid for it can be granted for a six month period. Monte Paschi and the Italian authorities will have to submit a restructuring plan by the deadline," he said.
The bank, the world's oldest, is enmeshed in a scandal over losses of nearly $1 billion in a series of complex derivatives deals.
* Pacific Northwest LNG says pleased with Canadian government approval of plant, will conduct a total project review over coming months prior to announcing next steps Story: Further company coverage: (Reporting by Jeffrey Hodgson)
Sept 28 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.