Indian Wells Tennis

2010-03-21T14:45:51Z

Jelena Jankovic, of Serbia, returns a shot to Caroline Wozniacki, of Denmark, during their finals match at the BNP Paribas Open tennis tournament, Sunday, March 21, 2010, in Ivan Ljubicic of Croatia reacts after defeating Rafael Nadal of Spain during their match at the BNP Paribas Open tennis tournament, Saturday, March 20, 2010, in Indian Wells,

CORRECTION Indian Wells Tennis

2010-03-11T19:04:05Z

Melanie Oudin hits to Roberta Vinci, of Italy, in their match during the BNP Paribas Open tennis tournament in Indian Wells, Calif., Thursday, March 11, 2010. (AP Photo/

Bharti lines up $9 billion in loans for Zain Africa

2010-02-22T06:15:23Z

<div><p>NEW DELHI (Reuters) - India's Bharti Airtel <BRTI.BO> has lined up $9 billion in loans from foreign and local banks for its planned acquisition of the African assets of Kuwait's Zain <ZAIN....

World markets higher on earnings, growth hopes

2010-02-22T09:07:47Z

<div><p>World stocks rose Wednesday on upbeat corporate earnings reports and as worries about Greece's debt crisis eased.</p><p>France's BNP Paribas, the euro zone's largest bank, posted its fourth straight quarterly profit while heavy equipment ...

BNP Paribas posts fourth straight quarterly profit

2010-02-22T09:06:33Z

<div id="subtitle">BNP Paribas posts fourth straight quarterly profit, but earnings still below pre-crisis level</div><div><p>French bank BNP Paribas posted its fourth straight quarterly profit on Wednesday but said earnings are still below pre-crisis levels.</p><p>The eurozone's largest banking group sai...

Euro inflation accelerates to 0.9% in December: EU

2010-02-23T01:14:08Z

<div><p>Annual inflation accelerated across the 16 nations using the euro in December, with the rate of increase for consumer prices nearly doubling, official data showed on Tuesday.</p><p>Prices climbed 0.9 percent according to a flash estimate from the European Union's Eurostat data agency -- a loosening from the 0.5 p...

S.Africa power firm gets loans from French banks

2010-02-23T08:45:49Z

<div><p>South Africa's troubled energy giant Eskom on Monday signed credit agency loans worth 1.185 million euros (R13 billion rands) with French banks to fund its two power plant programmes.</p><p>The loan will fund "the eligible foreign content of the Medupi and Kusile turbine contracts," Eskom said in a statement....

International Paper prices offer of $750M in notes

2010-02-23T22:47:10Z

<div id="subtitle">International Paper says it will sell $750M in senior notes due 2039 to pay back debts</div><div><p>Paper and packaging company International Paper Co. said Monday it priced an offering of $750 million in 7.30 percent senior notes due 2039.</p><p>The funds will be used to pay back debt and for other general co...

BNP Paribas, Deutsche Bank sue Bank of America

2010-02-24T00:31:12Z

<div id="subtitle">BNP Paribas, Deutsche Bank sue Bank of America over failure to repay $1.73B in notes</div><div><p>Deutsche Bank AG and a BNP Paribas unit sued Bank of ...

BNP Paribas reports 44.8% quarterly profit leap

2010-02-24T09:38:34Z

<div><p>BNP Paribas bank reported a 44.8-percent rise in net quarterly profits on Thursday, beating expectations with strong investment banking and markets performance.</p><p>The retail banking division, however, continued to suffer from a rise in bad loan provisions in the third quarter.</p><p>Net profit was 1.305 billion euros (1.94 billion dollars) co...

BNP Paribas reports 44.8-pct quarterly profit leap

2010-02-24T09:40:12Z

Japan orders BNP Paribas to suspend some operations

2010-02-24T15:19:33Z

<div><p>Japan's financial regulator on Friday ordered French bank BNP Paribas to suspend part of its operations in the country for two weeks for fixing stock prices and submitting an inaccurate report.</p><p>The Financial Services Agency (FSA) instructed the bank to halt business by its derivatives division from November 2 to November 16, a...

Japan watchdog recommends action against BNP Paribas

2010-02-24T18:09:18Z

<div><p>Japan's securities watchdog on Friday recommended disciplinary action against the French bank BNP Paribas for falsifying a document and manipulating stock prices on the Tokyo market.</p><p>The Securities and Exchange Surveillance Commission (SESC) said in a statement it had asked the Financi...

European Finance: The Big Thaw

2010-02-24T18:31:33Z

<div><p> The chief financial officers at some of Europe's largest firms have had a busy few months. Since markets started to recover in early summer, executives from companies including German retailer Metro (MEOG.DE) and Anglo-Australian miner Rio Tinto (RTP) have hit up investors for extra funds. And in the past two weeks, French banks

BNP Paribas faces new Japanese watchdog probe: report

2010-02-24T18:42:45Z

<div><p>French bank BNP Paribas is suspected of manipulating stock prices on the Tokyo market and may face a "severe" punishment by Japan's financial watchdog, a report said Thursday.</p><p>The Tokyo branch of BNP Paribas Securities (Japan) Ltd. allegedly manipulated the stock price of Internet and ...

Credit Agricole to repay crisis aid

2010-02-24T19:12:47Z

<div><p>French bank Credit Agricole said Wednesday it would re-pay the French government 3.0 billion euros (4.5 billion dollars) made available to help the bank weather the financial crisis.</p><p>Credit Agricole said the reimbursement would begin October 27, thereby becoming the last major French bank to announce plans to re-pay the state.</p><p&gt...

SocGen to raise euro4.8 billion to pay state loans

2010-02-24T22:23:02Z

<div id="subtitle">Societe Generale becomes second French bank to repay emergency government funding early</div><div><p>Societe Generale SA on Tuesday became the second French bank to say it is launching a rights issue to repay emergency funding from the French government early.</p><p>SocGen, France's...

BNP Paribas to raise capital, repay state aid early

2010-02-25T01:04:18Z

<div><p>French bank BNP Paribas, citing improved market conditions, said Tuesday it would repay state aid several months early through the sale of shares worth 4.3 billion euros (6.3 billion dollars).</p><p>BNP Paribas, the first French bank to reimburse the state, said it no longer needed the support because prospects for banking and profits had improved. It said the government wo...

BNP Paribas to repay state aid

2010-02-25T01:04:20Z

<div><p>French banking giant BNP Paribas on Tuesday said it will raise 4.3 billion euros (6.3 billion dollars) of new capital to repay state rescue funding from October.</p><p>The bank, which is repaying the support several months earlier than expected, said it no longer needed the state aid because the landscape for banking and profits had improved, and said the government will ea...

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