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UK's Osborne urges banks to lend, restrain bonuses
(Reuters) Reuters - British finance minister George Osborne urged the country's banks to use strong first-half profits to boost business lending rather than pay large bonuses, in an interview published late on Saturday. Eurazeo in exclusive B&B Hotels talks with Carlyle
(Reuters) Reuters - French financial holding firm Eurazeo said on Saturday it is in exclusive talks to sell its B&B Hotels chain to U.S. private equity firm the Carlyle Group. BP may sell German gas stations for $2.6 billion: report
(Reuters) Reuters - BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment bankers familiar with BP's plans. Jobs data, earnings latest test for stocks
(Reuters) Reuters - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery. ICICI Bank profit up 17 percent on better loans
(AP)
AP - ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy. |
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