Business

New Honda CEO Says No Plans To Help Air Bag Firm Takata Fund Global Recalls

Honda Motor Co's (7267.T) new chief executive said the Japanese automaker has no plans for now to provide financial aid to Takata Corp (7312.T),...

Exclusive: UK Targets Sale Of Half Its RBS Stake In Two Years – Sources

Britain is planning to sell half its stake in Royal Bank of Scotland (RBS.L), worth 16 billion pounds ($25 billion), within two years of...

China Brokerages Pledge To Buy $19.3 Billion In Shares To Steady Plunging Market

China's top securities brokerages said on Saturday that they would collectively buy at least 120 billion yuan ($19.3 billion of shares in a bid to...

Greek Minister Says Europe Won’t Let Athens Go Under

Greece’s finance minister accused creditors of trying to "terrorize" Greeks into accepting austerity, warning Europe stood to lose as much as Athens if the...

European Bonds And Stocks On The Defensive Before Tight Greek Vote

European bonds and stocks traded cautiously on Friday before a Greek referendum on EU-prescribed reforms that could determine the country's future in the euro...

Aetna To Buy Humana For $37 Billion In Largest Insurance Deal

Health insurer Aetna Inc (AET.N) on Friday said it would buy smaller rival Humana Inc (HUM.N) for about $37 billion in cash and stock,...

FIRS Collects N1.8trn In 6 Months

The Federal Inland Revenue Service (FIRS) Thursday said that it collected N1.85 trillion as tax from the various sectors of the economy between January...

Wall St. Up As Tepid Job Data Eases Rate Hike Concerns

U.S. stocks rose on Thursday after data showed job growth slowed in June, indicating that the U.S. Federal Reserve might hold off on raising...

BP To Pay £12bn For Gulf Oil Spill

BP has reached an $18.7bn (£12bn) settlement with the US Department of Justice (DoJ) following the 2010 Gulf of Mexico oil spill. It comes as...

Boom Times For Healthcare Mergers Bring Bankers 59 Percent Rise In Fees

A surge in mergers and acquisitions in the healthcare sector has been a windfall for investment bankers, with fees from activity in the sector...
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