Finance Law

Volkswagen AG’s decision to spend 4.46 billion euros ($5.5 billion) of cash to complete its acquisition of Porsche SE makes the automaker more creditworthy in the eyes of investors, who pushed its bonds to record highs. VW’s 1.25 billion euros of 2.75 percent notes due 2015 rose to 104 cents on the euro last week, [...]

Blissett and RadioWorks Ltd – 2012-006 Dated: 05 July 2012 Number: 2012-006 Complainant: • Simon Blissett of Ashburton Channel: Radio Live Broadcaster: RadioWorks Ltd Members • Peter Radich (Chair) • Te Raumawhitu Kupenga • Leigh Pearson • Mary Anne Shanahan ________________________________________ Complaint under section 8(1B)(b)(i) of the Broadcasting Act 1989 Michael Laws Talkback – host [...]

LONDON: Banks are “throttling” the recovery of Britain’s economy by failing to lend small firms desperate for loans, Business Secretary Vince Cable said on Sunday. Cable, a long-term critic of Britain’s large banks, said the government needed to focus on ensuring a 100 billion pound ($155 billion) credit boost announced in June reached companies that [...]

By MATTHEW CRAFT The Associated Press E-mail Print Larger Type Small Type NEW YORK — For almost three years, no matter what has rattled the financial markets — a debt crisis in Europe, high gasoline prices, a slower economy — investors have been soothed by rising corporate profits. The storyline became as predictable as a [...]

By MATTHEW CRAFT The Associated Press E-mail Print Larger Type Small Type NEW YORK — For almost three years, no matter what has rattled the financial markets — a debt crisis in Europe, high gasoline prices, a slower economy — investors have been soothed by rising corporate profits. The storyline became as predictable as a [...]

Editor’s note: Lawrence Norden is deputy director of the Democracy Program at the Brennan Center for Justice at NYU School of Law. (CNN) — Amid our vacations, fireworks and barbecues Wednesday, it’s easy to forget that we are actually commemorating the signing of the Declaration of Independence. The most famous phrase from that document is [...]

Editor’s note: Lawrence Norden is deputy director of the Democracy Program at the Brennan Center for Justice at NYU School of Law. (CNN) — Amid our vacations, fireworks and barbecues Wednesday, it’s easy to forget that we are actually commemorating the signing of the Declaration of Independence. The most famous phrase from that document is [...]

Chris Ratcliffe/Bloomberg NewsPaul Tucker, deputy governor of the Bank of England. LONDON — Questions about the close links between banking regulators and the financial institutions they oversee will come into focus on Monday, when a top official at Britain’s central bank appears before a parliamentary committee here looking into the manipulation of global interest rates. [...]

Chris Ratcliffe/Bloomberg NewsPaul Tucker, deputy governor of the Bank of England. LONDON — Questions about the close links between banking regulators and the financial institutions they oversee will come into focus on Monday, when a top official at Britain’s central bank appears before a parliamentary committee here looking into the manipulation of global interest rates. [...]

Hellenic Telecommunications Organization SA (HTO) has gone from being the biggest loser in Europe’s bond market to the best performer as its debt reduction plan kicks in and concern Greece will exit the euro recedes. The phone company’s 3.25 billion euros ($4.1 billion) of bonds in the Bank of America Merrill Lynch Euro High Yield [...]