IBT Staff Reporter

83131-83160 (out of 154943)

Australia's Tatts eyes bank market to refinance A$700 mln

Australian gaming and wagering company Tatts Group Ltd is considering refinancing its A$700 million in bank debt with its existing lenders after tapping the U.S. private market in December, its chief financial officer said on Wednesday.

Australia government weighs levy for flood damage: report

Australia's government is reportedly considering a taxpayer levy to help pay for massive flood rebuilding, while preserving the budget's path back to surplus in 2012-13, as one major bank warned on Tuesday the damage bill could reach A$20 billion.

U.S. firms in China see regulation as top hurdle: survey

An increasing number of U.S. companies in China say the enforcement of intellectual property rights has deteriorated in the last year and that the regulatory environment is the biggest hurdle to doing business there, a survey showed on Wednesday.

Swatch Group sees strong start to 2011

Swatch Group , the world's largest watchmaker, has seen double-digit sales growth so far in January and is upbeat on its prospects for 2011 despite the strong Swiss franc.

Quake shakes Pakistan, tremors felt in Delhi

A powerful earthquake of magnitude 7.2 shook southwestern Pakistan early on Wednesday, jolting residents of cities as far apart as Delhi and Dubai, but the epicentre was far from major population centres.

BSE Sensex edges higher as metals climb

The BSE Sensex nudged up 0.2 percent on Wednesday powered by metal producers on firm world metal prices, but trading was choppy reflecting investor concern about inflation and a looming rate rise.

PM Singh to reshuffle cabinet amid graft, inflation

Prime Minister Manmohan Singh will reshuffle his cabinet on Wednesday in a mid-term effort to refresh a coalition government snared by corruption scandals and year-high food inflation as it faces key state elections.

Tata Steel raises 5.08 bln rupees from anchor investors

Tata Steel has raised 5.08 billion rupees ($111.8 million) from anchor investors at the upper end of an indicated price range ahead of a public share offering, reflecting investor optimism in the company's prospects in India's fast-expanding economy.

Tailenders guide India home after Pathan blitz

Yusuf Pathan blazed a half-century but India still had to call on their tailenders to clinch victory over South Africa by two wickets in the third one-day international at Newlands on Tuesday.

WaMu eyes March bankruptcy exit: attorney

Washington Mutual Inc could be out of bankruptcy in March after reworking its recently rejected plan of reorganization, the attorney overseeing the company's bankruptcy said on Tuesday.

Four banks to manage AIG share sale: sources

AIG chose Bank of America Corp , Deutsche Bank AG , Goldman Sachs Group Inc and JPMorgan Chase & Co to manage the sale of the government's 92 percent stake in the insurer, two people familiar with the situation said on Tuesday.

Google investors to look beyond search

A strong holiday shopping season will help Google Inc beat Wall Street's quarterly targets again, but investors may need more convincing to buy into the Internet giant's longer-term future.

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