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Dangote

Who Is Africa?s Richest Man?

Forbes has upped its wealth estimate for Aliko Dangote, founder and chief executive officer of the Dangote Group, to $11.2 billion.
The Bank of Italy building is seen downtown Milan

Italian Banks Primed To Blow Up

Italian banks appear close to joining Spanish banks as the euro zone's latest contribution to the financial world's endangered species list.
US Treasury Securities held by the FED: All Maturities (TREAST)

Calm Before the Storm

Economic data and news flows are light this morning as market participants take stock of the significant moves across asset classes in the past wee
US Treasury Secretary Tim Geithner

Retrospective Tax Law: US Seeks Reassurance From India

US Treasury Secretary Timothy Geithner pressed India’s Finance Minister Pranab Mukherjee on Thursday for reassurance that New Delhi welcomes foreign capital and remains committed to boosting bilateral trade and investment, following concerns connected to India's newly proposed retrospective tax measures.
HSBC bank branch logo is seen in central London

HSBC Plans To Sell Yuan Bonds Listed In London

HSBC Holdings PLC is planning to sell yuan-denominated bonds listed on the London Stock Exchange, a move that will make the City the first place outside mainland China or Hong Kong to do business in the currency.
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Bourses play nice cop to head off speed-trade rules

The world's stock exchanges are trying to rein in some of the most controversial activities of high-speed trading firms, among their most valued clients, to help head off tough sanctions from regulators.
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SEC Offers Economic Analysis For Key Swaps Rule

The Securities and Exchange Commission Thursday released a new economic analysis that will be used to justify a critical final rule that will determine which companies will face new regulations of their derivatives trading.
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SEC releases economic analysis for key swaps rule

The Securities and Exchange Commission on Thursday released a new economic analysis that will be used to justify a critical final rule that will determine which companies will face new regulations of their derivatives trading.
A man stands next to a globe displaying international stock market prices at the London Stock Exchange in the City of London

LSE Jumps More Than 8% On $614M LCH.Clearnet Deal

Shares of London Stock Exchange Group Plc (LON:LSE) soared more than 8 percent Friday morning, after the namesake bourse operator agreed to buy a majority stake in LCH.Clearnet, one of Europe’s largest clearing houses, for €463 million ($614.6 million).
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Polymetal Eyes Asian, European Acquisitions

Russian precious metals miner Polymetal is eyeing acquisitions in Kazakhstan, Armenia, Ukraine, the Russian Far East and Urals, chief executive Vitaly Nesis told Moscow's RBC Daily in an interview published on Thursday.
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Google gets real-time data from LSE

The London Stock Exchange Group is to provide real-time market data to Google, bolstering the search-engine's Google Finance offering with free access to London share prices previously only available with a 15 minute delay.
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LSE to provide real time share data to Google users

London Stock Exchange Group said on Tuesday it had struck a deal with Google to provide real-time quotes for trades on the London Stock Exchange and Borsa Italiana, information that traders currently pay a premium for.
Detail seen at the NYSE Euronext cash markets operations room in Paris

NYSE Euronext Eyes New Sectors for Growth

NYSE Euronext signaled it would shift focus to faster-growing areas like supplying computer systems and information from trading, as the U.S. exchange looks to an independent future following the collapse of a takeover by Deutsche Boerse.
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Monti, Cameron Want EU to Push for Growth

Italy and Britain called on the European Union on Wednesday to promote steps to boost economic growth and not focus solely on austerity to bring down the debt levels that have thrown the single currency into crisis.
FTSE rises as China data lift miners, UK data eyed

Nord Gold to be Listed in London - Severstal

Russian steelmaker Severstal said on Monday that a planned London listing of its Nord Gold mining unit would proceed after investors representing 10.6 percent of the share capital in the business participated in a share swap.

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