Reuters: Financial Services and Real Estate

New Cowen CEO hiring, acquisitions possible-report

Sat, 28 Nov 2009 17:54:06 +0000

CHICAGO, Nov 28 (Reuters) - The chairman and chief executive of investment bank Cowen Group Inc is hiring bankers and analysts and may use proceeds from an equity offering for acquisitions, according to a report in the Wall Street Journal on Saturday.

Callebaut hopes to sell consumer business in 2010

Sat, 28 Nov 2009 16:21:58 +0000

GENEVA, Nov 28 (Reuters) - Barry Callebaut , the world's biggest chocolate maker, is still determined to sell its consumer business and hopes to clinch a deal in 2010, its chief executive was quoted on Saturday as saying.

AB InBev calls off sale of Beck's beer brand -report

Sat, 28 Nov 2009 12:33:42 +0000

FRANKFURT, Nov 28 (Reuters) - Anheuser-Busch InBev has walked away from a planned sale of its German beer brand Beck's to U.S. buyout firm Bain Capital, a German magazine reported.

Mexico's peso, stocks rebound from Dubai losses

Fri, 27 Nov 2009 21:59:25 +0000

MEXICO CITY, Nov 27 (Reuters) - Mexico's peso firmed on Friday and stocks jumped as worries eased about the exposure of major global banks to Dubai's debt troubles.

LSE gained market share in system failure -TR data

Fri, 27 Nov 2009 18:11:31 +0000

* Overall trading volumes rose slightly on Thursday -data

FTSE ends up 1 pct; banks rebound, miners rally

Fri, 27 Nov 2009 18:01:01 +0000

LONDON, Nov 27 (Reuters) - Britain's top share index ended 1 percent higher on Friday, recouping part of the previous session's sharp losses as banks rebounded on subsiding Dubai debt fears while firmer commodity prices aided miners and oils.

UPDATE 1-Novera accepts 112 mln stg offer from Infinis

Fri, 27 Nov 2009 16:56:52 +0000

* Infinis buys additional 3.5 percent stake at 77p per share

Mexico's peso, stocks rebound from Dubai losses

Fri, 27 Nov 2009 16:36:14 +0000

MEXICO CITY, Nov 27 (Reuters) - Mexico's peso firmed sharply on Friday and stocks jumped as worries eased about the exposure of major global banks to Dubai's debt troubles.

US commercial paper market shrinks in latest week-Fed

Fri, 27 Nov 2009 15:49:08 +0000

NEW YORK, Nov 27 (Reuters) - The U.S. commercial paper market contracted in the latest week, Federal Reserve data showed on Friday, adding to hints that a three-month expansion of the market might be stalling amid a feeble economic recovery.

British govt puts 150 mln stg in venture fund

Fri, 27 Nov 2009 15:30:08 +0000

* Plans Europe's largest venture capital fund at 1 bln stg