Posts Tagged ‘frank’

BG sees earnings rise

by on October 31, 2012 9:33 am BST
The company’s net profit for the three month period to 30 September totaled $1.33 billion,compared to $1.08 billion, during the third quarter last year.The rise in earnings coincided with a 4% year-on-year rise in revenue, from nearly $5.40 billion to almost $5.59 billion during the quarter. Driving

Smart new models shine light into opaque FX world

by on October 19, 2012 6:00 am BST
By Nia Williams LONDON | Fri Oct 19, 2012 2:00am EDT LONDON Oct 19 (Reuters) - A new generation of computer trading models is emerging as banks come under pressure to prove they are offering clients the best price on currency trades in an ever more competitive market. Whereas investors might once have picked

Oil groups sue SEC over anti-bribery rule

by on October 11, 2012 6:19 pm BST
The groups argue that implementation of the law, a provision of the 2010 Dodd-Frank Wall Street reform act, would put US companies at a competitive disadvantage and would be a violation of their First Amendment rights, which guarantee free speech.The suit alleges that the SEC failed to properly weigh

BG Group to sell stake in Gujarat Gas Co for $470 million

by on October 3, 2012 8:34 am BST
BG Group to sell stake in Gujarat Gas Co for $470 millionBY SELINA WILLIAMSLONDON--U.K. oil and gas company BG Group said it had reached agreement to sell its majority interest in India's Gujarat Gas Co. Ltd. for $470 million to GSPC Distribution Networks Ltd., a subsidiary of Gujarat