US defends MetLife's SIFI designation and asks court to dismiss insurer's lawsuit
Companies with SIFI designation in US would be subjected to stricter regulatory oversight and tighter capital and liquidity requirements.
As Cuba opens, Hollande seals deal for Total to explore for oil off island's coast
French president, on state visit, urges west to life embargo on Cuba.
Fears that Iran is busting sanctions after Mahan Air purchases nine airbuses
Private airline blacklisted by US and Europe because of alleged links to the revolutionary guard.
Market round-up: Royal Mail surge can't stop FTSE 100 falling into red
FTSE 100 had been buoyed by China's interest rate cut but failed to build on morning momentum
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India nominates banker KV Kamath as first chief of Brics' New Development Bank
Kamath headed country's private banking giant ICICI Bank until April 2009.
Asian markets round-up: Bourses outside Sydney gain on China stimulus measures
Shanghai Composite index gains 3% on the back of Beijing's latest stimulus measures.
FCA shines light on murky world of general insurance sales
Insurers and intermediaries do not always provide clear and easily understandable information, said the regulator.
Nasdaq tests bitcoin to make use of blockchain technology
Company intends to test blockchain in Nasdaq Private Market – the marketplace to handle pre-IPO trading among private companies.
George Osborne likely to sell RBS shares at loss now that Tories have won
Government looks at accelerating disposal of its shares in banks rescued during the 2007-2009 financial crisis.
Sharp shares plunge 30% as firm restructures itself as medium-sized
Sharp is expected cut its capital by more than 99% to ¥100m and issue preferred stock, diluting stake of common shareholders.
Financial services giant USAA to study use of bitcoin technology
USAA executive Alex Marquez says blockchain technology may help decentralise the firm's operations like the back office.
FX fixing scandal: Goldman Sachs ready to pay $129.5m to investors to settle lawsuit
Final accord may be reached in the "next several weeks", according to the Wall Street Journal.
BP has right to appeal some Gulf of Mexico spill claims, US judge rules
Decision could help BP limit its payout to victims of Deepwater Horizon disaster.
Visa in early-stage talks to buy former subsidiary Visa Europe for up to $20bn
Visa approached Visa Europe for deal, and firms are now reportedly working with advisers.
Tesco looks to offload mobile business as Dave Lewis aims to sell non-core assets
Tesco could yield hundreds of millions by selling off non-core parts of business as it looks to bounce back.
Troubled Japanese airbag maker Takata may return to profit this fiscal year
Exploding airbag maker Takata forecasts a net profit of ¥20bn for the year through March 2016.
Blackstone amasses $17bn global buyout fund
Blackstone Capital Partners VII is the largest PE fund to be raised since Apollo Global's $18.4bn flagship fund.
Just Eat to buy Australia's Menulog for £445m
Menulog is Australia's answer to Just Eat
Asian markets round-up: Most bourses trade higher on hopes of more China stimulus
India's Sensex buoyed by news that New Delhi has set up a panel to suggest ways to resolve retrospective tax row.
BG Group profits plunge on fallen oil prices
BG Group reports 62% profit fall in first quarter.
China's Alibaba may pump $1.2bn in Indian smartphone major Micromax
The deal will give Alibaba a near 20% stake in Micromax, valuing the Indian firm at between $5bn and $6bn.
Swiss agrochemicals firm Syngenta confirms rejection of $45bn offer from Monsanto
Company's board unanimously decided to reject offer, which "fundamentally undervalues Syngenta's prospects".
Hutchison Whampoa gets £3.1bn funding from 5 investors for O2 acquisition
Investors agree to buy 33% stake in Hutchison's British mobile phone business, combining Three and O2 UK.
Microsoft feels Salesforce too pricey and not bidding for it
Microsoft finds valuation of cloud computing firm on the high side.
Uber submits $3bn bid for Nokia's HERE maps
Consortium of German automakers, including BMW, Audi and Mercedes-Benz, is also working on bid for HERE.
Grocery retailer Whole Foods launching lower-priced chain aimed towards millennials
The high-end, organic food company made the announcement after a drop in share earnings.
Kuwait decides to buy F-18 fighter jets from Boeing for $3bn, rejecting UK-made Typhoon deal
Deal means US aircraft maker can keep open St. Louis, Missouri, production line.
Rangers: Glasgow's fallen superclub reduced to a rich man's plaything
What lies in store for the Ibrox club as it looks to re-enter Scotland's top tier?
China's Alibaba could invest in Indian smartphone major Micromax
Negotiations between Alibaba and Micromax are underway.
Nintendo posts first profit in four years
Japanese video game maker last reported a profit in 2011.
Siemens to cut another 4,500 jobs worldwide
Fresh job cuts come in addition to 7,800 announced in February.
David Potts unable to halt Morrisons sales slide in first quarter
Sales down 2.9% in 13 weeks to 3 May
Daimler gets go-ahead for open road tests of self-driving truck
Nevada has given Daimler AG, the world's biggest truck maker, the go-ahead to test its self-driving heavy freight truck.
Asian markets round-up: Margin trading concerns and growth worries weigh on sentiment
Morgan Stanley downgrades MSCI China index to equal-weight, from overweight, the first downgrade in over seven years.
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'Juan Ponce Enrile Is Dead' Reports Spread Online: Daughter Clarifies Ex-Senator Is Alive
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Breakaway Taliban Faction Claims Responsibility for Islamabad Suicide Bombing That Killed 12
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Aurora Borealis Forecast Shows Rare 'Cannibal CME' Event — Scientists Say It Could Rival the 2024 Superstorm
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Erika Kirk Criticised For Being 'Everywhere But With Her Kids' After Oval Office Sighting
