Alibaba Picks NYSE Over Nasdaq for Mega US IPO
Impending share sale could value Chinese firm upwards of $200bn.
Crude Prices Dip Ahead of US Data and Iraq's Plan to Increase Exports
US could export some 750,000 bpd of slightly-refined light crude oil August onwards.
Missing Flight MH370: Malaysia Airlines Reviewing Future Jet Purchases After Disaster, Says CEO
Passengers avoid Malaysia Airlines following unexplained disappearance of flight MH370.
LSE Plans $1.6bn Rights Issue to Fund Frank Russell Acquisition
LSEG to acquire Frank Russell from US-based Northwestern Mutual for $2.7bn.
GM Car Recalls: Some Defective Ignition Switches Were Made in China
GM also preparing to recall some Cruze sedans over faulty Takata air bags.
China and Singapore Vie for Alternative to London Gold Fix
World Gold Council meeting scheduled for 7 July hopes to 'explore reform of the London Gold Fix'.
Crude Prices Mixed as Iraq Mulls Higher Exports and US Loosens Oil Export Ban
Brent hit by news that Iraq plans big increase in oil exports in July.
EU Regulators Could Slap Antitrust Fines on Philips, Samsung and Infineon
EU antitrust arm has charged the three firms with operating a cartel that fixed microchip prices.
French Finance Minister Montebourg Confirms Ready Cash for €2bn Alstom Stake
French Economy Minister Montebourg says Paris has cash from previous share sales to fund Alstom stake.
US Court Fines British Banker David Higgs for Hiding $100m in Subprime Liabilities
Higgs, a former London-based Credit Suisse trader, has been spared prison.
Fed Reserve Not Involved in Clearing India's Oil Dues to Iran, States US Treasury
2013's interim nuclear deal has allowed Iran access to $4.2bn in frozen oil revenues.
Crude Futures Drop as Iraqi Oil Data Eases Supply Fears
Exports from Iraq's southern terminals averaged 2.53 million bpd as of 21 June.
KKR Invests $567m in Spain's Acciona Energia International Ahead of IPO
Private equity heavy-hitters Kohlberg Kravis Roberts picks up a one-third stake ahead of a likely flotation of AEI assets.
Ex-Millennium Fund Manager Michael Balboa Gets 4 Years in Prison for Fraud
Balboa swindled investors by overstating the value of Nigerian debt by $80m.
Credit Suisse Accused of Hiding 'Hottest Documents' in MBIA Mortgage Securities Dispute
MBIA wants Credit Suisse to carry out 'targeted re-review' of records to ensure it is turning over evidence properly.
Iraq Isis Crisis: Brent Hovers Near Nine-and-Half Month High on Supply Worries
Brent was at a premium of $7.83 to WTI crude.
Ithaca Energy Buys Stakes in Three UK Oil Fields for $170m
Ithaca picks up interest in Cook, Pierce and Wytch Farm oil fields.
Spain's Santander to Buy GE Money Bank for $951m
Deal to boost Santander's presence in Sweden, Norway and Denmark.
Honda, Nissan and Mazda Recall Over 2 Million Cars to Fix Faulty Takata Airbags
Toyota has also recalled some 650,000 vehicles to deal with potentially faulty airbags.
BNP Paribas Could Pay up to $9bn to Settle US Sanctions Probe
US investigators claim French bank hid transactions worth $30bn.
GM Car Recalls: Quality Manager William McAleer Had 'Warned' Board of Safety Flaws
McAleer has sent copies of his 2002 letter to US House and Senate committees.
Crude Oil Futures Finish Higher Amid Iraq Supply Disruption Fears
Oil to jump if conflict spreads to southern Iraq, where most production sites are based.
Gold Prices to Rise Further on Fed Reserve's Dovish Stance and Iraq Crisis
Traders keen on gold above psychologically important $1,300 an ounce level.
China's Re-Balancing Act will Hit Asia's Exporters
One percentage point decline in China growth can cut median Asian economy growth by 0.3 percentage point.
Chrysler Next on Regulator's Ignition-Switch Hit List
US NHTSA says investigations involve older Jeep, Dodge and Chrysler models.
GM Car Recalls: Emails From 2005 Show Firm Neglected Safety
GM CEO Mary Barra promises to compensate victims and families of those dead.
Sony Boss Kazuo Hirai Not Planning to Hive Off Entertainment Business
Sony's stock jumps 3.71% in Tokyo as company looks to revamp operations.
Thai Political Crisis Could Hit Japanese Exports: BOJ Minutes
Bank of Thailand slashes its 2014 GDP growth forecast to 1.5% from 2.7%.
Asia's Business Sentiment Spikes to Over Two-Year High
ThomsonReuters/INSEAD Asia Business Sentiment Index jumps to 74 in Q2 from 64 in Q1.
Bernie Madoff's Accountant Paul Konigsberg to Plead Guilty to Fraud Charges
Konigsberg charged with two counts of conspiracy and three counts of falsifying records and statements.
