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.
Japan: Exports and Imports Drop in May
Lower imports help Japan narrow its trade deficit to $8.9bn.
Warren Buffet Rejects Rumours of Coca-Cola Takeover Bid
Activist investor David Winters says Buffet could be looking to take Coca-Cola private.
Siemens, Mitsubishi and GE Urged to Improve Alstom Bids
Paris expects improved offers ahead of 23 June deadline imposed by GE for its bid.
Oil Futures Hover Near Nine-Month Highs as Iraq Crisis Escalates
Brent's premium to the August WTI contract stood at $6.69 in early trade.
India: Central Bank Intervenes to Arrest Rupee Fall
70% of India's oil needs met by imports, leaving rupee largely defenceless against oil price swings.
Most Asian Markets Trade Lower on Iraq and Ukraine Jitters
Oil supply-side shock can limit the extent of monetary adjustment possible in Asia.
Alibaba US IPO: Firm Reveals More Details About Business in Revised Prospectus
Alibaba's revenue in the quarter ended March rose 38% year-on-year to $1.9bn.
India: Wholesale Price Inflation Jumps to Five-Month High of 6.01%
Indian bond yields fell and rupee weakened after release of WPI data.
