Nikki Tait

Brussels warns on accounts rules

By Nikki Tait in Brussels and Rachel Sanderson in London Brussels has warned that it will be months before it decides whether to support a radical overhaul of accounting rules on how banks and other financial institutions value...

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Oracle wins more time for Sun merger (at FT.com)

By Nikki Tait in Brussels and Richard Waters in San Fransisco The European Commission has agreed to a request by Oracle to extend the deadline for approval of its proposed $7.4bn merger with Sun Microsystems . The Commission,...

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KBC to shed risky lines in EU compliance deal

By Stanley Pignal and Nikki Tait in Brussels Belgium’s KBC has become the latest financial group to pledge to transform itself into a significantly smaller and less risky operation following pressure from the European Union...

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Move to curb European fund managers' pay

By Nikki Tait in Brussels and Brooke Masters and Sam,Jones in London Hedge fund and private equity fund managers could face new restrictions on pay under proposals set to be unveiled this week as European Union countries work...

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Intel settles antitrust AMD case for $1.2bn

By Richard Waters in San Francisco and Nikki Tait in,Brussels Intel sought to quell a rising tide of complaints over its business practices as it agreed yesterday to pay $1.25bn to settle a private antitrust lawsuit from rival...

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Ceiops to give annuities reprieve in UK

By Paul J Davies and Nikki Tait UK life assurers are closer to gaining a reprieve on their huge books of annuity business after European regulators reined back from their very conservative interpretation of proposed new capital...

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Oracle dispute with European trade watchdog intensifies

By Nikki Tait in Brussels and Richard Waters in San,Francisco The battlelines between Europe's top competition watchdog and Oracle hardened yesterday, when Brussels described the US software company's strident overnight attack...

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Thomson Reuters to face 'lock-in' probe

By Nikki Tait in Brussels and Jeremy Grant in London Europe’s competition watchdog has opened a full inquiry into the datafeed supply agreements between Thomson Reuters and its trading customers. The European Commission...

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Brussels warning on fair value shake-up

By Rachel Sanderson in London and Nikki Tait in Brussels Brussels has warned that a radical overhaul of rules on how banks value their assets could lead to greater volatility in their accounts, undermining broader financial...

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GM faces a tough road ahead over Opel

By Bernard Simon, Daniel Schaefer, Richard Milne and Nikki Tait General Motors’ decision to hold on to its European operations may preserve its status as a global company but it could also give the struggling Detroit carmaker a...

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