Finance, Banking & Insurance

UPDATE 2-Nomura says to raise up to $4.3 billion in bonds

TOKYO, Dec 1 (Reuters) - Japanese broker Nomura Holdings Inc said it would issue up to 410 billion yen ($4.3 billion) worth of bonds in its first fund-raising since acquiring parts of failed investment bank Lehman Brothers .

KGHM to meet 2008 profit forecast on hedging-paper

WARSAW, Dec 1 (Reuters) - Poland's copper miner KGHM will meet its 2008 net profit forecast of 2.9 billion zlotys ($997.2 million) as hedging transactions protected the company against the drop in the price of copper, Polish...

Germany's BayernLB gets 30 bln eur lifeline

MUNICH/FRANKFURT (Reuters) - Germany is mounting a 30 billion euro ($39 billion) rescue of stricken state lender BayernLB in one of the biggest emergency packages in Europe since the global financial crisis began.

£20bn spree was not enough, says Darling

Benedict Brogan, Daily Mail Alistair Darling admitted yesterday that the Treasury will have to pump more money into the economy to tackle the recession. And it will fuel Tory claims that the Government has pencilled in steep...

Frankfurt Stock Exchange fund trading migrates to Xetra technology

As of today, fund trading on the Frankfurt Stock Exchange operates with Xetra technology; Xetra is Deutsche Börse's fully electronic pan-European trading system. Fund trading on the Frankfurt Stock Exchange now combines the...

:Rautaruukki Company Announcement Rautaruukki adjusts steel production an

Rautaruukki Corporation Stock exchange release 1 December 2008 at 9:00 Rautaruukki adjusts steel production and continues actions to improve efficiency. Rautaruukki is continuing actions to further improve operational and cost...

FTSE slides as demand worries hit

The leading share index fell 1.2 percent in early trade on Monday as demand worries dented commodity prices, dragging down miners and energy stocks, while more signs of a sickly property market dented banks.

Hot small caps: Silence Therapeutics falls on test update

LONDON - The following is a round-up of key small cap movers on the London stock market on Monday. 9:45 a.m. -Silence Therapeutics falls after drug trial update Shares in European biopharmaceutical company Silence Therapeutics...

BNP Paribas named 'Global Bank of the Year' by The Banker magazine

BNP Paribas, one of the largest and strongest financial services groups in the world, was Wednesday night named 'Global Bank of the Year 2008' by The Banker magazine, at the ninth annual Banker Awards in London. BNP Paribas was...

DOR BioPharma Receives $1.5 Million From Sigma-Tau Pharmaceuticals for Exclusive Right to...

EWING, NJ, Dec 01, 2008 (MARKET WIRE via COMTEX) -- DOR BioPharma, Inc. ("DOR" or the "Company") announced today that it has received $1.5 million under a letter of intent with Sigma-Tau Pharmaceuticals, Inc. ("Sigma-Tau"),...