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R.E.A. Holdings plc news

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RE.B 84.00 +0.50 (0.60%)
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News Corp. Offers Bid for Consolidated Media
s Australian unit has offered 1.97 billion Australian dollars (US$2 billion) to buy Consolidated Media Holdings Ltd. in a move that, if successful, would strengthen the company's interest in Australia's largest pay-television service just as it ...
Seeking a Wizard: Time to Embrace Market Risk, or To Run From It?
Analyst at HSBC Holdings PLC have looked at more than 30 types of assets around the world, ranging from stocks in the Dow Jones Industrial Average to natural gas and wheat, since the 1990s and found that correlations in the past few months to be the ...
China's Banks Target Australia
Royal Bank of Scotland Group PLC relocated its local fixed income, commodity and currency operations earlier this year, while many other European lenders have quietly cut back in more capital-intensive areas, such as lending.
Ratings Cut for Giant Banks
In the U.K. Lloyds Banking Group PLC said that its one notch downgrade would have limited impact on the bank's funding costs and market capacity.
Interest Rate Probe Escalates
Barclays PLC agreed to pay $453 million in fines to U.S. and U.K. regulators after admitting that traders and executives tried to manipulate interest rates tied to loans and financial contracts around the world.
RBS Glitch Highlights Banks' IT Challenges
In the mid-2000s, HSBC Holdings PLC launched an ambitious program to create an international platform for its various global subsidiaries.
Walgreen Spends $6.7 Billion on Boots Stake
One of Italy's richest men, Mr. Pessina founded Franco-Italian pharmaceutical wholesaler Alliance Sante SA in 1977, eventually merging it with British pharmacy operator Boots Group PLC nearly three decades later. KKR, the New York-based investment firm ...
Verizon Wireless, T-Mobile to Swap Airwave Licenses
T-Mobile USA Inc. is buying airwave licenses, and swapping some of its own, in a deal with Verizon Wireless that should aid Verizon in getting regulatory approval for its larger acquisition of spectrum holdings from a group of cable companies. T-Mobile ...
Oil Giants Launch Bribe Probes
A nondescript office building in the heart of this 30,000-person town is now at the center of an unusual international investigation into allegations of bribery involving Eni SpA, Chevron Corp.
Absa Bank Acquires Edcon's Private-Label Cards
Absa also manages the private-label cards of retailer Woolworths Holdings Ltd. in South Africa. Edcon, a closely held and heavily indebted South African retailer controlled by Bain Capital since 2007, has been closing stores recently in an attempt to ...