02 Nov 2012
JAKARTA/LONDON - Financier Nat Rothschild is in talks with Indonesian
investors, including a contender for the country's presidency, on a plan to
counter a $1.4 billion proposal by the influential Bakrie family to dismantle
coal mining group Bumi Plc, sources said.
02 Nov 2012
LONDON - The Bank of England needs to overhaul its internal structures to
address a patchy forecasting record and open up to a broader range of views on
the economy, three independent reviews of the central bank's operations
recommended on Friday.
1:30am GMT
BEIRUT - The Syrian army abandoned its last base near the northern town of
Saraqeb after a fierce assault by rebels, further isolating the strategically
important second city Aleppo from the capital.
02 Nov 2012
ZURICH - Switzerland's 110,000 bank employees fear more bloodletting after
UBS said it would cut staff by 15 percent, a move likely to take a heavy toll on
an economy heavily reliant on finance and banking.
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