Arabtec, one of the contractors that built the tallest tower in the world, said the company is

MOSCOW (Reuters) - Rosneft , the state-owned Russian crude producer which earlier this year bought TNK-BP, announced several senior management appointments on Monday after former TNK-BP executives decided to leave positi ...

FRANKFURT (Reuters) - The German state of North-Rhine Westphalia may buy more secret Swiss bank data to clamp down on tax evaders even as politicians seek diplomatic ways to end bank secrecy, its finance minister said on ...

The hunt is on for the author of a totally inappropriate 'congratuatory' letter which has been sent anonymously to a recently-promoted Director and several of her top firm colleagues at an investment banking unit in New ...

Bill Gates is once again the world's richest person....   read more ...

Senior bankers at UBS have raised concerns about using Bloomberg and other external chat groups to share confidential information about clients, in the latest sign of banks clamping down on online security....   rea ...

Almost three years ago, when Goldman Sachs paid $550m to settle fraud accusations by the Securities and Exchange Commission, one of the claims was that Goldman misled the bond-insurer ACA Financial Guaranty in a horribly ...

As JPMorgan Chase's Jamie Dimon prepares for a vote Tuesday on whether he should keep his chairman and chief executive officer titles, he may take comfort knowing most of his biggest shareholders are led by men with the ...

Bernard Madoff once had billions of dollars, but now he makes $40 a month doing menial prison labor....   read more ...

Danielle Chiesi, the 47-year-old securities analyst who pleaded guilty to securities fraud in the biggest U.S. insider-trading crackdown, is back in town....   read more ...

Work trips can leave businesses particularly susceptible to security breaches but there are many ways to reduce the risk ...

HONG KONG (Reuters) - Goldman Sachs Group Inc launched the sale of about $1.1 billion (722.6 million pounds) worth of Hong Kong-traded shares in Industrial and Commercial Bank of China on Monday, offering its entire rema ...

Chief executive Marissa Mayer, targets growth on mobiles in her first comments since completing the $1.1bn acquisition of Tumblr, the social media website ...

The US bank is selling its stake in Industrial and Commercial Bank of China, taking total profits on its initial investment to over $7.3bn ...

(Reuters) - General Electric Co said its financial unit GE Capital Corp would pay $6.5 billion in dividends to the parent in 2013 as part of a plan to reduce the unit's size. ...

(Reuters) - Generic drugmaker Actavis Inc , itself the subject of takeover speculation, said on Monday it would buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock to expand its branded drug ...

(Reuters) - Standard Chartered has agreed to buy the Indian wealth management unit of Morgan Stanley , helping the British bank expand its private banking business in Asia's third-largest economy. ...

LONDON (Reuters) - AstraZeneca is closing in on a site for its new $500 million home in Cambridge, with a biomedical park just south of the English city the most likely site, property industry sources said. ...

The European Commission in recent days sent requests for information to at least Swiss-based commodities titans Glencore and Mercuria ...

KABUL (Reuters) - PepsiCo will open its first plant in Afghanistan in 2014, its Afghan partner said on Monday, the same year foreign troops complete their withdrawal from the country after 13 years of war. ...

HONG KONG/PARIS (Reuters) - France's Danone is aiming for a bigger slice of one of the world's fastest-growing dairy markets by investing 325 million euros ($417 million) in two deals with China Mengniu Dairy Co Ltd . .. ...

LONDON (Reuters) - John Thornton, the former Goldman Sachs president who specialises in Chinese affairs, is stepping down from the board of HSBC to spend more time on his other business interests, Europe's biggest bank s ...

If you work for an investment bank, you may feel that a grandiose job description is your due - but be careful....   read more ...

Nearly a year ago, James Gorman sat in a chair on his firm's trading floor, clipped on a microphone and stared into a camera. For Morgan Stanley's CEO, it was Facebook judgment day....   read more ...

Jamie Dimon is in the middle of a lovefest....   read more ...

A group of fund managers has warned that pending European Union bankers bonus cap rules could damage a significant part of London's financial services sector....   read more ...

Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase cut off the bank's opponents from polling information.... & ...

Ming Chao Zhao, a former Bank of Montreal analyst, admitted to engaging in insider trading over an 18-month period and agreed to pay C$1.19m ($1.16m) to settle the case, according to the Ontario Securities Commission.... ...

Bloomberg's data breach offers uncomfortable lessons about how we conduct business in a digital era....   read more ...

Here is a note of 11 things that happened on this day in history....   read more ...

Here's a note of the recruitment firms we like....   read more ...

All-stock deal worth $8.5bn including debt brings an end to a recent series of merger talks around Actavis ...

The Platform report alleges that Gazprom and Rosneft partnerships still conceal dangers that could have big ramifications for the western companies ...

US drugs maker Actavis, itself the subject of bid speculation, agrees to buy Dublin-based rival Warner Chilcott in a move worth up to $8.5bn (£5.6bn). ...

Chesapeake Energy said it hired Robert Douglas Lawler of rival Anadarko Petroleum as chief executive, filling the post vacated by co-founder Aubrey McClendon....   read more ...

Fall-out from West Coast mainline fiasco was

Former Justice Department official was kicked out this month after he apparently refused to co-operate with Russia's domestic spy agency, the FSB ...

The rival offer contained no details of how a deal would be financed, and has been with scepticism by many people close to the deal ...

(Reuters) - GE Capital Corp's board has approved a plan to pay $6.5 billion in dividends, including a special dividend of $4.5 billion, to parent General Electric Co in 2013. ...

Ryanair wants to more than double its share of the European short-haul market to 20 per cent in the next five years     ...

(Reuters) - Chesapeake Energy Corp said it hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling the post vacated by co-founder Aubrey McClendon. ...

(Reuters) - Yahoo Inc will buy online blogging service Tumblr for $1.1 billion (723.4 million pounds) in cash, the company said on Monday. ...

People who receive tax credits are being warned about scam emails being sent out by fraudsters in an attempt to gather card details and passwords. ...

(Reuters) - Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal was "superior ...

LONDON (Reuters) - British retailer Marks & Spencer is expected to report its lowest annual profit in four years on Tuesday as a struggling general merchandise division drags on the growth in food sales. ...

DOHA (Reuters) - Three Qatari state-backed entities, including the Gulf Arab nation's acquisitive sovereign wealth fund, are setting up a $1 billion fund to invest in overseas energy infrastructure assets. ...

TOKYO (Reuters) - A Japanese government panel warns there is "absolutely no" guarantee that domestic investors will keep buying government bonds, citing the risk of a spike in bond yields that could crimp long-term growt ...

(Reuters) - Dell Inc sent a letter to suitors Carl Icahn and Southeastern Asset Management saying the company could not provide more information about itself unless the board determined that their proposal was "superior" ...

Bloomberg LP's response to its privacy scandal is coming under increasing criticism despite more than a week of statements from the company.....   read more ...

(Reuters) - Generic drugmaker Actavis Inc will buy specialty pharmaceuticals company Warner Chilcott Plc in a stock deal valued at about $8.5 billion (5.5 billion pounds). ...

LONDON (Reuters) - Vodafone has withdrawn from the running to provide a mobile service to fixed-line operator BT , two industry sources told Reuters, bringing to an end a nine-year partnership. ...

LONDON/STRASBOURG, France (Reuters) - A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if there is a global framework as well, a top UK regulator said on Monda ...

(Reuters) - GE Capital Corp's board has approved a plan to pay $6.5 billion (4.2 billion pounds) in dividends and a further $4.5 billion in special dividends to parent General Electric Co in 2013. ...

TOKYO (Reuters) - Japan's Universal Entertainment Corp booked a charge on Monday against a $25 million (16.4 million pounds) payment at the centre of a FBI investigation into possible bribery in the Philippines, saying t ...

Will it impact you ?...   read more ...

More than three quarters (77%) of whistleblowers from the financial services industry are ignored when they first raise concerns, according to research conducted by whistleblowing charity Public Concern at Work with supp ...

The grey metal and gold fall to the lowest level since September 2010 on reports of a large sell order in early Asian trading, amid thin trading volumes ...

JAKARTA (Reuters) - Indonesia named its respected investment chief as finance minister on Monday as Southeast Asia's biggest economy grapples with slowing economic growth and how to bring down the massive cost of fuel su ...

MUMBAI/NEW DELHI (Reuters) - India's Essar Oil Ltd will sign a $1 billion loan deal with China on Tuesday that sources with knowledge of the matter said would be backed by supply of refined products to top state oil prod ...

LONDON (Reuters) - Fund firm Babson Capital has attracted $5 billion of new money to invest in high-yield bonds and loans in the past 12 months, as investors turn to higher-risk bank loans to offset weak returns on their ...