CEO of Deutsche Boerse Group Reto Francioni leaves after a statement ...
Feb 1st, 2012
(AP) - CEO of Deutsche Boerse Group Reto Francioni leaves after a statement at the stock market in Frankfurt, Germany, Wednesday, Feb. 1, 2012. Germany's Deutsche Boerse says the European Commission is to block its planned merger with stock market operator NYSE Euronext. Deutsche Boerse AG said in a statement Wednesday that the European Union's executive body is prohibiting the merger because it found it to be inadmissible under competition law. (AP Photo/Michael Probst) -
has no interest in buying European exchange group Euronext, sources close to the Germany-based group said on Tuesday. The Wall Street Journal had cited people familiar with the discussions as saying that Deutsche Boerse, London Stock Exchange Group Plc (LSE) were considering bids for Euronext, part of IntercontinentalExchange Group Inc Deutsche Boe... [Full Article]
Three Wall Street trade groups sued the U.S. Commodity Futures Trading Commission on Wednesday to stop tough overseas trading guidelines that they fear could hurt markets and reduce their profits. The groups accused the CFTC in their lawsuit of circumventing a more rigorous rulemaking process by issuing its cross-border regulations as "guidanc... [Full Article]
NEW YORK (AP) - MSNBC host Martin Bashir resigned from the network Wednesday, nearly three weeks after making graphic remarks on his show about former Alaska Gov. Sarah Palin. (Source: Associated Press)... [Full Article]
MUMBAI (Reuters) - The BSE Sensex fell for a third consecutive session on Thursday after Standard & Poor's said it may cut the country's sovereign rating if the next government fails to provide a credible plan to revive the economic growth. Traders said TV reports quoting economic affairs secretary Arvind Mayaram as saying that state-... [Full Article]