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Thursday, February 9, 2012

Analysis: Middlemen take toll on China agricultural profits

Posted by Reuters: Business News on February 2, 2012

BEIJING (Reuters) – Want a slice of the billions of dollars China spends each year on farm subsidies? Become a middleman and open a toll road.



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U.S. threatens sanctions in Airbus spat with EU

Posted by Reuters: Business News on December 9, 2011

WASHINGTON (Reuters) – The United States on Friday rejected a European Union plan to eliminate subsidies provided to Airbus , and said it would request authorization from the World Trade Organization to impose potentially billions of dollars annually in trade sanctions.



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Insight: Anger rises as MF Global clients see billions frozen

Posted by Reuters: Business News on November 20, 2011

NEW YORK (Reuters) – Three weeks after MF Global’s collapse, furious former customers are still fighting for access to billions of dollars as they question why as much as two-thirds of their money is still frozen.



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MF Global fund frustration grows, CFTC confirms probe

Posted by Reuters: Business News on November 11, 2011

(Reuters) – IntercontinentalExchange Inc on Thursday added its voice to an anguished chorus of commodity traders calling for MF Global’s bankruptcy court to release billions of dollars in cash frozen in their accounts.


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Insight: Clients who fled MF Global face clawback risk

Posted by Reuters: Business News on November 10, 2011

NEW YORK (Reuters) – Former MF Global customers like Koch Industries, who pulled billions of dollars out of the stricken broker’s accounts weeks or months before its collapse, have counted their blessings in recent days.



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HP ditches costly PC unit spin-off

Posted by Reuters: Business News on October 27, 2011

SAN FRANCISCO (Reuters) – Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business.



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China lures WTO to brink of procurement deal -source

Posted by Reuters: Business News on September 27, 2011

GENEVA (Reuters) – Forty-two countries are close to agreeing an upgrade of their Government Procurement Agreement (GPA), a reform that could unlock tens of billions of dollars of commercial opportunities, and many times more if China gets on board, trade sources said on Monday.



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Analysis: Critics say new law makes them tax agents

Posted by Reuters: Business News on August 19, 2011

NEW YORK (Reuters) – A U.S. law meant to snuff out billions of dollars in offshore tax evasion has drawn the criticism of the world’s banks and business people, who dismiss it as imperialist and “the neutron bomb of the global financial system.”



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Exxon sues government over lucrative canceled Gulf leases

Posted by Reuters: Business News on August 18, 2011

NEW YORK (Reuters) – Exxon Mobil Corp sued the government to reverse a decision by the Department of the Interior to cancel offshore oil and gas leases estimated to yield tens of billions of dollars of oil.



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JPMorgan, UBS urge Madoff trustee claims be tossed

Posted by Reuters: Business News on August 2, 2011

NEW YORK (Reuters) – Emboldened by a favorable court ruling, JPMorgan Chase & Co and UBS AG urged a federal judge to throw out many claims by the bankruptcy trustee seeking to recover billions of dollars for victims of Bernard Madoff’s Ponzi scheme.



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