New London | OTC Capital Partners
Saturday, July 31, 2010

BA cabin crew union rejects new pay offer

Posted by Reuters: Business News on July 20, 2010

LONDON (Reuters) – British Airways’ main cabin crew union, Unite, said on Tuesday its members had rejected a revised airline pay offer, in a long-running dispute over pay and staffing levels which has cost the carrier millions.



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S&P keeps threat of ratings downgrade hanging over UK

Posted by Reuters: Business News on July 12, 2010

NEW YORK/LONDON (Reuters) – Britain is still in danger of losing its triple-A rating despite the ambitious fiscal tightening announced by the country’s new coalition government last month, Standard & Poor’s said on Monday.



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BP in talks with Apache and others on assets: source

Posted by Reuters: Business News on

NEW YORK/LONDON (Reuters) – Under-pressure BP Plc is in talks with U.S. oil and gas company Apache Corp and other companies over potential asset sales, a source familiar with the situation said on Sunday, as it weighs how to pay costs related to the Gulf of Mexico oil spill.



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BP launches search for new investors: report

Posted by Reuters: Business News on July 4, 2010

LONDON/DUBAI (Reuters) – Oil major BP Plc is seeking a strategic investor to secure its independence in the face of any takeover attempts as it struggles with a devastating oil leak in the Gulf of Mexico, newspapers said on Sunday.



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BP launches search for new investors: reports

Posted by Reuters: Business News on

LONDON/DUBAI (Reuters) – Oil major BP Plc is seeking a strategic investor to secure its independence in the face of any takeover attempts as it struggles with a devastating oil leak in the Gulf of Mexico, newspapers said on Sunday.



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Skin cancer drug news boosts Bristol shares

Posted by Reuters: Business News on June 7, 2010

NEW YORK/LONDON (Reuters) – Bristol-Myers Squibb Co’s shares rose more than 8 percent on Monday after news over the weekend that its experimental drug ipilimumab extended survival in patients with deadly skin cancer.



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U.S. Treasury says it has not considered any other AIA deal

Posted by Reuters: Business News on May 29, 2010

NEW YORK/LONDON (Reuters) – The future of Prudential’s deal to buy AIG’s Asian life insurance arm remained uncertain on Saturday, with the U.S. Treasury saying it has not considered any other deal than the existing contract on the table.



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Risk assets surge after euro rescue package

Posted by Reuters: Business News on May 10, 2010

NEW YORK/LONDON (Reuters) – Global financial markets surged on Monday after officials agreed to a $1 trillion emergency rescue package to avert a sovereign debt crisis in Europe from festering and engulfing the rest of the world.



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Goldman earnings beat overshadowed by fraud probe

Posted by Reuters: Business News on April 21, 2010

NEW YORK/LONDON (Reuters) – Goldman Sachs Group Inc reported blow-out quarterly earnings on Tuesday, but investors appeared to focus on the U.S. fraud case against the bank as Britain’s market watchdog launched its own probe.



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Goldman earnings beat overshadowed by UK probe

Posted by Reuters: Business News on April 20, 2010

NEW YORK/LONDON (Reuters) – Goldman Sachs Group Inc reported blow-out quarterly earnings on Tuesday, but investors appeared to focus on the U.S. fraud case against the bank as Britain’s market watchdog launched its own probe.



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