"Wallstreet" Reader

"Wallstreet" Reader


Veolia, Suez Had Discussed Tie-Up

Posted: 20 Oct 2012 01:38 PM PDT

France's Veolia Environnement and Suez Environnement recently explored a merger deal to create an industry giant. But both deny any current talks.

Kingfisher Airlines' License Is Suspended

Posted: 20 Oct 2012 09:43 AM PDT

India suspended Kingfisher Airlines' license after the carrier failed to produce a plan on how it will revive its operations.

Summit Reveals Wider Franco-German Divide

Posted: 20 Oct 2012 11:14 AM PDT

The EU summit brought disagreements between Germany and France into the open, producing a tortuous compromise over a new euro-zone banking supervisor.

HKMA Steps in as U.S. Dollar Hits HK$7.75

Posted: 20 Oct 2012 01:08 AM PDT

The Hong Kong Monetary Authority sold 4.67 billion Hong Kong dollars in the foreign-exchange market Friday New York time to prevent the Hong Kong dollar from strengthening beyond its peg to the U.S. dollar.

Canada Rejects Petronas Deal

Posted: 20 Oct 2012 04:06 PM PDT

Canada rejected Malaysian-controlled Petroliam Nasional's $5.2 billion takeover of Canadian natural-gas producer Progress Energy Resources, in a surprise that could bode ill for another proposed acquisition by China's Cnooc.