Its widespread corruption. Petrobras will pay more than 2 billion. Petrobras was linked to a decade of alleged kickbacks, bribes, and inflated contracts. The british trader accused of helping cause the 2012 flash crash spent the night in jail. Sarao will fight extradition to the u. S. He must agree to stay at his parents home and not use the internet. I am not making this up. Lawyers say he helped to manipulate the market and helped wipe out more than 1 trillion of value. Facebook said sales rose 42 in the quarter. Facebook generates more than half its revenue outside the u. S. The chief operating officer said the company is finding new ways to target marketers on mobile. We believe video will play a significant role in bringing marketers to facebook on mobile. We believe video will become more important over time. Olivia facebook said videos are viewed for million times 4 billion times per day. It is a nerd show. Google has unveiled a new mobile feature. Tom keene is excited about thi
British oil services of amec offer to buy another company. Youre watching Worldwide Exchange bringing you Business News from around the globe. All right. Now on monday morning, 64 as far as european equities are concerned. We are up by just. 01 . If you remember back on friday, they are holding the rally we are seeing in the european indices, but as of trading this morning well take a look at this this morning. Look at the ftse 100 up. 01 . Same for the cac 40. Well look at the sectors because it really is the banks in focus this morning up over 1 this morning. European banks among the biggest winners after regulators agreed on sunday to relax new rules to improve leverage ratios. This is a relief for the global vendors who fear raising billions in extra capital. The new standards being drafted by the bars of committee, of course, tossing the chance to reduce debt. They hope to allow that to push out lending with the economy. We can hope. Lets have a look at the bond markets this morni
She will hold a q a session to the press about 45 minutes from now. Tell us what is at stake for barbara barra. We are seeing protests not only for people angry about the ignition switch recall, but also protests from workers in colombia who were injured and are unhappy about that. A Shareholders Meeting is the place for anyone who owns a stake in the company to voice grievances. This meeting was only an hour long. It is guaranteed to be longer. Members of the press to get their questions out of the way before the annual general Shareholders Meeting begins. It is a really difficult day for directors. They have not said much, named in a lot of lawsuits. They will be running the meeting. Companybe the whole really taken responsibility here for what happened so far. 14 million recalls, 12 times the amount of cars the company has sold so far this year. Less incredible. What about the legal side of the meeting . Class you are already seeing decisions coming down. Last night, decisions comin
Eleven stocks on the S&P BSE 150 Midcap Index hit a 52-week high on 18 July. Alkem Laboratories, Ashok Leyland, AIA Engineering, CG Power and Industrial Solutions, and 360ONE among them. Achieving a new 52-week high is a significant factor for investment decision-making