Topic: London Stock Exchange

British PM David Cameron begins India trade trip as graft scandal erupts (+video)

Cameron's trip underlines how Europe's debt-stricken states are competing to tap into one of the world's fastest-growing economies. But Friday India said it wanted to cancel a $750 million deal for a dozen helicopters made by an Anglo-Italian company due to bribery claims.

Backchannels In Indonesian business, the more things change...

A Rothschild scion is disappointed to learn that his Indonesian partners have treated him much like politically connected Indonesian businessmen have treated foreign partners for decades.

Standard Chartered shares plunge after Iran allegations

Standard Chartered market value plummeted by nearly $12.5 billion after the New York state regulator accused the UK bank of being involved in laundering money for Iran. The share price for  Standard Chartered tanked by 23 percent.

Burger King stock returns to the market

Burger King returns to the New York Stock Exchange Wednesday, two years after being taken private by owner 3G Capital. Only 16 percent of Burger King shares will be available for trading once the company returns to public life.

The Vote 'Robin Hood tax': What is it and why does Occupy want it?

As Jamie Dimon testifies before Congress (again), Occupy protesters don pointy hats to promote the 'Robin Hood tax' on stock and bond transactions – an idea Washington opposes. 

May Day: Around the world, anger and fear

Continuing economic turmoil around the globe gave this year's May Day rallies an undertone of angry class conflict.

After eviction, what next for Occupy London?

Occupy London protesters who have camped outside St. Paul's Cathedral say there's more work to be done, but some observers say the protesters' tactics have outlived their usefulness. 

BP settlement: Anadarko adds $4 billion to pay spill claims

BP settlement with Anadarko reduces chances of punitive damages for 2010 Gulf spill. Despite BP settlement, other lawsuits and fines still loom for oil giant.

Occupy London protesters dig in with tents, large pots of soup

Workers in London's financial center were greeted today with Occupy London, a growing anticapitalist demonstration in front of St. Paul's Cathedral. Some were surprisingly supportive of the protesters.

Rome riots (video): Global 'Day of Rage' peaceful, except in Rome

Rome riots erupted this weekend during a global 'Day of Rage,' a protest denouncing capitalism, inequality and economic crisis. In Rome, protesters torched cars, attacked banks and hurled rocks.

'Occupy' protests go global, riding wave of economic frustration

Protests in solidarity with 'Occupy Wall Street' occurred in US cities and around the world Saturday, sometimes drawing several thousand marchers. A key reason: Unemployment remains high, three years after a financial crisis in which banks got controversial bailouts.

Zuccotti Park to be cleaned up and Wall Street protesters cleared out

Zuccotti Park has been occupied by Wall Street protesters for the last four weeks, but in a sudden turn of events they will have to vacate the park tomorrow morning and will not be allowed to return with their sleeping bags, tarps, tables, or other gear.

Stocks end modestly lower as energy slides

The Dow fell about 3 points, ending a four-day winning streak

Stocks power to multiyear highs for April

Stocks rise to highest levels since 2008. Dow gains 490 points for the month of April. S&P is up nearly 38 points.

Carlos Slim: Poor nation billionaires high on Forbes rich list

Carlos Slim retained the top spot on the Forbes rich list for the second year in a row. The Mexican telecoms tycoon represents a growing trend of billionaires bubbling up from emerging markets worldwide. Over the past year, China doubled its number of billionaires, according to Forbes, and Moscow now has more billionaires than any other city. Of the 11 richest men in the world, the following five come from emerging economies in Latin America and Asia:

New York Stock Exchange poised to become German-owned

A potential merger would make a German company majority owners of the New York Stock Exchange, the symbolic headquarters of American capitalism.

Stock market in London and Toronto to merge

Stock market merger between London Stock Exchange and TMX Group will create one of the largest stock exchanges in the world.

Oil spill lawsuit causes BP shares to drop 2.8 pct.

Oil spill lawsuit: The US government accuses the companies of disregarding federal safety regulations in drilling the well that blew out April 20, triggering a deadly explosion.

Robert Dudley, new BP CEO, says Gulf oil spill is wake-up call for industry

Robert Dudley will become the first non-British chief executive of BP, replacing the embattled Tony Hayward.

Share price of BP falls after US demand to pay more for oil spill fallout

Shares of BP have fallen Thursday in London after US politicians called for the company to halt dividend payments and pay more compensation to American workers and companies adversely affected by the Gulf oil spill.

BP shares plunge as the company prepares for next Gulf fix: Cut-and-Cap

With the ambitious 'top kill' abandoned, BP's hope to stanch the leak lies with two relief wells that won't be finished until at least August.

Volcanic ash cloud: Where is it now?

The volcanic ash cloud from Iceland is now drifting over Africa as well as Europe, closing airports and causing cancellations of transatlantic flights to the United States.

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