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EAA Sets Pricing on Euro Benchmark 5-Year Bond at Swaps +0.18-0.20
Germany's Erste Abwicklungsanstalt, or EAA has set pricing on its euro-denominated, benchmark-size bond between 18 to 20 basis points over midswaps, one of the banks running the deal said Tuesday.
Newcrest Suspends Lihir Gold Mine; Dispute With Landowners
Newcrest Mining Ltd. (NCM.AU), Australia's largest gold miner by market value, has suspended operations at its Lihir mine in Papua New Guinea amid a dispute over compensation with a local landowner group.
Finland Sets Pricing on Euro 10-Year Bond at Swaps +0.05 Area
The Republic of Finland has set pricing on its euro-denominated, benchmark-size, 10-year bond in the area of five basis points over midswaps, one of the banks running the deal said Tuesday.
AstraZeneca Appoints Roche Pharma Head as CEO
AstraZeneca PLC (AZN) Tuesday said it has appointed Pascal Soriot from Swiss rival Roche Holding AG (ROG.VX) as chief executive, ending months of uncertainty at the U.K. drug giant.
Cathay Financial: Looking for Stake in Chinese Bank; Talking With 'a Few'
Cathay Financial Holdings Co. (2882.TW) is looking to snap up a stake in a China bank and is talking with "a few" about a deal, although nothing is imminent, Vice President Alan Lee said Tuesday.
Europe Stocks Push Lower, Led By Oil, Pharma
European stock markets were trading lower on Tuesday, surrendering a portion of the prior day's gains, after Japan cut its economic forecasts for the first time this year.
French Labor Minister: Nuclear to Represent 50% of Capacity for Decades
French Labor Minister Michel Sapin Tuesday said nuclear energy will represent half of the country's capacity to generate electricity for decades, after an industry minister clashed with the ecologist party, the government's junior partner, over what importance to give to the industry.
HSBC Raising up to $65 Million by Selling 8.5 Million Federal Bank Shares - Term Sheet
The HSBC Group is in the process of raising up to $65 million by selling 8.5 million equity shares in Indian private lender Federal Bank Ltd. (500469.BY) Tuesday, according to a term sheet reviewed by Dow Jones Newswires.
Minmetals Resources CEO Sees "Sensible Adjustment" in Prices
Demand for minerals is likely to remain subdued ahead of leadership changes in China and an era of continuously rising prices ended with the "sensible adjustment" the market is going through, the chief executive of China-backed Minmetals Resources Ltd. (1208.HK) said Tuesday.
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