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Automated Trader



Norway's Telenor One Of 3 Bidders For Polkomtel - Source - Automated Trader
OS) is one of the three bidders still in the race for Polish mobile phone operator Polkomtel SA, although its consortium with Bain fell apart on the eve of filing binding bids last Friday, a person familiar with the matter told Dow Jones Newswires ...
June 16, 2011


Indonesia: 2012 Subsidized Gasoline Use Forecast 27.8 Million Kiloliters - Automated Trader
JAKARTA -(Dow Jones)- Indonesia's government has forecast that subsidized gasoline consumption will rise to around 27.8 million kiloliters in 2012 from an expected 23.19 million this year, a government official said Monday. The Ministry of Energy and ...
May 30, 2011


Germany 2011 Fed Net Borrow May Be Well Below E40 Bn: Source - Automated Trader
BERLIN (MNI) - German federal net new borrowing could be markedly below E40 billion this year, undershooting significantly the projection of E48.4 billion in the 2011 budget, a senior government official said Friday. This year's total public deficit ...
May 6, 2011


India Official: Ministerial Panel To Meet May 2 On Cairn-Vedanta Deal - Automated Trader
LN), will meet May 2, a senior government official said Thursday. "The meeting will take place Monday evening," the official, who didn't wish to be named, told reporters. The panel is headed by Finance Minister Pranab Mukherjee and also comprises Oil ...
April 28, 2011


Puig To Bid For Controlling Stake Of Jean-Paul Gaultier - Automated Trader
Meanwhile, a person familiar with the matter had said Gaultier himself, who owns 55% of the company, would remain a majority or equal shareholder with the buyer of Hermes' stake, selling only a small percentage oh his shares.
April 10, 2011


Brazil Banco Votorantim Raises $500 Million From Bonds Issue Reopen - Automated Trader
The demand for the issue reached $1.5 billion, according to the person, whom declined to be named. BNP Paribas, BB Securities, Bradesco BBI, HSBC, RBS and Banco Votorantim coordinated the operation. Banco Votorantim is controlled by Grupo Votorantim, ...
April 6, 2011


Lenders Near Pacts With US Bank Regulators In Foreclosure Probe - Automated Trader
... Office of the Comptroller of the Currency, Federal Reserve and Office of Thrift Supervision could announce the agreements with the banks and thrifts as early as next week, though a date wasn't final, according to people familiar with the matter. ...
April 4, 2011


Lenders Near Pacts With US Bank Regulators In Foreclosure Probe - Automated Trader
... Office of the Comptroller of the Currency, Federal Reserve and Office of Thrift Supervision could announce the agreements with the banks and thrifts as early as next week, though a date wasn't final, according to people familiar with the matter. ...
April 4, 2011


MTR Corp: To Raise Average Hong Kong Train Fares By Around 2.3% - Automated Trader
The MTRC spokesman, who declined to be named, told Dow Jones Newswires the rate hike will take effect in June. MTRC, which is 77%-owned by the Hong Kong government, adopted the fare adjustment mechanism at the government's request when it merged with ...
March 24, 2011


EU Steps Up Telecom Tax Action On France, Others - Automated Trader
France maintains that a tax on local telecoms operators is compliant with European Union rules, a person close to the French Finance Ministry told Dow Jones Newswires. "We don't agree with the Commission's analysis...We don't believe this tax is ...
March 14, 2011


Brazil's Vale Challenged By Government For Allegedly Underpaying Mine ... - Automated Trader
The government has filed court action against the world's biggest iron ore producer in a move to recoup mining royalties which were paid by the company at rates lower than specified by the government, a government official said Wednesday. ...
March 9, 2011


Beijing Jingneng Clean Energy Plans To Raise Around US$500 Million In Hong ... - Automated Trader
... producer has hired Goldman Sachs Group Inc. and Bank of China International Holdings Ltd. to handle the listing, the people said. Beijing Jingneng Clean Energy operates gas-fired power plants in Beijing, said the people, who declined to be named.
March 9, 2011


FOCUS: Japan's Political Mess Starting To Be Taken Seriously By Investors - Automated Trader
In such a scenario, basic administrative operations would be covered through the issuance of other bonds and finance bills, but other services not specifically mandated by law may be suspended a senior government official said. ...
March 8, 2011


Korea Resources: Mongolia Has Shortlisted 6 Bidders For Tavan Tolgoi - Automated Trader
A China-Japan consortium has been named as another bidder in the shortlist, a person familiar with the matter said. The Mongolian government is giving strategic investors a chance to develop roughly half the coal deposit, in the western Tsankhi area of ...
March 7, 2011


Reliance Industries Submits Proposal To India Government For Stake Sale In ... - Automated Trader
"Reliance Industries has made a formal application seeking government approval for stake sale in the blocks," the person, who declined to be named, said. The person didn't say when Reliance submitted the application. BP Monday said it would pay $7.2 ...
February 28, 2011


China Official: Taxes On Large-Engine Passenger Vehicles Unlikely To Affect Sales - Automated Trader
BEIJING -(Dow Jones)- China's adoption of higher taxes on passenger vehicles with large engines is unlikely to affect auto sales in the country, a government official said Friday. Wang Xiaohua, deputy director of the Department of Tax Policy under the ...
February 28, 2011


Taiwan To Allow Chinese Firms To Invest In Island's Chip, Panel Makers - Source - Automated Trader
The person, who declined to be named, said Thursday Taiwan's investment commission is working on details, including investment limits and a timetable for the launch of the new rules, to minimize social concerns about Chinese investments in Taiwan's ...
February 28, 2011


India-Asean Trade To Reach $70 Billion In 3 Years - Official - Automated Trader
NEW DELHI -(Dow Jones)- India's annual trade with the members of the Association of Southeast Asian Nations will reach $70 billion in the next three years, a senior government official said Tuesday. India's exports to Asean countries totaled $22.3 ...
February 22, 2011


Milestone Capital Has Withdrawn Draft IPO Prospectus - Source - Automated Trader
MUMBAI -(Dow Jones)- Private equity firm Milestone Capital Advisors Ltd. has withdrawn the draft prospectus that it filed with the capital markets regulator for its initial share sale, a person familiar with the matter said Tuesday. ...
February 22, 2011


G-20 Source:Have Deal On Indicators Of Global Economic Imbalances - Automated Trader
PARIS -(Dow Jones)- Finance ministers from the Group of 20 industrial and developing nations have reached a deal on five indicators to measure imbalances in the global economy, a person close to the talks said Saturday. ...
February 19, 2011


Rinascente Board Asks Borletti To Prove Financial Backing - Automated Trader
But a person close to the group of investors that controls Rinascente and has members on its board said the judge has simply called on the parties to reconvene March 2, thereby giving them more time to reach an agreement out of court. ...
February 16, 2011


Tata Steel Plans To Sell Perpetual Bond - Sources - Automated Trader
The firm, a part of the diversified Tata group, is currently planning to sell the bond in the April to June quarter, one of the people told Dow Jones Newswires, but asked not to be named. The deal, when it goes through, would be part of a broader ...
February 16, 2011


Honda's $1 Billion Bond To Price Later This Week - Source - Automated Trader
TO) joins the list of asset-backed bond issuers with a $1 billion bond, according to a person familiar with the matter. The deal, backed by prime retail ...
February 15, 2011


India Official: Expect INR90 Billion-INR120 Billion Budget Allocation Next ... - Automated Trader
... between INR90 billion and INR120 billion in its budget for the next fiscal year for defense research programs, a senior government official said Friday. ...
February 11, 2011


UBS Cuts 2010 Bonus Pool By 10% To CHF4.32 Billion - Automated Trader
... ($4 million) as a bonus, excluding payouts from share incentive plans that could more than double that, according to a person close to the matter. ...
February 8, 2011


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