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WORLD - News of the Day From Across the Globe - San Francisco Chronicle
5 Peace talks: Pakistan's prime minister, Yousuf Reza Gilani, will travel to Qatar this week to talk with leaders there about the prospect of a peace deal to end the war in Afghanistan, a government official said Saturday, a trip that suggests some ...
Occupy protesters gather for new Oakland march - San Francisco Chronicle
One black-clad man, pulling on black gloves, a bandanna hanging from his pocket, echoed the statement, though he declined to give his name. "I don't know anything about violence," he said. "It's all about f-ing freedom of speech here.
Falcone's Harbinger Fund Lost 47% on LightSquared in 2011 - San Francisco Chronicle
3 (Bloomberg) -- Phil Falcone's Harbinger Capital Partners LLC lost 47 percent for investors in his main hedge fund last year as he was forced to slash the value of his troubled wireless venture by more than half, according to a person familiar with ...
Obama Said to Curtail $21 Billion Guam Military Expansion - San Francisco Chronicle
3 (Bloomberg) -- President Barack Obama plans to curtail a plan costing as much as $21.1 billion to expand the US military's presence in Guam and instead will rotate some of the Marines through the Asia-Pacific region, people familiar with the matter ...
Blackstone Said to Eye Brocade Buyout as Deal Interest Fades - San Francisco Chronicle
While Blackstone is in talks with Brocade, which has been seeking a buyer since 2009, reaching a deal may be difficult, said the person, who declined to be identified because the matter isn't public. Brocade, a maker of switches for data- storage ...
Spain Coaxes Banks to Merge With Extra Time to Purge Losses - San Francisco Chronicle
The FROB will buy the bonds at market prices, and the yield hasn't been set yet, said a spokesman for the Economy Ministry today, who declined to be named in line with government policy. The bonds, known as CoCos, convert into equity if capital ratios ...
Falcone's Harbinger Hedge Fund Lost 47% on LightSquared in 2011 - San Francisco Chronicle
3 (Bloomberg) -- Phil Falcone's Harbinger Capital Partners LLC lost 47 percent for investors in his main hedge fund last year as he was forced to slash the value of his troubled wireless venture by more than half, according to a person familiar with ...
US optimistic of support for Syria resolution - San Francisco Chronicle
The official spoke on condition of anonymity due to the sensitive nature of the diplomacy. The official said Secretary of State Hillary Rodham Clinton would speak with Russian Foreign Minister Sergey Lavrov by phone from her plane as she flies to ...
Corzine Sought 'Yes Man' for MF Global Bet, Lawmakers Say - San Francisco Chronicle
Investigators have located almost all of the $1.2 billion in client money that went missing as the firm unraveled, a person briefed on the matter said yesterday. The probe has traced 90 percent of the money to other customer or bank accounts, ...
The Next Windows Phone Will Have A LOT In Common With Windows 8 (MSFT) - San Francisco Chronicle
In fact, a person close to the company tells us that a lot of engineers moved from the Windows group to the phone group a few years ago specifically to revamp the Windows Phone kernel to run on Windows NT (the heart of the Windows desktop and server ...
Corzine Sought 'Yes Man' for MF Global Debt Bet, Lawmakers Say - San Francisco Chronicle
Investigators have located almost all of the $1.2 billion in client money that went missing as the firm unraveled, a person briefed on the matter said yesterday. The probe has traced 90 percent of the money to other customer or bank accounts, ...
Barclays Capital Said to Plan 25% to 30% Banker Pay Cut - San Francisco Chronicle
The lender is preparing to tell employees at Barclays Capital next week that overall pay will be down by 25 percent to 30 percent on average from a year earlier, said the people, who declined to be identified because the plans haven't yet been made ...
Record Bugatti Vies $32 Million Ferrari GTO as Cars Lure Buyers - San Francisco Chronicle
The Ferrari racer was an early example, had a competition history and was in well-preserved condition with original paint, said dealers, who asked not to be named. Cars often fetch higher prices through discreet transactions than they do at auction.
Glencore Said to Be Near Agreement to Combine With Xstrata - San Francisco Chronicle
The two Switzerland-based companies may announce a deal as early as this week, said the people, who declined to be identified because the plans are confidential. The combined company may be valued at 52 billion pounds ($82 billion) after excluding ...
MF Global Investigators Said to Trace 90 Percent of Client Money - San Francisco Chronicle
1 (Bloomberg) -- Investigators probing the collapse of MF Global Holdings Ltd. have located almost all the client money that went missing when the broker filed for bankruptcy last year, according to a person briefed on the matter.
Barclays' Edgar Said to Plan Start of Atreaus Macro Fund in May - San Francisco Chronicle
1 (Bloomberg) -- Todd Edgar, former global head of macro trading at Barclays Plc in London, is starting hedge fund Atreaus Capital LLC in May, according to a person familiar with his plans. Edgar, 39, is opening New York-based Atreaus with former ...
Obama Said to Plan Assistance for Home Mortgage Refinancing - San Francisco Chronicle
The FHA refinancing plan, if it wins funding from Congress, would be open to borrowers who have been current on their payments and have had no more than one delinquency in the previous six months, a senior administration official said.
Soros Sits Out Obama Super-PAC Money Race Beside Big Givers - San Francisco Chronicle
Former House Speaker Newt Gingrich has benefitted from $10 million in donations from Las Vegas billionaire Sheldon Adelson and his wife Miriam, according to a person close to him. Bing, who gave $13 million in 2004 to Democratic committees, ...
WORLD - News of the Day From Across the Globe - San Francisco Chronicle
7 Pakistan fighting: Fighting between soldiers and Taliban militants over a strategic mountaintop in Pakistan's northwestern Kurram tribal area has killed more than 60 people, a government official said Tuesday. 8 Movie star ambassador: Actor Sean Penn ...
UBS May Purchase Brazilian Lender as Banking License Stalls - San Francisco Chronicle
... a Brazil license for the past two years to open its own business trading stocks and bonds, investing proprietary funds, and offering derivatives and syndicated loans, according to the person, who asked not to be named because the matter is private.
AP Sources: Iowa GOP head Strawn to resign - San Francisco Chronicle
The officials requested anonymity to speak because the party had yet to make a formal announcement. They said Strawn had planned to resign at a party meeting on Feb. 11, but now say the announcement could come as early as Tuesday.
Samsung Securities Said to Close Most of Hong Kong Unit - San Francisco Chronicle
The company will shut equity sales and research operations in Hong Kong, said the people, who declined to be identified because the plan hasn't been publicly announced. It wasn't immediately clear how many jobs will be eliminated, the people said.
UBS May Purchase Brazilian Lender as Banking License Stalls - San Francisco Chronicle
UBS has sought a license for the past two years to open its own business trading stocks and bonds, investing proprietary funds, and offering derivatives and syndicated loans, according to the person, who asked not to be named because the firm's ...
Bank Foreclosure Agreement Deadline for States Set for Feb. 3 - San Francisco Chronicle
Separately, Joseph Smith, the North Carolina commissioner of banks, will serve as monitor to ensure banks comply with terms of the settlement, according to a person familiar with the matter who wasn't authorized to speak publicly about it.
Peru 6.2-Magnitude Earthquake Injures 119 and Damages Homes - San Francisco Chronicle
Southern Copper Corp., Peru's largest producer of the metal, didn't sustain any damage at its mines or smelter, said a company official briefed on the matter, declining to be named because of company policy. Pluspetrol SA said its Camisea natural gas ...