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Goldman Sachs Reportedly Agrees To Pay $270 Mln To Settle MBS Lawsuit

NEW YORK CITY (dpa-AFX) - Goldman Sachs Group Inc. (GS) has agreed to pay around $270 million to settle a lawsuit by investors who claimed the bank misled them about the safety of billions of dollars worth of residential mortgage-backed securities, Bloomberg reported citing people familiar with the matter. The agreement hasn't been signed yet and is expected [...]

FCA US Recalls 284,153 Dodge Chargers For Air-bag Flaw

ROME (dpa-AFX) - FCA US LLC is recalling 284,153 Dodge Chargers for an air-bag flaw, a week after the company agreed to pay a record penalty for lagging efforts to address safety defects in millions of cars and trucks, the U.S. National Highway Traffic Safety Administration said. The company is recalling certain model year 2011-2014 Dodge Charger vehicles [...]

Report : HSBC Nears Deal To Sell Its Brazilian Unit To Bradesco For About $4 Bln

LONDON (dpa-AFX) - Asia-focused lender HSBC Holdings Plc. (HSBA.L, HSBC) is nearing a sale of its Brazilian subsidiary to local rival Bradesco for about $4 billion, the Financial Times reported quoting the people familiar with the matter. The report said that HSBC may announce the deal when it reports results on Monday. Bradesco, the second-largest private [...]

11 Colombian Military Personnel Killed In Plane Crash

SCHIPHOL-RIJK (dpa-AFX) - Airbus Defence and Space said Saturday that it has been informed that an Airbus CN235 aircraft with 11 Colombian military personnel on board was involved in an accident in Las Palomas (Cesar, Colombia), 31 July. The aircraft was operated by the Colombian Air Force, who confirmed that there were no survivors. The CN235-200M was [...]

Three Bin Laden Family Members Killed In Private Jet Crash In U.K [...]

LONDON (dpa-AFX) - Three relatives of former al Qaeda leader Osama bin Laden were among four people killed when a private jet crashed on landing in southern England, the U.K. Police said on Saturday. The Police said that the investigation into the plane crash at Blackbushe Airport on Friday is continuing with Hampshire Constabulary supporting the Air Accidents [...]

Verizon: Little Progress In Talks Over New Contracts For East Landline Employees

NEW YORK CITY (dpa-AFX) - Verizon Communications Inc. (VZ) said that, after nearly seven weeks of challenging negotiations, it is preparing for all potential scenarios following the expiration of its contracts with the CWA and IBEW, covering more than 37,000 Wireline employees in the Northeast and Mid-Atlantic regions. The contracts expire at midnight, August [...]

Fuchs Petrolub Acquires Statoil Fuel & Retail Lubricants From Couche-Tard

OTTAWA (dpa-AFX) - FUCHS PETROLUB (FUPEF.PK) announced the acquisition of Statoil Fuel & Retail Lubricants AB, Stockholm, from Couche-Tard Luxembourg S.A.R.L., a wholly owned indirect subsidiary of Alimentation Couche-Tard Inc. (ATD_A.TO, ATD_B.TO). Statoil Fuel & Retail Lubricants or SFR Lubricants is one of the leading lubricant providers in Scandinavia [...]

DGAP-Adhoc: FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard (english)

FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard FUCHS PETROLUB SE / Key word(s): Acquisition 01.08.2015 11:21 Dissemination of an Ad hoc announcement according to 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- [...]

Kraft Heinz Recalls Select Varieties Of Kraft Singles Products

WASHINGTON (dpa-AFX) - Kraft Heinz Co. (KHC) said Friday that it is recalling select code dates and manufacturing codes of Kraft Singles individually-wrapped slices due to the possibility that a thin strip of the individual packaging film may remain adhered to the slice after the wrapper has been removed. If the film sticks to the slice and is not removed, [...]

EU Closes Antitrust Proceedings Against European Cement Manufacturers

BRUSSELS (dpa-AFX) - The European Commission on Friday said it has decided to close an antitrust investigation opened in December 2010 against a number of European manufacturers of cement. The Commission had indications suggesting possible import/export restrictions, market sharing, price coordination and information exchanges in the markets for cement [...]
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