Brian Kennedy News
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BP Plc won an appeals court ruling giving it access to $750 million in Transocean Ltd.’s insurance to pay costs from the 2010 Gulf of Mexico oil spill.
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Nedbank Capital, a unit of Nedbank Group Ltd., said Heidi Sternberg, a mining analyst at the company’s cash equities business, left the firm to join Standard Bank Group Ltd.’s securities division.
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The U.S. Coast Guard said the wreckage of Transocean Ltd.’s Deepwater Horizon drilling rig may be the source of an oily sheen on the surface of the Gulf of Mexico.
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“Occupy Wall Street” protesters lost a bid to overturn their eviction and the removal of tents and structures from a lower Manhattan park where they had been demonstrating 24 hours a day for eight weeks.
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Nedbank Capital, the investment banking unit of Nedbank Group Ltd., plans to grow earnings excluding one-time items in the “double digits” this year as it funds infrastructure and renewable energy projects, Business Day reported, citing Managing Executive Brian Kennedy.
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Louisiana oysterman Terrance M. Shelley was struggling to keep up with demand by New Orleans restaurants before BP Plc’s Macondo well blew out in April 2010, crippling the processing plant he opened six months earlier.
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BP Plc can’t use Transocean Ltd.’s insurance coverage to pay costs related to the 2010 oil spill in the Gulf of Mexico, a judge in New Orleans ruled.
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Democratic Republic of Congo’s gold output is set to surge as record prices and the end of Africa’s biggest war prompted production to restart in some of the continent’s most remote regions after more than 50 years.
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JPMorgan Chase & Co. and Goldman Sachs Group Inc. units were sued by two pension funds over claims they made misleading statements about the exposure of MF Global Holdings Ltd. securities to European sovereign debt.
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Former Massachusetts Governor Mitt Romney will skip an August straw poll in the early-voting state of Iowa and will focus on winning binding contests to propel his bid for the Republican presidential nomination, his campaign said yesterday.
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