OAO Sberbank’s sale of 550 million Turkish lira ($304 million) bonds is part of its strategy for the parent company to seek financing in international markets, according to Chris Jones, global head of local currency syndicate at HSBC Holdings Plc.
Two of Florida ’s elected property appraisers asked state lawmakers to let them cut the value of coastal real estate to reflect damage from BP Plc ’s oil spill in the Gulf of Mexico and get BP to make up for lost tax revenue.
Dwr Cymru Welsh Water, which provides water and wastewater treatment services to 3 million people, said Finance Director Chris Jones will succeed Nigel Annett as chief executive officer effective Sept. 1.
Coach Bill Belichick said he was wrong in his interpretation of a new National Football League rule that helped the New York Jets get a second chance at a winning field goal against his New England Patriots in Week 7.
Apple Inc. debuts its most significant overhaul of the iPad today in San Francisco. For competitors trying to get a foothold in the tablet market, the most important announcement may be what Chief Executive Officer Tim Cook does with the older models already on the shelves.