INA News
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In 1888, when Queen Victoria ruled India, the company that would become Unilever decided the country was the future. More than a century on, it’s staking $5.4 billion that it still is.
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INA Industrija Nafte d.d., the Croatian refiner controlled by Hungary’s Mol Nyrt., said first- quarter net income fell 9 percent from a year earlier as the country struggled through a recession.
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Croatia, which is set to join the European Union in July, is in talks with Exxon Mobil Co., ConocoPhillips and General Electric Co. on investment in oil and gas exploration in the Adriatic Sea.
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JPMorgan Chase & Co., the biggest U.S. bank, named Matt Zames sole chief operating officer as Frank Bisignano departed to become chief executive officer of First Data Corp.
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Investment banks are among the first and biggest beneficiaries of Japan’s new economic-stimulus policies, known as Abenomics.
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INA Industrija Nafte d.d., the Croatian subsidiary of Hungary’s largest refiner Mol Nyrt., raised a $400 million revolving credit facility, a week after its parent obtained a similar deal.
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JPMorgan Chase & Co.’s efforts to hide trading losses, outlined in a Senate report yesterday, probably will ignite debate over whether the largest U.S. bank is too big to manage and ratchet up pressure on Chief Executive Officer Jamie Dimon to surrender his role as chairman.
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JPMorgan Chase & Co.’s efforts to hide trading losses, outlined in a Senate report yesterday, probably will ignite debate over whether the largest U.S. bank is too big to manage and ratchet up pressure on Chief Executive Officer Jamie Dimon to surrender his role as chairman.
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The Federal Energy Regulatory Commission lacks authority over futures contracts, a U.S. appeals court ruled, handing a victory to the Commodity Futures Trading Commission and an ex-Amaranth Advisors LLC trader fined $30 million by FERC.
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Bruno Iksil, the JPMorgan Chase & Co. trader known as the London Whale, had an e-mail sent to about 20 colleagues last year estimating almost double the daily losses his book had shown thus far. Then the phone rang.
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