“Argo,” the story of a stealth mission to rescue a group of U.S. hostages from Iran in 1980, was voted best film at the British Academy Film Awards, or Baftas, last night. Its director Ben Affleck also won.
Jonathan Allen, Threadneedle Asset Management Ltd.’s head of hedge fund sales in Asia, sued his former company Carnelian Capital Pte in Singapore to be removed as a director, saying it has strained ties with his employer.
Canadian lawmakers begin reviewing a bill today that would give workers’ pensions priority over other debt in a bankruptcy, which analysts say could cost corporate bondholders as much as C$7 billion ($6.93 billion) if enacted.
BCE Inc. ’s plan to buy Canada’s largest television broadcaster for C$1.3 billion ($1.27 billion) is driving its borrowing costs higher and contributing to the worst month for the nation’s corporate bond market this year.
Rogers Communications Inc. and BCE Inc., Canada’s largest phone companies, climbed after a Canadian court overruled the government’s 2009 decision to grant rival Globalive Communications Corp. a wireless license.