TIMELINE-BP's business in Russia - Reuters UK
28 May 2012, 7:11 am
May 28 (Reuters) - Mikhail Fridman, a Soviet-born billionaire who is a partner of BP in Russia's third-largest oil company TNK-BP, has resigned as TNK-BP's chief executive officer. Here is a timeline of BP's chequered history in Russia ...

Axis Bank ties up with Bahrain''s bank for remittance - MSN India
28 May 2012, 6:35 am
Mumbai, May 28 (PTI) The third largest private sector lender Axis Bank today tied up with Bahrain''s Ahli United Bank for inward remittances. Under the tie-up, any person having an account with Ahli United Bank would be able to wire money to a bank account ...

Barclays Sells German Unit to Deutsche Wohnen for $1.56 Billion - Bloomberg
28 May 2012, 6:06 am
Deutsche Wohnen, Germany’s third-largest publicly traded residential landlord, agreed to buy Baubecon’s 23,500 apartments using an unspecified amount of cash and debt, according to a statement by the Frankfurt-based company yesterday.

Pos and Polls To Squeeze EUR - FXStreet.com
28 May 2012, 5:38 am
It’s believed that the Spanish government is to pour a whopping +EUR19b into their third largest bank, nationalizing the institution. There are other reports that the Spanish government would also need to tap into the EFSF to help their ...

Spanish Bonds Slump On Bankia Bailout Fears - NASDAQ
28 May 2012, 4:41 am
Bankia is Spain's third-largest lender by assets, and public finances are already precarious. Spanish 10-year bond yields climbed 18 basis points to 6.47%, its highest in 2012, according to Tradeweb. The yield spread against 10-year bunds ...

Broker Note Briefing: Monday - Wall Street Journal
28 May 2012, 3:43 am
Spain’s third largest bank by assets has effectively been nationalized–analysts expect the Spanish government will eventually control between 80% and 90% of the bank. As a result, UBS downgraded Bankia to “sell”. UBS has also looked ...

Oz Minerals says copper price to remain up - ninemsn
28 May 2012, 3:00 am
The head of Australia's third-largest copper producer, Oz Minerals, has predicted that prices for the commodity will return to record highs as a lack of new discoveries leads to a supply shortage this year. Prices were still at historic highs and per ...

India rupee woes highlight economic drift - DAWN Group
28 May 2012, 12:16 am
MUMBAI: India’s rupee, which hit an unprecedented string of all-time lows last week, is set for more falls unless policymakers move quickly to put Asia’s third-largest economy back on track, analysts say. The rupee, which slumped to as low ...

Trondheim Jazz Festival: May 9-13, 2012 - All About Jazz
27 May 2012, 11:40 pm
Being Norway's third largest city, next to Oslo and Bergen, means something completely different to being the third largest city in Canada or the United States. With more than 25,000 students in a city of approximately 160,000 people ...

Spain Bails Out Its Third-Largest Bank - Wall Street Journal
27 May 2012, 12:34 pm
MADRID—Spain will pump €19 billion ($24 billion) into troubled lender Bankia SA, the bank said on Friday, effectively nationalizing the country's third-largest bank in a dramatic effort to assuage concerns about the stability of its financial sector.