News Archive - 31 May 2014

>"The Bank of France has no comment to make for now since negotiations are still in progress," she said. "The governor of the Bank of France is following this case with the utmost attention."The U.S. Justice Department is pushing France's biggest listed bank to pay more than $10...

>CAC-40 June futures down 0.25 percent at 0635 GMTBNP PARIBASThe U.S. Justice Department is pushing BNP Paribas to pay more than $10 billion to resolve a criminal probe into allegations that the French bank evaded U.S. sanctions against Iran and other countries for years, the Wall Street...

>BNP shares fell 5.3 percent after the Wall Street Journal reported the figure late on Thursday, citing people familiar with the matter. The probe relates to allegations that the bank evaded U.S. sanctions against Iran and other countries for years.BNP Paribas and the Justice Department declined to...

>* U.S. economy stumbles in first quarter, but prospects brighter* Ukraine separatists down army helicopter, 14 killed* Brent poised to gain 2 percent in May, U.S. oil to rise 3.7 pctBy Manash GoswamiSINGAPORE, May 30 (Reuters) - Brent futures held above $110 a barrel on Friday as...

>* BNP slumps on report of possible $10 billion fine* Investors cautious ahead of next week's ECB meetingBy Atul PrakashLONDON, May 30 (Reuters) - European shares fell on Friday, with BNP Paribas leading the market lower after a report saying the U.S. Justice Department was pushing the French bank...

>Iran forward Karim Ansarifard scored a 57th-minute equalizer to prevent his side suffering a demoralizing defeat before they head out to Brazil.Iran, who will play in their fourth World Cup and face Argentina, Nigeria and Bosnia in Group F, fell behind three minutes before halftime when Domingos Silvano Cussanda...

>Bahrain, a base for the U.S. Navy's Fifth Fleet, has been in turmoil since protests led by Shi'ite Muslims erupted in 2011 after similar uprisings in Egypt and Tunisia.Talks between the government and opposition have failed to end the political standoff. Many Shi'ites complain of political and economic...