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Espirito Santo family company Rioforte seeks creditor protection

LISBON, July 22 - Rioforte said on Tuesday it has requested protection from creditors in Luxembourg where it is registered, becoming the second holding company of Portugal's troubled Espirito Santo banking family to do so after failing to pay off debts.

12:02am IST

What to Watch in The Day Ahead; Wednesday, July 23

(The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at . Thomson One users can register at RT/DAY/US. All times in ET/GMT) AT&T is scheduled to report second-quarter earnings, the company's first since it announced a $48.5 billion bid for DirecTV in May. Investors will look for updates on the deal as the company switches to an equipment installment plan that reduces mont

22 Jul 2014

PayPal signs "ten of thousands" customers in Nigerian launch

LAGOS, July 22 - PayPal has signed up "tens of thousand" of Nigerians in its first week of operating in Africa's biggest economy, with consumers already purchasing items from Britain, China and the United States via its online platform, a company official said.

22 Jul 2014

UPDATE 2-America Movil says 'flexible' on which assets will sell

(Adds comments on sale report, from interview, share price)

22 Jul 2014

Canada launches plan to extend high-speed Internet to remote areas

TORONTO, July 22 - The Canadian government on Tuesday invited remote communities across the country that lack high-speed Internet access to make a claim to get some of the C$305 million ($284 million) it plans to spend over the next three years to upgrade access.

22 Jul 2014
BSE OIL & GAS +1.74%
BSE BANKEX +0.26%
BSE-IT +1.78%
BSE METALS +1.03%
BSE REALTY +0.57%
BSE AUTO +0.36%
BSE POWER -0.33%
BSE-FMCG +0.82%
BSE-CG -0.69%
BSE-HC +0.97%

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Exclusive - Lupin, U.S. firms weigh bids for GSK's mature drugs: sources

LONDON/MUMBAI - Generics firm Lupin , some U.S. drugmakers looking for a tax-saving deal in Europe and private equity funds are planning to bid for a range of older drugs being auctioned by GlaxoSmithKline (GSK) , five sources familiar with the matter said.