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[Press] Cairn Energy: Operational Update

2018-01-24 oilvoice
Cairn intends to announce its preliminary results for the year to 31 December 2017 on Tuesday 13 March 2018. In advance of these results, Cairn is providing an update on recent operations and the Group's trading performance in 2017 together with guidance for 2018. This information is unaudited and is subject to further review.

Final arbitration hearings on India's Rs 102-bn tax demand in August: Cairn

2018-01-23 business-standard
British oil explorer Cairn Energy on Tuesday said the final hearing in the arbitration, which it has initiated against a Rs 102.47 billion (Rs 10,247 crore) retrospective tax demand raised by India, will begin in August. In an operational update, Cairn said the three-member international arbitration tribunal has indicated that it will expeditiously draft the award after the hearing. Cairn has taken the arbitration route against the Indian government, which used a new law giving it powers to impose taxes retrospectively for slapping a Rs 102.

Final arbitration hearings on India tax demand in August: Cairn

2018-01-23 livemint
New Delhi: British oil explorer Cairn Energy Plc. on Tuesday said the final hearing in the arbitration, which it has initiated against a Rs10,247 crore retrospective tax demand raised by India, will begin in August.

Final arbitration hearings on India tax demand in August: Cairn Energy

2018-01-23 moneycontrol
British oil explorer Cairn Energy plc today said the final hearing in the arbitration, which it has initiated against a Rs 10,247 crore retrospective tax demand raised by India, will begin in August.

U.K.’s Prudential Was Mystery Victim of HSBC’s Front-Running - Bloomberg

2018-01-22 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (67-0)

Week ahead in business and finance

2018-01-22 telegraph.co.uk
Hopes that takeover target Revolution Bars has enjoyed strong festive sales were boosted earlier this month by nightclub owner and suitor Deltic reporting buoyant Christmas trading. (1-0)

HSBC to pay $100 million to end US currency rigging probe

2018-01-19 livemint
Washington/Manhattan: HSBC Holdings Plc has agreed to pay about $100 million in penalties to resolve a US justice department investigation into the rigging of currency rates, part of a probe that has already led to the conviction of one of its former bankers and charges against another. (31-0)

India's proposed investment treaty terms leave foreign partners cold - Channel NewsAsia

2018-01-19 channelnewsasia
Having cancelled investment treaties with about 50 foreign governments last year, India is struggling to convince some to accept new terms that make it harder to seek international arbitration for disputes, sources familiar with the talks said.

India's proposed investment treaty terms leave foreign partners cold

2018-01-19 in.reuters
NEW DELHI (Reuters) - Having cancelled investment treaties with about 50 foreign governments last year, India is struggling to convince some to accept new terms that make it harder to seek international arbitration for disputes, sources familiar with the talks said.

India's proposed investment treaty terms leave foreign partners cold

2018-01-19 reuters
NEW DELHI, Jan 19 (Reuters) - Having cancelled investment treaties with about 50 foreign governments last year, India is struggling to convince some to accept new terms that make it harder to seek international arbitration for disputes, sources familiar with the talks said.

HSBC to pay US$100m to end US currency-rigging probe

2018-01-19 themalaymailonline
File picture shows the logo of HSBC Private Bank in Geneva. — AFP picWASHINGTON, Jan 19 — HSBC Holdings Plc has agreed to pay US$100 million (RM395 million) in penalties to resolve a US Justice Department investigation into the rigging of currency rates, according to a person familiar with the matter, part of a probe that has already led to the conviction of one of its former bankers and charges against another. (31-0)

HSBC to pay US$100m to end US currency-rigging probe

2018-01-19 scmp
HSBC Holdings has agreed to pay about US$100 million in penalties to resolve a US Justice Department investigation into the rigging of currency rates, part of a probe that has already led to the conviction of one of its former bankers and charges against another. (2-0)

HSBC to pay $136 million in currency rigging settlement

2018-01-19 nzherald.co.nz
HSBC has agreed to pay just over US$100 million ($136.9m) in penalties to settle a US Department of Justice probe into currency rigging.

HSBC to pay $100 million to settle currency rigging investigation

2018-01-19 cnbc
HSBC Holdings on Thursday agreed to pay $101.5 million to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers. (2-0)

HSBC to pay $100m in currency rigging settlement

2018-01-18 telegraph.co.uk
HSBC has agreed to pay just over $100m (£72m) in penalties to settle a US Department of Justice probe into currency rigging.