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Hawker Beechcraft will ask the court in a hearing next week to approve its plan to exit Chapter 11 bankruptcy and shed $2.5billion in debt off its books. On Friday, the company said that its key creditors had voted overwhelmingly to approve its plan
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Topics A logo of Swiss bank Credit Suisse is seen on a building in Zurich, January 15, 2013. Credit Suisse Group Inc faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of
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Police confirmed on Friday that attacks had been made on a Credit Suisse branch in the upmarket residential area of Hottingen and a postbox in the lakeside suburb of Rueschlikon in the early hours of Thursday morning. Credit Suisse confirmed a
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Hindustan Unilever's third-quarter performance presentation starts with a visual on the Dove Elixir premium hair oil brand, a category into which the company has recently extended the Dove brand. R Sridhar , chief financial officer, is quick to point
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The euro rose steadily against the dollar early in the European session and Spanish and Italian bond yields eased ahead of Spain's bond auction but European equity markets were mostly flat following strong retail earnings offset by weakness in mining
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A former Credit Suisse executive can be extradited to the US to face fraud charges, a court ruled today. Kareem Serageldin is alleged to have distorted the value of mortgage securities while working at the banking giant during the financial crisis.
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A logo is seen in front of a Credit Suisse building in Zurich, May 4, 2012. Credit Suisse will cut its bonus pool for 2012 by 20 percent to around 2.3 billion Swiss francs ($2.52 billion), the fourth year in a row the Swiss bank has slashed payouts,
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A report by Credit Suisse says that economy has bottomed and will see atleast a moderate recovery over the course of 2013. As per the report, there are three reasons for this optimism. Firstly, the government reforms will provide a boost to business
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The price of iron ore has jumped to a fresh 15-month high on the back of a buying spree from Chinese steel mills, but analysts are divided over how long the surge will last. The benchmark price for the bulk commodity is trading at $US158.50, helping
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How did Credit Suisse's top-rated equities perform during 2012? The Swiss banking giant, which has a strong relationship with my favorite athlete, Roger Federer, made some bold calls during the course of the recent calendar year. Like Federer, Credit
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