Citywire Top Stocks Daily News Digest

All the news from across the web about the companies featured in Citywire's Top Stocks.

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by Himanshu Singh on Jan 27, 2012 at 04:55

All the news from across the web about the companies featured in Citywire's Top Stocks

Asia Correspondent: Karolinska Institutet and AstraZeneca have announced a three-year collaborative research agreement to generate novel diagnostic imaging tools

Money Marketing: Barclays’ wealth management business is one of the two areas where shareholders should see growth, alongside Africa, in 2012, according to its chief Bob Diamond
Reuters: Year-end bonuses at Barclays’ investment bank are expected to be down about 30% this year, on average

Fox Business: BG Group has reached an agreement with Sabine Pass Liquefaction to buy another 2 million tonnes of LNG over a 20-year period from a US terminal

BP PLC: A US judge has said that BP should have to pay for the damages of the Deepwater Horizon disaster in the Gulf of Mexico in 2010 even if Transocean were found to have been grossly negligent in the tragedy
Fox Business: A Siberian court has rejected an appeal by minority shareholders in BP’s Russian joint venture, OAO TNK-BP Holding, in a multi billion-dollar lawsuit
Bloomberg: BP believes its Shah Deniz natural-gas field off the coast of Azerbaijan will remain exempted from the US and European Union sanctions on Iran

Bloomberg Businessweek: HSBC Holdings named Kaber McLean as its chief executive officer for Japan, where Europe’s biggest bank is reducing its presence as part of a global restructuring
Nasdaq: HSBC Holdings said its indirect, wholly owned subsidiary, HSBC Bank (Panama) S.A., has reached an agreement to sell the whole of its banking operations in Costa Rica, El Salvador and Honduras to Banco Davivienda S.A. for $801 million

Bloomberg: Lloyds raised $2 billion by selling unsecured bonds into a market that has been closed to all but the safest lenders since July

Scotsman: Scottish wind farm operators received more than £14 million in the past two years from the National Grid in return for switching off their turbines

Scotsman: Calls for a break-up of Reed Elsevier have fallen on deaf ears as the Anglo-Dutch publisher has no plans to sell any of its divisions this year

Financial Post: Rio Tinto may seek to replace Ivanhoe Mines’ senior management after increasing its stake to 51% this week
Uranium Investing News: Purepoint Uranium has started a uranium exploration programme for Rio Tinto at the Red Willow project in Australia

Fox Business: A joint venture between Iraq, Shell and Mitsubishi to capture and process huge volumes of gas flared from its giant southern oil fields is expected to start production this year