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Citywire Top Stocks Daily News Digest

Citywire Top Stocks Daily News Digest

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

Barclays PLC

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  • Economic Times: Barclays Capital Mauritius has purchased 2.33 million shares of infrastructure firm IVRCL Ltd for around $1.92 million

BP PLC

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  • FirstPost: Reliance Industries and BP have emerged as the main winners of Egypt’s crude oil supply tenders for 2013, traders said on Wednesday
  • Daily News & Analysis: BP said output from the Krishna Godavari basin in India will start reviving from 2017 onward

Diageo PLC

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  • Economic Times: Diageo said it would consider buying out the 50% of premium Dutch vodka brand Ketel One it does not already own if it came on the market

HSBC Holdings PLC

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  • Financial Times: HSBC has struck a $9.4 billion deal to sell its entire 15.6% stake in Ping An Insurance to companies controlled by Thailand’s Charoen Pokphand Group
  • MSN: HSBC might pay a fine of $1.8 billion as part of a settlement with US law-enforcement agencies over money-laundering lapses, according to several people familiar with the matter
  • Fox Business: HSBC Holdings has appointed Peter Boyles chief executive of Global Private Banking with immediate effect, replacing Krishna Patel
  • Wall Street Journal: HSBC Bank USA says it will vacate Buffalo's tallest office building next year and relocate about 2,000 employees to other offices

Royal Dutch Shell Plc

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  • Reuters: Brazil's antitrust regulator on Wednesday approved a joint venture between the sugar, ethanol and fuel distribution assets of milling group Cosan SA and Shell
  • Triple Pundit: Greenpeace has recently amped up its campaign urging the British grocery retailer Waitrose to sever its ties with Shell

Smith & Nephew PLC

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  • Equities: Smith & Nephew, a multinational medical equipment manufacturing company, has appointed Julie Brown as CFO

Vedanta Resources PLC

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  • Hindustan Times: Vedanta Aluminium Limited on Wednesday temporarily shut down its one-million-tonne-per-annum alumina refinery in the Indian state of Odisha due to lack of bauxite

Xstrata PLC

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  • Australian Mining: Xstrata has built a new section of railway in the Southern Highlands in Australia after concerns were raised that its mining operations could damage existing tunnels
  • Yahoo: Xstrata has blamed mechanical issues at an acid plant in Mount Isa in north-west Queensland for air quality breaches in the Australian city

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