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Japanese regulators plan to investigate the local branch of Swiss drug maker Novartis. Britain might lose the battle against bankers’ bonuses capping. BP under pressure after the accident in its gas plant in Algerian desert. Royal Mail’s IPO scheduled for October 11.
JPMorgan in multibillion deal over its numerous litigations. Total shipments of phones in China have increased to 110 million in the second quarter of 2013. Consumer confidence in Germany has started growing amid signs that country’s economy has started improving.
Honda announced that it is recalling near 405,400 vehicles. JPMorgan Chase & Co will most probably manage the underwriting of Chrysler Group’s IPO. Etihad Airways announced its plan to expand its operations in India. Gold prices today increased by more than 1%.
Indian company Larsen & Toubro received orders for near Rs 1,793 crore. Christoph Franz, CEO of Deutsche Lufthansa might move to Roche. Westfield Group has sold major stakes in seven of its US shopping centres.
Following the failure of US’s fourth largest bank Lehman Brothers in 2008 the institution has paid near $3 billion to lawyers and accountants, reported Financial Times.
US Military industry with a $5 billion deal with India. Today benchmark oil for October delivery decreased slightly. Online retailer eBay opened yesterday its global development centre in Bangalore. The annual income per capita in Delhi has jumped to Rs 2.01 lakh in 2012-13.