Legal & Regulatory
Virgin Money eyes 2 billion pound stock market listing
Virgin Money [NRTRK.UL], the British financial services company partly owned by Sir Richard Branson, is in talks over a possible 2 billion pound ($3.32 billion) stock market listing as early as next month, Sky News reported on Sunday, citing people familiar with the matter.
EU regulators to decide on Facebook, WhatsApp deal by Oct. 3
European Union antitrust regulators will decide by Oct. 3 whether to clear world No. 1 online social network Facebook's $19 billion offer for mobile messaging startup WhatsApp, the European Commission said on Monday.
Citi to pay allowance to compensate for limited bonuses
Citigroup Inc (C.N) has told senior staff in Europe that they would receive fixed monthly pay in addition to their salaries in an attempt to compensate for rules that limit bonuses to up to twice the level of base salaries, the Financial Times reported, citing several people.
India nears $2.5 billion deal for Boeing military helicopters
India has decided to acquire Boeing's Chinook and Apache helicopters, an Indian defense ministry official said on Saturday, in a deal valued at $2.5 billion that could ease strained ties between New Delhi and Washington.