The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

WireTap 0900 29/03/12

A round-up of the key stories across the specialist financial media, including that the European governments are close to implementing a one-year increase in the EFSF.

EU nears one-year boost in rescue fund to $1.3 trillion

European governments are preparing for a one-year increase in the ceiling on rescue aid to $1.3 trillion to keep the debt crisis at bay, according to a draft statement written for finance ministers.

Click here for the full story

Iran oil slows as price concerns rise

Iran's oil exports appear to have dropped this month as buyers prepare for tough new sanctions, market observers say, and shipments are likely to shrink further if President Barack Obama determines by Friday, as expected, that markets can adjust to fewer barrels of Iranian oil.

Click here for the full story

Global takeovers drop in quarter as bankers see revival

Global dealmaking slumped for a third straight quarter as chief executive officers funneled cash into share buybacks and new products, a trend that may reverse in the coming months as the economic recovery gains momentum.

Click here for the full story

BRICS nations voice concern over pace of IMF reforms

The BRICS group of emerging market nations voiced concern about the slow pace of reforms within the IMF in a draft summit declaration that also called for a transparent process to select the next World Bank president.

Click here for the full story

Chaos over a plunging note

Regulators are examining volatile trading in a complex exchange-traded note that caused it to lose 60% of its value in the past week.

Click here for the full story

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree