Carlos Slim to Invest in Spain's FCC
Two companies owned by Mexican billionaire Carlos Slim will
invest up to $875.4 million in Fomento de Construcciones y
Contratas in exchange for 25.6% of the debt-laden Spanish
builder.
Lukoil Profit Tumbles on Lower Oil Price
Lukoil, Russia's No. 2 oil producer, said its net profit in the
third quarter almost halved due to lower oil prices, a weaker ruble
and a write-offs on West African exploration projects.
BayernLB Demands €2.4 Billion From Austria
A spat between the Austrian government and BayernLB escalated
after the German lender said the country should repay €2.4 billion
in outstanding loans to its former Austrian unit.
Bank of Cyprus Swings to Loss
Bank of Cyprus has swung to a loss in the third quarter after
setting aside almost all its pretax earnings to cover its mountain
of bad loans.
Ebola Vaccine Appears Safe in Early Test
National Institutes of Health researchers reported that a
possible vaccine for the Ebola virus appears to be safe in early
testing and that a clinical study in West Africa can go ahead as
planned late this year or in early 2015.