LOS ANGELES, Feb. 17, 2012 /PRNewswire/ -- ICAP Patent Brokerage, the global leader in intellectual property brokerage and a division of ICAP plc, the world's leading interdealer broker, will auction patent lots covering technology across multiple indust

Feb. 16 (Bloomberg) -- UBS AG, Switzerland’s biggest bank, sought immunity from prosecution by Canadian regulators probing a potential conspiracy to rig the price of derivatives globally, three people with knowledge of the inquiry said. The lender is the

Computers and Bloomberg terminals dominate trading floors, but the human element remains a crucial feature of transacting across derivatives and other parts of the global financial system. This is no better illustrated than by the presence of so-called “

CALABASAS, CA--(Marketwire - Feb 16, 2012) - Ixia (NASDAQ: XXIA), the leading global provider of converged IP and wireless network test solutions, today announced it participated in a test of mobile backhaul packet synchronization with Alcatel-Lucent. Th

AAP Two consecutive rate cuts from by the Reserve Bank of Australia (RBA) appear to have boosted employer confidence. Australia's unemployment rate fell to 5.1 per cent in January, its lowest since July 2011, official figures show. The December figure wa

LONDON, Feb. 15, 2012 /PRNewswire/ -- ICAP Shipping, the shipping arm of ICAP plc, the world's leading interdealer broker, today announced a strategic partnership with The Journal of Commerce (JOC). JOC is published by UBM Global Trade, the leading provi

By Steven Russolillo Richard Fisher “Risk on” is all the rage on Wall Street these days. The economy is improving, which is good for stocks. And if the recovery hits a pot hole, the Fed will hit the accelerator on its already-accommodative policy, which

JPMorgan Chase & Co. , Deutsche Bank AG and HSBC Holdings Plc are among at least seven firms accused by another bank of participating in a conspiracy to manipulate the price of derivatives worldwide for more than three years. The unnamed bank, seeking imm

Feb. 15 (Bloomberg) -- Australian and New Zealand consumers are showing signs of resilience as slower growth in Asia and Europe’s debt crisis inhibit a global expansion. Australian consumer confidence advanced 4.2 percent this month to the highest level

Bukoba — Kagera Region is considering to intensify a campaign for male circumcision as part of its efforts against the spread of HIV/Aids. A Non-Governmental Organisation called the Global Health Action (ICAP) saw the need of extending free male circumci

By Paul Vieira OTTAWA—Canada's top antitrust watchdog is probing the Canadian affiliates of five foreign banks, in addition to a U.K. brokerage, part of a global investigation into how banks set key interest rates.Through a series of orders, which are si

Feb. 14 (Bloomberg) -- Shipping billionaire John Fredriksen spent about $610 million to buy new vessels and indicated he may make more purchases this year, a sign that a plunge in prices might be near an end. Fredriksen ordered six oil-product tankers fr

(Updates with comment from economist in fourth paragraph.) Feb. 13 (Bloomberg) -- Australian home-loan approvals jumped in December by the most in seven months and exceeded economists’ forecasts as buyers responded to central bank interest-rate reduction

CHICAGO, Feb. 13, 2012 /PRNewswire/ -- ICAP Patent Brokerage, a division of ICAP plc and the world's largest intellectual property brokerage and patent auction firm, is offering for sale a patent portfolio that addresses growing global concerns in managi

Fed funds closed at 0.11 percent on Feb. 10 after trading from 0.05 percent to 0.18 percent and averaging 0.12 percent, ICAP Plc, the world’s largest inter-dealer broker, said in an e- mailed statement. The central bank will acquire $1.5 billion to $2 bi

Australian home-loan approvals jumped in December by the most in seven months and exceeded economists’ forecasts as buyers responded to central bank interest-rate reductions. The number of loans granted to build or buy houses and apartments increased 2.3

A fresh scandal is sweeping the City this weekend after it emerged that several banks and brokers, including taxpayer-owned Royal Bank of Scotland, dismissed staff amid an investigation into alleged rigging of one the world’s key measures of interest rat

Feb. 10 (Bloomberg) -- Royal Bank of Scotland Group Plc, the U.K.’s largest government-owned lender, dismissed at least four employees in connection with a probe of potential interest- rate manipulation, two people briefed on the move said. Citigroup Inc

Like the credit ratings agencies whose role has been under fire both during and after the initial stages of the financial crisis, there are few credible alternatives to replace a system many now regard as outdated and discredited. The BBA has watched wit