wealth management business and remainscommited to it
wealth management business and remains"commited to it." She declined to comment on the reports of the managementshake-up. (Reporting by Megan Davies and Juan Lagorio; Editing by JanPaschal) Stocks Mergers & Acquisitions. TEGUCIGALPA, July 5 (Reuters) - At least one person waskilled and two were badly wounded on Sunday when protestersdemanding the return of ousted Honduran President Manuel Zelayaclashed with troops at the main airport in the capital, a medicand emergency services at the scene told Reuters Bonds Troops spread out in positions around the airport. "Current trading is in line with management expectations andthe company is well placed for further growth." The group, which is owned by investment firm Vision Capital,plans 20 new store openings in the 2009/10 year. "Most of this growth will come from paid search, which is anideal method of reaching consumers looking for bargains," thereport said "In the U.S. Of the different platforms, the Internet is the only mediumexpected to grow in 2009, while television, cinema and outdooradvertising are set to decline by less than the overall market.
"Faced with extreme uncertainty, advertisers in most sectorsplanned for the worst and cut their costs in anticipation ofsteep drops in revenue," the Zenith report said. Any rescue bid would require a debt-for-equity swap andwould need to be tabled by July 24, the date set by thebankruptcy courts to consider the $650 million "stalking horse"bid by Nokia Siemens Networks for most of Nortel's core andprofitable wireless equipment operations, the paper said. "This study suggests that Singapore private banks are becoming increasinglyaware of the benefits of introducing automation into their back-offices," saidJames Drumm, Executive Director, Asia Pacific for Omgeo. Stocks | Japan Without citing sources the paper said the bank has decidedto move back to the City because it sees the area as better forclients and staff. The move will come as a further blow to theCanary Wharf development, where Lehman was based A spokesman for Nomura declined comment on the report.
The paper said the move, due to be announced later thismonth, was the largest office deal in the square mile since2005. The deal will see the bank move its 4,000 UK employees intoWatermark Place, an office being built on the Thames. For Nomura's Japanese management, a shift to the SquareMile is symbolically important. The FT said Kenichi Watanabe,chief executive, is keen to brand the bank as a traditionalCity institution.
Once built, the offices will house 5,000 people, givingNomura room for expansion. The bank has been ramping uprecruitment in the UK after the Lehman acquisition last yearmore than doubled staff numbers. According to the FT, Nomura is said to have struck goodterms on the deal given the slump in the City office market.The bank is said to have agreed several years without rent aspart of a 20-year lease. The decision will provide a boost to the poor City propertymarket, where rents have fallen more than a third since thepeak in 2007 and vacancies have risen. (Reporting by Stefano Ambrogi; editing by Matthew Lewis) Stocks Japan. TEGUCIGALPA, July 5 (Reuters) - The Honduran interimgovernment that took power after last week's coup againstPresident Manuel Zelaya extended a night-time curfew on Sundayafter one person was killed in protests.
Bonds A spokesman told Reuters the curfew would begin at 7 p.m.,three hours earlier than on previous nights (Reporting by Gustavo Palencia) Bonds. (Adds details from statement, share reaction) Stocks | Currencies SEOUL, July 6 (Reuters) - Samsung Engineering Co (028050.KS)said on Monday that it had secured a $2.6 billion order fromAlgeria's state-owned energy group Sonatrach to expand andimprove a refinery facility in Skikda, Algeria. The order was the single-biggest overseas project for a SouthKorean contractor, it said in a regulatory filing. A Samsung Engineering official said that the contract sizewas expanded from the initial $1.2 billion project awarded to thefirm in May [nLC392329]."This order is a very significant in that it establishes astrong foundation with ... Sonatrach and the African market,"Samsung Engineering's President & CEO Yeon-Joo Jung said in thestatement. Samsung Engineering is targeting 7 trillion won ($5.53billion) in new orders and 4 trillion won in revenues this year.