Rockets set record with 50 three-point attempts

AP 2:11 a.m. EST November 26, 2016 Rockets guard James Harden (13) reacts after a three-point basket against the Kings.(Photo: Kelley L Cox, USA TODAY Sports) SACRAMENTO — James Harden had 23 points, 10 rebounds and 10 assists in his fourth triple-double of the season, and the Houston Rockets set an NBA record with 50 three-point …

Victory for AT1 as EC rubber-stamps coupon preference

LONDON, Nov 25 (IFR) – The Additional Tier 1 market landed a small victory this week when the European Commission delivered a package of measures that will see holders of that debt prioritised over equity. In the proposed changes to Article 141 of the Capital Requirements Directive, the Commission is looking to hard-code AT1’s priority …

India's cash crisis could kill its economic boom

India’s chaotic move to replace most of its cash could slam the brakes on its red hot economy. The country overtook China as the world’s fastest growing major economy this year, but may fall behind again as the withdrawal of big rupee notes hurts business activity. Analysts estimate India’s shock decision to scrap its 500 …