Miners, Volkswagen hit Europe shares, dollar up on rates outlook
LONDON (Reuters) – Shares slid on Tuesday, with Europe led lower by mining companies as copper prices fell on worries over Chinese demand, while the dollar rose to its highest in almost two weeks after Federal Reserve officials signaled U.S. interest r…
China president seeks to reassure on reform, heads to U.S.
SHANGHAI/BEIJING (Reuters) – Chinese President Xi Jinping added his voice on Tuesday to officials trying to reassure the world that the government was still firmly committed to financial reform following criticism of its intervention to steady rocky ma…
Alstom set to win $2.5 billion U.S. train deal: senator
PARIS (Reuters) – French transport group Alstom is set to win a $2.5 billion contract to build the next generation of high-speed trains for U.S. rail operator Amtrak, U.S. Senator Charles E. Schumer said.
Craig Venter’s company in deal for whole exome tests at new low cost
(Reuters) – A company formed by genome pioneer Craig Venter will offer clients of a South Africa-based insurance company whole exome sequencing – sequencing all protein-making genes in the human genome – at a price that marks yet another dramatic decli…
EDF eyes renewables expansion outside Europe, CEO says
PARIS (Reuters) – French state-controlled utility EDF wants to expand into renewable energy beyond Europe, Chief Executive Jean-Bernard Levy told financial daily Les Echos in an interview published on Tuesday.
AstraZeneca taps crowd sourcing to find cancer drug cocktails
LONDON (Reuters) – Drugmaker AstraZeneca is harnessing the wisdom of crowds to help mix tomorrow’s cancer drug cocktails.
Europe’s airlines spruce up their jet fuel hedges
LONDON (Reuters) – European airlines are exploiting a collapse in oil prices by hedging more of their fuel needs further into the future, but those that kept their powder dry before the rout are emerging as clear winners, industry sources say.
Goldman Sachs likely to keep stake in DONG after float: Borsen
COPENHAGEN (Reuters) – Goldman Sachs will likely keep a stake in Danish utility DONG Energy after shares in the company are listed in the next 18 months, Michael Spect Bruun, a partner of the investment bank, was quoted saying by newspaper Borsen on Tu…
Areva, EDF seek investment from Mitsubishi Heavy: Nikkei
TOKYO (Reuters) – French nuclear giant Areva and power utility EDF have asked Japan’s Mitsubishi Heavy Industries to invest in Areva’s reactor subsidiary, the Nikkei business daily reported on Tuesday.
After backlash, U.S. auditor watchdog head faces uncertain future
WASHINGTON (Reuters) – A controversy is heating up over the naming of the government’s top audit regulatory official, as the U.S. Securities and Exchange Commission considers a replacement for an incumbent who is backed by investor advocates.
