Three former U.S.-based Barclays traders appear in UK court
LONDON (Reuters) – Three former Barclays traders appeared in a London court on Tuesday as Britain formally began its first criminal proceedings against U.S.-based Libor traders, part of a global investigation into alleged rigging of benchmark interest …
Euro zone’s Dijsselbloem says taxes on labor too high
BERLIN (Reuters) – The chairman of the Eurogroup of euro zone finance ministers Jeroen Dijsselbloem said on Tuesday the euro zone must “jointly reform” and added that high taxes on labor are an obstacle to growth.
Britain tops foreign investment ranking, France lags: study
PARIS (Reuters) – Britain and Germany topped an annual ranking of foreign investment projects in Europe while France lagged behind though its numbers were on rise, a study showed on Tuesday.
Canada probing fatal crashes amid complaints over faulty GM switches
OTTAWA (Reuters) – Canada is probing two fatal crashes in General Motors Co vehicles which were subject to a recall to fix faulty switches and has received nine further complaints from drivers, the country’s top transportation official told Reuters on …
Euro zone inflation seen well below 2 percent in 2014-15: Nowotny
VIENNA (Reuters) – Inflation in the euro zone will likely stay “significantly” below the European Central Bank’s target this year and next, ECB Governing Council member Ewald Nowotny said in the Austrian National Bank’s annual report.
AstraZeneca shares fall after Pfizer walks away
LONDON (Reuters) – Shares in AstraZeneca fell 2.3 percent on Tuesday after U.S. drugmaker Pfizer said it would not make a formal bid to acquire its smaller British rival.
IMF’s Lagarde says bank reforms slowed by fierce industry pushback
LONDON (Reuters) – Progress in completing banking reforms to plug gaps highlighted by the 2007-09 financial crisis is too slow and is being hampered by fierce industry lobbying, the International Monetary Fund said on Tuesday.
IMF’s Lagarde says bank reforms slowed by fierce industry pushback
LONDON (Reuters) – Progress in completing banking reforms to plug gaps highlighted by the 2007-09 financial crisis is too slow and is being hampered by fierce industry lobbying, the International Monetary Fund said on Tuesday.
AstraZeneca shares fall after Pfizer walks away
LONDON (Reuters) – Shares in AstraZeneca fell 2.3 percent on Tuesday after U.S. drugmaker Pfizer said it would not make a formal bid to acquire its smaller British rival.
General Motors to start exporting cars from India
MUMBAI (Reuters) – General Motors India said it would begin exporting vehicles from the country and start selling a left-hand-drive version of its Chevrolet Beat hatchback to Chile in the first quarter of 2015.