Nine partners quit Patton Boggs amid merger talks
(Reuters) – In the latest defections to hit Washington, D.C., law and lobbying firm Patton Boggs, nine partners are leaving the firm, according to several sources with direct knowledge of the moves.
Lufthansa pilots announce three-day strike for next week
FRANKFURT (Reuters) – Pilots at Lufthansa , Germany’s largest airline, will hold a three-day strike from April 2 to April 4, their union said on Friday, as they seek to pressure the German airline in pay and contract negotiations.
Euro zone banks slow crisis loan returns as extra cash falls
FRANKFURT (Reuters) – The pace at which euro zone banks are repaying their crisis loans to the European Central Bank has slowed significantly as extra cash in the system reaches critically low levels.
Surge in consumer confidence lifts euro zone economic sentiment
BRUSSELS (Reuters) – A surge in consumer confidence helped boost economic sentiment in the euro zone in March to its highest level since July 2011, data from the European Commission showed on Friday.
Lufthansa pilots announce three-day strike for next week
FRANKFURT (Reuters) – Lufthansa pilots will hold a three-day strike from April 2 to April 4, their union said on Friday, as they seek to pressure the German airline in pay and contract negotiations.
Deutsche Boerse, Bank of China agree closer cooperation-sources
FRANKFURT (Reuters) – Deutsche Boerse and Bank of China are expected to sign a strategic partnership agreement that would make it easier for Chinese investors to gain access to the European capital market, two sources told Reuters on Friday.
Amplats will not make profit at strike-hit Rustenburg mines this year
JOHANNESBURG (Reuters) – Anglo American Platinum won’t make a profit this year at its Rustenburg mines due to a 10-week strike, its chief executive said on Friday, although it is unlikely to declare force majeure on supplies to customers.
Warren Buffett-backed carmaker BYD says no immediate plans for share sale
SHANGHAI (Reuters) – BYD Co Ltd , the Warren Buffett-backed Chinese carmaker, said it has no immediate plans to sell new shares in Hong Kong.
StanChart pays 118 staff $1.4 million or more, top earner Rees lands $9.5 million
LONDON (Reuters) – Asia-focused bank Standard Chartered Plc paid 118 of its bankers at least 1 million euros ($1.4 million) last year, topped by a $9.5 million payout to Mike Rees, head of its wholesale or investment banking division.
GM unit Opel to make Buick vehicles for U.S. in Germany
FRANKFURT (Reuters) – General Motors unit Opel will make two additional vehicles at its plant in Ruesselsheim, Germany, including a Buick destined for the United States, it said on Friday.