Microsoft to win EU okay for $7.3 billion Nokia deal: sources
BRUSSELS (Reuters) – Microsoft is set to secure unconditional EU regulatory approval for its proposed 5.4-billion-euro ($7.30 billion) takeover of Nokia’s mobile phone business, two people familiar with the matter said on Friday.
Exclusive: Euro zone mulls cheap loans as incentive for economic reforms -document
BRUSSELS (Reuters) – Euro zone states are considering cheap loans to member governments as an incentive to carry out painful economic reforms, an EU document showed, introducing a discussion on fiscal transfers.
Insight: For Cisco and Huawei, a bruising rivalry reaches stalemate
(Reuters) – Cisco Systems Inc and Huawei Technologies Co, two of the world’s largest communications equipment makers, have been slugging it out for a decade now – in court, in emerging markets, in the lobbies of government and even on blogs.
British police arrest former Co-op Bank chairman in drugs probe
LONDON (Reuters) – British police have arrested the former chairman of the Co-operative Bank as part of an investigation into the supply of illegal drugs, ratcheting up pressure on the 141-year-old bank as investors mull plugging a $2.4 billion capital…
Bank of America intern died of natural causes: inquest
LONDON (Reuters) – A 21-year-old Bank of America Merrill Lynch intern whose death prompted the bank to review working conditions for junior employees died of natural causes, an inquest found on Friday.
UK Treasury orders independent inquiry into Co-op Bank
LONDON (Reuters) – Britain’s finance minister George Osborne ordered an independent inquiry into Co-op Bank on Friday, with regulators also considering enforcement action against the lender.
Caterpillar probed for dumping train parts into sea: WSJ
(Reuters) – A unit of Caterpillar Inc is being probed by federal investigators to determine if it had dumped train parts into the ocean off California as part of a scam to charge customers for parts they didn’t need, the Wall Street Journal reported.
Ackman says lost up to $500 mln on Herbalife short bet: BBG TV
NEW YORK (Reuters) – Bill Ackman, head of hedge fund firm Pershing Square, said Friday that his firm has lost $400 million to $500 million on his short bet against weight-loss company Herbalife.
Brazil awards $9 billion of airport deals, prepping Rio for Olympics
SAO PAULO (Reuters) – Brazil opened two of its busiest airports to private investors on Friday, awarding $9 billion worth of contracts in a hotly contested auction as the country overhauls crowded terminals ahead of the 2014 World Cup and 2016 Olympics…
Comcast considering bid for Time Warner Cable: CNBC
(Reuters) – Comcast Corp is a potential bidder for Time Warner Cable Inc, CNBC said on Friday, citing people familiar with the situation.
