Aussie shares hit five-year high, dollar near eight-month low
TOKYO (Reuters) – Australian shares climbed to a five-year peak on Monday, taking cues from the U.S. S&P 500’s record high as investors bet the Federal Reserve will extend its cheap money policies into next year.
Crown Castle to buy rights to AT&T towers for $4.85 billion
(Reuters) – Wireless infrastructure provider Crown Castle International Corp said on Sunday that it had agreed to buy rights to about 9,700 AT&T Inc wireless communication towers for $4.85 billion in cash.
Ineos says not bluffing on closure of Scotland’s Grangemouth refinery
LONDON (Reuters) – Ineos is not bluffing with its plan to shut Scotland’s Grangemouth oil refinery within weeks unless workers agree by a Monday deadline to accept proposed cuts in terms and conditions, the chemical company’s chairman said.
Vietnam airlines plan fleet boom as roads and rail fail
HANOI (Reuters) – Vietnam’s fledgling airline industry is poised for a boom as local competition heats up with fleet expansions, new routes and planned share offers that are set to make it one of the world’s three fastest growing markets.
U.S. housing regulators seek over $6 billion from BofA: FT
(Reuters) – U.S. housing regulators are looking to fine Bank of America more than $6 billion for its role in misleading mortgage agencies during the housing boom, compared with the $4 billion to be paid by JPMorgan Chase & Co, the Financial Times reported on its website, citing people familiar with the matter.
Despite debt drama, U.S. still outshining Europe
LONDON (Reuters) – If Wall Street’s record high is a signpost, the U.S. economy has every chance of pulling further ahead of a stuttering Europe despite new battles to come in Washington over the government’s budget and debt ceiling.
Deutsche Bank talking to 50 employees over Libor: paper
FRANKFURT (Reuters) – Deutsche Bank has started talks with some 50 employees as part of its investigation into possible manipulation of the Libor benchmark interest rate, a German newspaper reported.
Amazon’s third-party deals must change, German watchdog says: paper
FRANKFURT (Reuters) – Germany’s antitrust watchdog accused Amazon of undermining competition when dealing with third-party merchants and said it would impose reform unless the Internet retailer changed its rules, a German newspaper reported.
Cost of Berlin’s new airport soaring, board member says
BERLIN (Reuters) – Berlin’s long-delayed new international airport, which is still without an opening date, will cost more than expected, a member of its supervisory board, Rainer Bretschneider, said on Sunday.
Charterhouse eyes $1.6 billion offer for G4S unit: report
LONDON (Reuters) – British private equity group Charterhouse Capital Partners is mulling making a 1 billion pounds ($1.6 billion) offer for G4S’s cash-solutions business, according to Bloomberg.
