UK appoints BlackRock as advisor on RBS review
LONDON (Reuters) – Britain’s finance ministry has appointed BlackRock to advise on whether it should break up part-nationalized Royal Bank of Scotland , it said on Friday.
No British nationals detained in GSK China case: sources
LONDON/SHANGHAI (Reuters) – No British nationals employed by GlaxoSmithKline Plc have been detained as part of an investigation into the British-based drugmaker in China, sources familiar with the situation said on Friday.
Portugal’s PM says committed to reaching cross-party deal
LISBON (Reuters) – Portuguese Prime Minister Pedro Passos Coelho said on Friday he is ready to overcome differences with his coalition partner and the opposition Socialists to resolve a political crisis as requested by the country’s president.
Missing property addresses, keys hamper Spain’s ‘bad bank’
MADRID (Reuters) – Spain’s “bad bank” not only has to sell the soured property loans and unwanted housing it took on from the country’s rescued lenders – it first has to find them.
Exclusive: Siam Cement, Geberit among bidders for Grohe – sources
FRANKFURT/HONG KONG (Reuters)- German bathroom fixtures maker Grohe has attracted takeover interest from at least two suitors, people familiar with the process said, in what could be Europe’s largest private equity deal of the year.
Ballmer tightens grip on Microsoft with major revamp
SAN FRANCISCO (Reuters) – Microsoft Corp’s sweeping re-organization on Thursday creates a company that, more than ever, bears the stamp of Chief Executive Steve Ballmer.
Analysis: Fed mulls adjusting its tune to quell jittery markets
(Reuters) – Federal Reserve officials are considering moving the goal posts on U.S. monetary policy with a promise to keep interest rates low for longer in the hopes of heading off a troubling rise in market-set borrowing costs.
UBS’s German offices searched in ongoing tax probe of clients
FRANKFURT (Reuters) – UBS said some of its German offices were searched in connection with an ongoing tax probe of the Swiss bank’s clients, confirming an earlier media report.
Trade chief urges India to heed U.S. companies’ complaints
WASHINGTON (Reuters) – U.S. Trade Representative Michael Froman urged India on Thursday to reverse course on policies that he said discriminated against American companies and were fraying relations between the world’s two largest democracies.
Treasury Secretary says China to hand audit work to SEC
WASHINGTON (Reuters) – Chinese regulators will hand over some audit documents of U.S.-listed Chinese companies to U.S. securities regulators, U.S. Treasury Secretary Jack Lew said on Thursday, a move that may thaw a dispute over multiple accounting sca…
