French lawsuit targets NSA, FBI, tech firms over Prism
PARIS (Reuters) – Two French human rights groups filed a legal complaint on Thursday targeting the U.S. National Security Agency, the FBI and seven technology companies they say may have helped the United States snoop on French citizens’ emails and pho…
Exclusive: Spanish court to hear Repsol lawsuit against YPF
MADRID (Reuters) – A Spanish court has agreed to hear an unfair competition claim brought by oil major Repsol against former Argentine subsidiary YPF over the exploration of the vast Vaca Muerta shale oil field, court documents seen by Reuters show.
French rogue trader Kerviel accuses SocGen of fraud
PARIS (Reuters) – Convicted French rogue trader Jerome Kerviel launched a new legal salvo against his former bank, Societe Generale , accusing it of fraud and demanding that an independent expert examine how much money was lost in France’s biggest-ever…
Europe’s top telecoms groups in competition probe
BRUSSELS/PARIS (Reuters) – Europe’s competition watchdog is investigating some of the region’s biggest telecoms companies over whether they abused their market position in deals with internet companies to deliver content to consumers.
Exclusive: Fittings maker Grohe attracts bid interest from rivals – sources
FRANKFURT (Reuters) – German bathroom fixtures maker Grohe has attracted bidding interest from several rivals, which have been asked to submit tentative offers by the end of next week, three people familiar with the process told Reuters.
Senators introduce bill to break up megabanks
WASHINGTON (Reuters) – A small bipartisan group of senators on Thursday introduced legislation that would break up Wall Street’s megabanks by separating traditional banking activity from riskier financial services.
Romania gives Chevron green light to explore shale
BUCHAREST (Reuters) – U.S. oil major Chevron won approval to drill exploration wells for shale gas in three areas in eastern Romania, local news agency Mediafax reported on Thursday.
McGraw Hill Financial names S&P head Peterson CEO
(Reuters) – McGraw Hill Financial Inc said Douglas Peterson will replace Chief Executive Harold (Terry) McGraw, who will step down after reaching the mandatory retirement age of 65.
Jobless claims rise, but labor recovery grinds on
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose last week, although the level still pointed to further healing in the labor market.
Analysis: Fed stops short of the clarity global markets crave
LONDON (Reuters) – Federal Reserve Chairman Ben Bernanke now knows why uncharted waters on mariners’ charts used to be marked ‘Here be Dragons’.
