EU seeking to settle with banks in Euribor, Libor cases by year-end
(Reuters) – EU regulators are seeking to settle with a group of banks under investigation for suspected rigging of lending benchmarks Euribor and Libor in a procedure which includes lower fines in return for admission of wrongdoing, the EU’s antitrust …
EU seeking to settle with banks in Euribor, Libor cases by year-end
(Reuters) – EU regulators are seeking to settle with a group of banks under investigation for suspected rigging of lending benchmarks Euribor and Libor in a procedure which includes lower fines in return for admission of wrongdoing, the EU’s antitrust …
Apple applies to register ‘iWatch’ trademark in Japan
TOKYO (Reuters) – Apple Inc has applied for a trademark for “iWatch” in Japan, a patent official said on Monday, signaling the iPhone maker may be moving ahead with plans for a watch-like device as gadget makers turn their attention to wearable compute…
Nokia to buy out Siemens equipment venture; shares surge
HELSINKI (Reuters) – Nokia shares surged on Monday after it announced plans to buy out partner Siemans AG’s share of their valuable network equipment joint venture, betting on the technology to run 4G networks after it stumbled as a maker of smartphone…
Emerging Europe’s factories doing better amid economic gloom
PRAGUE (Reuters) – Business conditions in central and eastern Europe improved in June, propped up by rising new orders, but economists said more signs of revival were needed to see whether the region’s economic downturn has bottomed out.
Stakes raised as Greece, lenders resume talks on bailout loan
ATHENS (Reuters) – Greece and its international lenders resume talks on Monday to unlock 8.1 billion euros ($10.5 billion) of rescue loans after a two-week break during which the government almost collapsed over redundancies at state broadcaster ERT.
Investment adviser opposes McKesson CEO’s re-election: WSJ
(Reuters) – A union pension adviser opposes the re-election of drug wholesaler McKesson Corp.’s chief executive, citing excessive pay and the failure to heed a shareholder advisory vote to split the chairman and chief executive roles, the Wall Street J…
Analysis: Shale oil storm blows U.S. tanker trade out of doldrums
(Reuters) – Thanks to the U.S. shale energy boom, the once-quiet niche of U.S.-flagged oil tankers is in unprecedented flux.
Toyota heir takes center stage in drive to shed ‘boring’ tag
NAGOYA, Japan (Reuters) – Toyota Motor Corp executives have sometimes seemed to share the personality of the automaker’s best-selling cars – dependable and efficient, but also a bit boring and bland.
China June official PMI slips to 50.1, adds to growth worries
BEIJING (Reuters) – China’s official purchasing managers’ index (PMI) slipped to 50.1 in June from 50.8 in May, a survey showed on Monday, reinforcing worries about tepid growth in the second quarter.
