» Euro debt crisis weighs on insurers' 2011
06/02/12 09:56 from Reuters: Business News
LONDON (Reuters) - Near-record catastrophe claims, the euro zone debt crisis and low interest rates are likely to result in mostly weaker 2011 profits for European insurers. Related Stories Airbus wins 91 orders in January UK law firms Pins..
» Greeks delay bailout talks as Merkel demands action
06/02/12 09:50 from Reuters: Business News
ATHENS/PARIS (Reuters) - German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for ye..
» FTSE ends lower as miners fall, Greek deal awaited
06/02/12 09:01 from Reuters: Business News
LONDON (Reuters) - Miners dragged the FTSE lower on Monday, after doubt surfaced about Glencore's potential merger with Xstrata , while banks waned in the absence of a debt deal for Greece. Related Stories Airbus wins 91 orders in January U..
» Average daily UK forex turnover slips - Bank
06/02/12 08:29 from Reuters: Business News
LONDON (Reuters) - The average daily turnover in UK foreign exchange markets fell in the six months to October, driven by a drop in FX swaps and options activity, a Bank of England survey showed on Monday. Related Stories EU bank results ey..
» EU bank results eyed for Greek debt, EBA fallout
06/02/12 07:51 from Reuters: Business News
LONDON (Reuters) - Markets will punish European banks that fail to write down their Greek debt adequately or don't tell investors how they will boost their capital buffers by June, auditing firms say. Related Stories Tesco prepares for $500..
» Glencore, Xstrata hammer out premium as deal nears
06/02/12 07:49 from Reuters: Business News
LONDON/CAPE TOWN (Reuters) - Top executives at Glencore and Xstrata are hammering out the final details of a proposed $80 billion (50 billion pound) merger, including the premium on offer by the commodities trading giant to secure approval ..
» Dresdner bonus pool aimed at keeping bankers working hard
06/02/12 07:47 from Reuters: Business News
LONDON (Reuters) - Dresdner Bank's promise of a minimum bonus pool was aimed at keeping its bankers working hard and preventing an exodus of staff after it hit trouble more than three years ago, the former head of the business told a London..
» UK law firms Pinsent Masons and McGrigors to merge
06/02/12 06:48 from Reuters: Business News
LONDON (Reuters) - Mid-tier British-based law firms Pinsent Masons and McGrigors have agreed to merge following a partner vote, the companies said in a statement on Monday. Related Stories Sanofi faces uphill struggle in MS drug market Tesc..
» Swiss business lobby seeks U.S. restraint on banks
06/02/12 06:10 from Reuters: Business News
ZURICH (Reuters) - U.S. authorities should show restraint in a crackdown on banks accused of helping rich Americans dodge taxes, while indicting another bank could risk significant collateral damage, the head of a Swiss-American business lo..
» Airbus wins 91 orders in January
06/02/12 06:07 from Reuters: Business News
PARIS (Reuters) - European planemaker Airbus won 91 plane orders last month, dominated by sales of standard and new-engine versions of its single-aisle A320 family of aircraft, it said on Monday. Related Stories Lamborghini to follow Porsch..
» Sanofi faces uphill struggle in MS drug market
06/02/12 05:39 from Reuters: Business News
PARIS (Reuters) - Sanofi SA risks falling behind in the battle for share of the fast-growing multi-billion euro multiple sclerosis (MS) market, as rivals push ahead with revolutionary treatments while doubts remain over the French drugmaker..
» Analysis - Euro zone strugglers lack innovative knack
06/02/12 05:30 from Reuters: Business News
LONDON (Reuters) - To get an idea of the economic mountain euro zone strugglers Greece and Portugal have to climb, consider this: per million inhabitants, they each filed fewer than eight applications with the European Patent Office in 2010..
» Tesco prepares for $500 million Thai property IPO - IFR
06/02/12 05:27 from Reuters: Business News
HONG KONG (Reuters) - Tesco plc , Britain's biggest retailer, started pre-marketing on Monday for an initial public share offer (IPO) to raise about $500 (317.36 pound) by bundling some of its shopping centres in Thailand into a listed fund..
» China growth could halve if Europe crisis worsens - IMF
06/02/12 04:22 from Reuters: Business News
BEIJING (Reuters) - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International..
» Lamborghini to follow Porsche with SUV - sources
06/02/12 04:20 from Reuters: Business News
PARIS/BERLIN (Reuters) - Lamborghini, the maker of low-slung supercars once advertised as "closer to the road," is planning a new model that will be further from the tarmac than ever: an SUV. Related Stories Analysis - Euro zone strugglers ..
