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Updated: 4 hours 12 min ago

Bloomberg's top editor calls client data policy 'inexcusable'

Mon, 13/05/2013 - 22:50
NEW YORK (Reuters) - Matthew Winkler, editor-in-chief of Bloomberg News, apologized on Monday for allowing journalists "limited" access to sensitive data about how clients used Bloomberg terminals, saying it was "inexcusable", but that important customer data had always been protected.

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Swiss try Czechs, Belgian in major money laundering probe

Mon, 13/05/2013 - 22:36
BELLINZONA, Switzerland/PRAGUE (Reuters) - One of the biggest scandals dating back to central Europe's post-communist privatisation boom came to trial on Monday in a Swiss court, years after alleged money laundering that prompted the freezing of around half a billion euros (420 million pounds).

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Barclays wins dismissal of U.S. shareholder lawsuit over Libor

Mon, 13/05/2013 - 22:18
(Reuters) - Barclays Plc , the first bank to settle with authorities over alleged manipulation of the Libor interest rate, on Monday won the dismissal of a U.S. lawsuit by shareholders who claimed they lost money because of the British bank's activity.

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FBI says more cooperation with banks key to probe of cyber attacks

Mon, 13/05/2013 - 20:43
WASHINGTON (Reuters) - The FBI last month gave temporary security clearances to scores of U.S. bank executives to brief them on the investigation into the cyber attacks that have repeatedly disrupted online banking websites for most of a year.

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Amazon buys Liquavista from Samsung, launches digital currency

Mon, 13/05/2013 - 20:28
SAN FRANCISCO (Reuters) - Amazon.com Inc said on Monday it had acquired Liquavista NV from Samsung Electronics Co to help the world's largest Internet retailer develop new displays for mobile devices.

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Too early to say if Slovenia's reform plan is enough: EU's Rehn

Mon, 13/05/2013 - 20:07
BRUSSELS (Reuters) - The European Commission is still evaluating Slovenia's economic reform plans submitted last week and wants quick action to tackle the country's banking problems, the EU's top economic official said on Monday.

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Nintendo wins U.S. appeals court ruling decision over Wii

Mon, 13/05/2013 - 20:04
(Reuters) - Nintendo Co, one of the world's largest makers of video game players, won a U.S. appeals court decision in a patent case that will allow it to keep importing its popular Wii system into the United States.

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ECB won't cut deposit rate below zero, say traders

Mon, 13/05/2013 - 19:42
BANGALORE (Reuters) - The European Central Bank will not lower its deposit rate below zero in the next few months, a firm majority of traders polled by Reuters on Monday said, after ECB policymaker Ignazio Visco backed such a move.

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FTSE rebounds to hit fresh multi-year highs

Mon, 13/05/2013 - 19:17
LONDON (Reuters) - The FTSE 100 edged up to fresh 5-1/2 year highs on Monday, reversing early losses as strength in defensive stocks helped compensate for steep losses in the banking sector.

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Airline industry leans toward global carbon offset scheme

Mon, 13/05/2013 - 19:07
MONTREAL/WASHINGTON (Reuters) - The global airline industry favours offsetting carbon emissions by buying carbon credits rather than participating in an industry-wide cap-and-trade system, the head of the trade association for global airlines said Monday.

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Germany disputes hard EU stance on China solar panel duties

Mon, 13/05/2013 - 19:05
BERLIN (Reuters) - Germany distanced itself on Monday from the European Commission's proposal to impose punitive import duties on solar panels from China, saying it would prefer an amicable solution.

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ECB says in contact with Bloomberg over confidentiality

Mon, 13/05/2013 - 18:35
FRANKFURT (Reuters) - The European Central Bank said on Monday it was in touch with Bloomberg LP after the financial data and news company had allowed journalists to see some information about terminal usage.

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Asian shares ease, yen hits fresh lows against dollar

Mon, 13/05/2013 - 02:40
TOKYO (Reuters) - Asian shares eased on Monday with sentiment hit by selling in commodities triggered by a strong dollar, which rose to a fresh 4-1/2-year peak against the yen on the back of growing confidence in the U.S. economy.

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Exclusive - Airbus to China: We support you, please buy our jets

Mon, 13/05/2013 - 01:18
BRUSSELS (Reuters) - China's decision to ease a boycott of some $11 billion (7.16 billion pounds) in Airbus jet orders followed a high-level appeal from the planemaker urging Beijing to recognise its support over a trade row with Europe, a letter seen by Reuters shows.

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HSBC boss can do more to cut bank down to size

Mon, 13/05/2013 - 00:24
LONDON (Reuters) - HSBC's sale of a stake in a Korean insurer last month was made with little fanfare, just one of 52 deals struck or businesses closed in the last two years by Chief Executive Stuart Gulliver, and analysts are expecting more.

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Firms more upbeat on economy, credit scheme helping - lobby

Mon, 13/05/2013 - 00:19
LONDON (Reuters) - British companies have grown more optimistic about the economy in recent months as a recovery, increasingly aided by a central bank funding scheme, is gathering pace, a leading business lobby said on Monday.

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Aviva in talks to enter British rented housing market - FT

Sun, 12/05/2013 - 23:46
(Reuters) - British insurer Aviva Plc could buy thousands of homes in London and the southeast of England to use as rented properties in a deal with social housing provider A2Dominion, the Financial Times reported on Sunday, citing people familiar with the situation.

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Portugal bailout review completed - government

Sun, 12/05/2013 - 20:50
LISBON (Reuters) - Portugal's government said on Sunday its EU and IMF lenders had concluded work on the latest bailout review, indicating there were no outstanding obstacles for Lisbon to receive the next 2 billion euro tranche of the rescue package.

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