- Dollar hits one-month high as periphery woes weigh on Europe
LONDON (Reuters) - Greece's financial crisis and signs of growing opposition to austerity in Spain sent the euro to its lowest level in a month on Tuesday, while shares and commodities took a knock as the dollar powered higher.
- Charter Communications nears $55 billion deal for Time Warner Cable
(Reuters) - Time Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday.
- Varoufakis says Greece committed to reforms, rules out more austerity
MILAN (Reuters) - Greece is committed to liberalizing its economy, reforming its pension system and running a reasonable primary budget surplus, Finance Minister Yanis Varoufakis wrote on Tuesday.
- First defendant in Libor scandal faces jury trial in London
LONDON (Reuters) - Tom Hayes, a former star trader at UBS and Citigroup, becomes on Tuesday the first person to face trial by jury over allegations he conspired to rig global Libor interest rates.
- Shake-up in key Samsung assets to cement heir's grip as succession looms
SEOUL (Reuters) - Samsung Group's de facto holding company on Tuesday sought another cornerstone as it reconstructs South Korea's biggest conglomerate to smooth the path for management succession, offering more than $8 billion to buy an affiliate with a key stake in flagship firm Samsung Electronics.
- Buffett-backed Chinese automaker BYD plans up to $1.9 billion placement: IFR
HONG KONG (Reuters) - Chinese automaker BYD Co Ltd <002594.SZ><1211.HK>, backed by Warren Buffett's Berkshire Hathaway Inc <BRKa.N>, plans to raise up to $1.9 billion in a share offering in mainland China, IFR reported on Tuesday, citing a source familiar with the plans.
- Oil drops to $65 on U.S. shale outlook, dollar
LONDON (Reuters) - Oil fell to around $65 a barrel on Tuesday, pressured by the possibility that U.S. shale oil producers could increase drilling activity and by a stronger dollar.
- Skype summoned to Belgian court over failure to share call data
BRUSSELS (Reuters) - Online communication service Skype <MSFT.O> has been summoned to appear in court in Belgium after refusing to pass on customer data to aid a criminal investigation, a court spokesman said.
- AstraZeneca hit after psoriasis drug linked to suicide fears
LONDON (Reuters) - AstraZeneca's <AZN.L> hopes of topping $45 billion in revenue by 2023 have been dealt a blow by a problem with an experimental psoriasis drug that the drugmaker had viewed as a potential billion-dollar plus seller.
- British-based banks planning for EU 'no' stymied by lack of European office space
LONDON (Reuters) - A shortage of prime office space in rival European financial centers may torpedo plans by some of London's banks to quit the UK capital if Britain opts out of European Union membership.
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