Local, global trends boost Gulf banks as foreign rivals retrench
By Stanley Carvalho and Dinesh Nair ABU DHABI/DUBAI (Reuters) - When British banker Michael Tomalin took the top job at National Ban...
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Commerzbank to cut around 5,200 jobs
FRANKFURT (Reuters) - Germany's second-largest lender Commerzbank said on Wednesday it will cut 5,200 jobs, about 12 percent of its...
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Dolce and Gabbana sentenced to jail for tax evasion
By Manuela D'Alessandro MILAN (Reuters) - Fashion design duo Domenico Dolce and Stefano Gabbana were on Wednesday handed a suspended...
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Analysis: Half-way to lost decade, Europe's growth task as tough as ever
By Alan Wheatley, Global Economics Correspondent LONDON (Reuters) - Half-way towards a lost decade for Europe's economy, pessimism p...
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Britain says reckless bankers could face jail
By Matt Scuffham LONDON (Reuters) - Bankers who are reckless with customers' or taxpayers' money could face criminal charges and hav...
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U.S. arms companies see rising foreign demand
By Andrea Shalal-Esa PARIS (Reuters) - U.S. arms makers see rising foreign demand for fighter jets, missile defense systems and othe...
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EADS says window closed for new BAE merger attempt
PARIS (Reuters) - European aerospace group EADS said on Wednesday the window for a merger with BAE Systems was "closed". "Consider...
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Orders top $100 billion as Ryanair gives Boeing a boost
By Alwyn Scott and Maria Sheahan PARIS (Reuters) - Orders at the Paris Airshow surpassed $100 billion on Wednesday, as planemakers B...
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Lockheed, Mitsubushi Heavy sign deal for F-35 assembly
PARIS (Reuters) - Lockheed Martin Corp has signed a contract with Mitsubishi Heavy Industries Ltd to begin work on a final assembl...
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Tesla recalls some Model S cars due to seat-mount defect
By Bernie Woodall (Reuters) - Electric car maker Tesla Motors Inc will recall 1,228 of its 2013 Model S cars manufactured between Ma...
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