International
Pension Funds Join Together To Invest In Fledgling Asset Class: Farmland
Major asset managers, cowed by the cost, the risk and the controversy involved in investing in farmland, are joining forces to increase investment in the historically under-capitalized sector. In one ...EU Fines Microsoft $731M
The European Union fined Microsoft Corp 561 million euros ($731 million) on Wednesday for failing to offer users a choice of web browser, an unprecedented sanction that will act as a warning to other ...Banks Urge U.S. Judge To Throw Out LIBOR Lawsuits
Banks facing a barrage of lawsuits from customers accusing them of interest-rate rigging argued on Tuesday that the cases should be dismissed, saying there is no evidence of antitrust or other ...Spain Sees EU Flexibility On Budget Deficit Goals
Spain joined France on Tuesday in pleading for more time to reduce its budget deficit, saying it believed the European Commission was warming to the idea to avoid deepening the country's recession. ...Political Transition Key To Post-Chavez Moody’s Rating For Venezuela
The death of President Hugo Chavez will not have an immediate effect on Venezuela's sovereign rating, a Moody's analyst said on Tuesday, but the political transition after the controversial leader's ...Big UK Companies Slow To Put Women On Boards
Britain's largest listed companies are failing to increase the number of women on their boards despite a Europe-wide push to get more women to top management positions, figures published on Tuesday ...Bankinter, Apollo team up for Generali’s BSI: Sources
Spain's Bankinter has joined forces with U.S. investment fund Apollo Global Management to bid for Italian insurer Generali's Swiss private bank BSI in a deal worth up to 2 billion euros ($2.6 ...