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Weidmann urges governments not to rely on ECB to solve crisis 26 Aug 2013 | 02:28 pm

BERLIN (Reuters) – European Central Bank Governing Council member Jens Weidmann urged governments not to rely on the ECB to solve their problems, saying the central bank would do best by sticking to i...

Italian tensions in focus as emerging assets calmer 26 Aug 2013 | 02:27 pm

LONDON (Reuters) – Italian shares and bonds fell on Monday after a threat from Silvio Berlusconi’s party to bring down the government while a weaker dollar and lower U.S. yields offered some relief to...

India’s ONGC to buy $2.64 billion stake in Anadarko Mozambique gas block 26 Aug 2013 | 02:23 pm

MUMBAI/NEW YORK (Reuters) – India’s Oil and Natural Gas Corp has agreed to buy 10 percent in a gas field offshore Mozambique from Anadarko Petroleum Corp for $2.64 billion, as the explorer looks to of...

Germany’s GSW sees some merit in Deutsche Wohnen tie-up 26 Aug 2013 | 02:07 pm

FRANKFURT (Reuters) – German residential landlord GSW Immobilien said a proposed $2.3 billion takeover by rival Deutsche Wohnen could make sense and it will make a decision after full details are publ...

India’s fiscal deficit target getting more challenging: Fitch 26 Aug 2013 | 12:56 pm

MUMBAI (Reuters) – Fitch ratings said it was getting more challenging for India to meet its fiscal deficit target in the current fiscal year ending March 2014 with revenues slowing.

ING’s Asia exit plan nears end as MBK agrees to buy South Korea unit 26 Aug 2013 | 12:33 pm

SEOUL/HONG KONG (Reuters) – ING Groep edged closer to completing its year-and-a-half-old Asia divestment plan after private equity firm MBK Partners agreed to buy its South Korean insurance unit for t...

Heineken controlling families to up stake in Heineken Holding 26 Aug 2013 | 11:22 am

BRUSSELS (Reuters) – The families that control Heineken said on Monday they planned to buy up to 100 million euros ($134.0 million) of shares in Heineken Holding .

Analysis: New Microsoft CEO faces big choices post-Ballmer 26 Aug 2013 | 11:16 am

SEATTLE (Reuters) – The next CEO of Microsoft Corp has one big decision to make: press on with retiring chief executive Steve Ballmer’s ambitious plan to transform the software giant into a broad-base...

Japan may dip into budget reserves to fight Fukushima toxic water 26 Aug 2013 | 11:14 am

TOKYO (Reuters) – Japan may use emergency reserve funds from this year’s budget to help Tokyo Electric Power Co, the operator of the crippled Fukushima nuclear plant, deal with escalating radioactive ...

Greece could return to debt market in late 2014, Stournaras says 26 Aug 2013 | 11:11 am

BERLIN (Reuters) – Greece could return to debt markets to test the water in the second half of 2014 if his country returns to growth in the first half of next year and manages a primary surplus, its f...

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