LONDON - The euro reached a five-year peak against the yen and a six-week high against the dollar on Tuesday, as focus intensified on the dwindling level of spare cash in the euro zone's banking system and the ECB's apparent lack of concern.
Recent Business News
LONDON - Commercial jet buyers are set to turn to rapidly-expanding capital markets for more financing in 2014, as the value of jet sales rises by about 7.7 percent to $112 billion, Boeing Co forecast on Tuesday.
ROME - The board of Telecom Italia is not considering any plan to break up the company's Brazilian wireless unit TIM Participacoes, CEO Marco Patuano said on Tuesday.
ZURICH - Valiant Holding AG has become the first Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
LONDON - The financial burden of running final salary pension schemes is hampering companies' ability to invest in expansion and development, according to UK research published on Tuesday.
Reuters charts the dearth of female directors at venture-funded startups compared to public companies.