One of the world’s most prominent hedge funds is sitting on a $500 million profit after making a bet that Greece would not be forced to leave the euro zone.
The 90-day consultation period before large-scale redundancies can take place is to be halved to 45 days from next April.
Samsung has said it will no longer seek an injunction against Apple’s devices in Europe.
Hector Sants will receive a total remuneration package worth as much as 3 million pounds ($4.87 million) as part of his move to Barclays next month.
Google is edging closer to a settlement with the EU’s top competition authority after Brussels said the U.S. search giant had made substantial progress.
John Boehner, the Republican Speaker of the House of Representatives, said he was preparing a back-up plan to extend current tax rates for all Americans except millionaires.
The Fed was warned as early as mid-2008 that banks may have been misreporting their Libor borrowing rate to aid their own trading positions, much earlier than previously known.