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China antitrust regulator fines two Japan auto parts makers

Two Japanese automotive bearings makers said on Tuesday a Chinese regulator has ordered them to pay fines for violating antitrust laws as Beijing intensifies its scrutiny of business practices in the auto sector.

Aug 19, 2014 03:03 PM EDT


UK inflation falls more than expected; 2014 rate rise less likely

British inflation fell more than expected in July and surging house price growth slowed in June, making it less likely the Bank of England will raise interest rates this year.

Aug 19, 2014 03:00 PM EDT


Lehman's London staff win $300 million pensions fight

More than 2,400 former Lehman Brothers bankers based in Britain will have their pensions paid in full after winning a six-year battle to receive their money from parts of the collapsed U.S. investment bank.

Aug 19, 2014 02:59 PM EDT


Heinz recalls four batches of infant food in China

Ketchup maker H.J. Heinz Co has recalled some infant food in eastern China after it was found to contain lead in excess of the allowable limit, the company said on Monday.

Aug 19, 2014 02:57 PM EDT


Banks to return 2.86 billion euros in crisis loans to ECB next week

Banks will return 2.861 billion euros ($3.83 billion) in long-term loans to the European Central Bank next week after the ECB started to charge for holding banks' excess cash overnight and promised more long-term loans.

Aug 15, 2014 03:58 PM EDT


End of the Wirtschaftswunder? Germany's sudden slowdown

The German soccer team's romp to victory in last month's World Cup was hailed at home as a symbol of the country's emergence as a confident global economic power.

Aug 15, 2014 03:55 PM EDT


Holders of Argentina eurobonds plan to appeal U.S. court ruling

Holders of euro-denominated Argentine bonds plan to appeal a U.S. judge's ruling blocking the country from making payments on their debt, according to a court filing on Friday.

Aug 15, 2014 03:11 PM EDT


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