Finance & Stock Market News

US arms buyer rejects protectionism charge

WASHINGTON, March 12 (Reuters) - The top U.S. arms buyer said no protectionism was involved in the potential $50 billion refueling-aircraft competition that Europe's EADS quit this week along with Northrop Grumman Corp .
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UK didn't block Barclays' Lehman deal -regulator

LONDON, March 12 (Reuters) - Britain did not block Barclays from buying Lehman Brothers 18 months ago, but it would have been reluctant to approve a deal without shareholder approval, if asked.
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UPDATE 1-Russian ESPO oil heads to US West Coast -trade

HOUSTON, March 12 (Reuters) - Three cargoes of Russian East Siberian Pipeline oil are coming in April and May to a U.S. West Coast refiner, possibly the first to reach the U.S. mainland, traders said.
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MONEY MARKETS-Pre-Fed apprehension lifts rates

By Burton Frierson
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UPDATE 1-Iberia Feb traffic slips 2.8 pct y/y

MADRID, March 12 (Reuters) - Passenger traffic at Spain's flagship airline Iberia fell 2.8 percent in February from a year earlier due to lower domestic, medium-range and European traffic, the airline said on Friday.
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UPDATE 2-UK agrees loan guarantee for GM Europe

LONDON, March 12 (Reuters) - Britain said on Friday it would provide a 270 million pound loan guarantee to General Motors Europe to help secure the company's operations in Britain and the rest of Europe.
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European shares rise to 7-week peak; Roche slips

By Atul Prakash
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European shares rise to 7-week peak; Roche slips

By Atul Prakash
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RLPC-WorldPay financing totals up to 1.5 bln pounds -bankers

LONDON, March 12 (Reuters) - Banks are working on a financing of up to 1.5 billion pounds backing the buyout of Royal Bank of Scotland's payment processing business WorldPay, two banking sources said on Friday.
[2 Hours Ago]

RLPC-Gala's junior lenders poised to take control -investors

By Tessa Walsh

LONDON, March 12 (Reuters) - UK gaming group Gala Coral moved closer to agreeing a debt restructuring on Friday tha
[2 Hours Ago]