Europe
Severn Trent Rejects Increased US$8.2 Billion Takeover Bid
Severn Trent rejected the raised bid from LongRiver consortium. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent, a British water firm rejected the increased US$8.
What to Watch in The Week Ahead
The U.S. economy might be strong enough for the Fed to start easing its monetary stimulus in the fall but the next few months could be a bumpy ride.
Raiffeisen Bank Int'l to tighten controls in light of latest controversy
Raiffeisen Bank International Chairman says that it would tighten compliance rules due to the latest Stepic controversy.
Berkshire Hathaway Expresses Interest in Unipol Assets
Berkshire Hathaway expressed interest in purchasing assets owned by Unipol. (Photo : Reuters)Berkshire Hathaway's fourth-quarter profit plunged sharply in part on an underwriting loss in its reinsurance business related to life insurance.