Industry
ECB presses Italy to strengthen fiscal position
The European Central Bank pressed Italy on Thursday to further strengthen its fiscal position, arguing that weaker-than-expected economic developments mean the government may miss its current 2014 deficit target.
China price regulator fines Volkswagen and Chrysler for price monopoly
China's anti-monopoly regulator on Thursday announced its first-ever punishment of foreign carmakers for price-fixing, fining Volkswagen AG and Fiat's Chrysler a combined $46 million.
Top global banks close capital shortfall to 15 bln eur -BIS
The world's top banks have almost eliminated the shortfall in capital they would have to fully meet new capital rules that are being phased in.
Li Ka-shing sets new course for $200 billion aircraft leasing market
Asia's richest man, Li Ka-shing, aims to buy his way into the global aircraft leasing business as his flagship investment firm holds talks with lessors on building a portfolio of planes, people with direct knowledge of the matter said.