While there's still a war to be fought, the austerity advocates are pretty clearly winning the battle over how to fix the global economy.» Read More
Cheesewright, currently the president and CEO of Wal-Mart's Europe, Middle East and Africa and Canada businesses, will assume his new position on Feb. 1, 2014, the company said.
Insurance group Prudential laid out an "aggressive" growth plan, targeting at least £10 billion of cumulative cash generation by 2017.
*USDA to issue supply and demand report later on Tuesday. "We are seeing position-squaring ahead of the USDA report tonight," said Andrew Woodhouse, grains analyst at Advance Trading Australasia. "Soybeans have been driven by demand and I expect that to be shown in the USDA numbers," he added.
PARIS, Dec 10- European stocks inched higher on Tuesday but remained in a tight range as uncertainty over the timing of the U.S. Shares in Airbus parent EADS fell 1.6 percent, extending recent losses, as the European plane maker came under fire from shareholders France and Germany over plans to cut 5,800 jobs.
BRUSSELS, Dec 10- Europe is seeking to agree by year-end on how to close failing banks, part of an ambitious plan to create a single banking framework and fix lenders whose problems have festered since the financial crisis.
A court ruling to restrict the sale of e-cigarettes in France this week could knock the nascent e-cigarette industry off course.
*Germany opposes use of bailout fund as backstop for financing bank closures. BRUSSELS, Dec 10- European Union finance ministers are likely to take a political step towards creating a banking union with powers to close down failing banks on Tuesday, but leave nagging legal details to another time, perhaps next week.
KIEV, Dec 10- About 2,000 pro- Europe protesters huddled by braziers in their main tented camp in snowbound Kiev on Tuesday, in defiance of riot police who herded them away from government buildings overnight.
*2,000 jobs to go in Germany; 1,260 in France. PARIS/ BERLIN, Dec 10- Airbus parent EADS came under fire on Tuesday from shareholders France and Germany over plans to cut 5,800 jobs, but its chief executive said that ignoring weak defence and space markets would have put even more jobs at risk.
There were mixed messages coming from Brussels, as finance ministers attempted to hammer out a deal on how to wind down failing banks.
*WTI-Brent spread narrows as TransCanada fills pipeline. LONDON, Dec 10- Brent crude oil rose above $110 a barrel on Tuesday, recouping some of the previous session's losses- the sharpest in over five weeks. Brent for January was up 80 cents at $110.19 a barrel by 0952 GMT, having risen briefly by more than $1 to $110.45.
*Asia underlying free surplus cash target 900 mln stg to 1.1 bln stg. The group said it was aiming for underlying free surplus cash generation in Asia of 900 million pounds to 1.1 billion pounds in 2017, compared with 484 million pounds in 2012..
PARIS, Dec 10- European stocks were steady in early trade on Tuesday as uncertainty over the timing of the U.S. At 0832 GMT, the FTSEurofirst 300 index of top European shares was up 0.02 percent at 1,272.66 points, failing to rebound from last week's sell-off.
MOSCOW, Dec 10- About 2,000 anti-government protesters huddled by braziers in their main tented camp in snowbound Kiev on Tuesday, in defiance of riot police who herded them away from government buildings overnight.
BOSTON, Dec 9- Chinese hackers eavesdropped on the computers of five European foreign ministries before last September's G20 Summit, which was dominated by the Syrian crisis, according to research by computer security firm FireEye Inc.
SINGAPORE, Dec 10- Brent crude rose toward $110 a barrel on Tuesday, recouping some of the previous session's sharp losses, as data from China reaffirmed signs of stabilising growth and fuel demand in the world's second-largest oil consumer.
Europe is seeking to agree by year-end on how to close failing banks, part of an ambitious plan to create a single banking framework.
UK ministers are under growing pressure to intervene against plans by the island of Malta to sell EU passports, the Financial Times reports.
The majority of European employers anticipate increasing hiring in 2014, according to the latest employment outlook survey from human resources consultancy ManpowerGroup.
*Sweden adopted some of most radical school reforms. STOCKHOLM, Dec 10- When one of the biggest private education firms in Sweden went bankrupt earlier this year, it left 11,000 students in the lurch and made Stockholm rethink its pioneering market reform of the state schools system.